After being officially canceled, SegWit2x is live. Will transaction replaying be massive ? If yes what does this means?
After being officially canceled, SegWit2x is live. Will transaction replaying be massive ? If yes what does this means? As you know, segwit2x was officially canceled last week, but some miners decided to still go forward today, and some exchanges like coinbase plan to support the hard fork. So things will happen like this for double spending one segwit2x exchanges resume deposits and withdrawals (If I understand correctly) : The frauder installs 2 bitcoin wallet software on his computer : one supporting segwit2x and another one which doesn’t (both using the same wallet format). He sends non segwit2x bitcoins to his wallet on his computer. He backup his wallet file. Frauder then perform a segwit2x transaction through his segwit2x software to an exchange accepting segwit2x. The transaction being larger than 1Mb block size, it is rejected on the original blockchain and he keeps his balance on the original blockchain but not on the second. He then replay the same transaction by ...