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    Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 705126 times)
    Mysticus
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    April 12, 2018, 12:29:26 PM
    Last edit: April 12, 2018, 01:51:54 PM by Mysticus
     #14361


    Lightning network requires just a malleability fix it does not need to be segwit it just happens that segwit is the best fix available.

    Yes it will work without segwit or a malleability fix but the smart contract that holds the funds securely on chain is identified by it's transaction id it will work just fine without segwit or a malleability fix the only time a issue would arise is if the opening transaction gets affected by this bug and would result is total loss of funds nothing more and this would be a deal breaker.

    One of the proposed malleability fixes for BCH moves the signature out of the transaction area the exact same way as segwit with the only difference being that on BCH it's just moved permanently and everyone is forced to the new system while segwit just moves it to a separate merkle tree if the user chooses to use segwit and the user still has the option to use it or carry on using  legacy addresses with the signature still in the transaction area.


    With segwit you have the option to use the same security model that Bitcoin has used for the last 9 years but with one of the proposed BCH fixes this would completely change the security model for a new system and you would not be able to use the one Bitcoin has used for the last 9 years.


    Are these claims true about a proposed BCH malleability fix?  If not it needs to be debunked.  If there is such a proposal I believe it could not possibly be adopted in such a way, as it appears that most Bitcoin Cash users would not accept to be forced into a new system.

    Decentralization implies the freedom to keep using legacy addresses in the long term.  Massive on-chain scaling is precisely allowing for that, at a very low cost.  If a malleability fix is envisioned at a later time to add more options, it will respect the freedom of choice for users.
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