Hi Guys.
Question
I am using still old version of Multibit Version 0.5.18 and recently I am getting payments with the following error message.
This transaction is not standard and should be not be trusted.
I emailed the support of where I get the payouts from and they told that they recently started using Bitcoin XT.
So is this error just related to this?
I am going to upgrade my wallet soon so I guess this might not be an issue.
Just putting it out there anyway.
Ian
That is an interesting little message. As far as I understand it, even if the transaction was mined with an XT node, as long as you keep an eye on the blockchain and can see that the chain has not forked (with your transaction in the wrong chain) for several blocks, you shouldn't have to worry about a double-spend attempt. The original Satoshi whitepaper has a bunch of info on just how increasingly difficult it is to try to double-spend with each successive confirmation (NB: it's pretty hard!).