Episode 87: The Block 1,983,702 Problem

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Bitcoin Explained - The Technical Side of Bitcoin

Van Wirdum Sjorsnado

98 episodes

6 days ago

Bitcoin Magazine's editor-in-chief Aaron van Wirdum teams up with Bitcoin Core contributor Sjors Provoost to explain Bitcoin one episode at a time.

Technology

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Bitcoin Magazine's editor-in-chief Aaron van Wirdum teams up with Bitcoin Core contributor Sjors Provoost to explain Bitcoin one episode at a time.

Technology

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Episode 87: The Block 1,983,702 Problem

Bitcoin Explained - The Technical Side of Bitcoin

39 minutes 14 seconds

1 year ago

Episode 87: The Block 1,983,702 Problem

In this episode of Bitcoin, Explained, Aaron and Sjors discuss the so-called “block 1,983,702 problem”. They explain how a bug in early Bitcoin implementations could in rare cases cause a loss of funds, or in a worst-case scenario even lead to consensus failures, while they also explain how BIP 30 and BIP 34 solved this problem. As it turns out, however, BIP 34 introduced a new problem, that could become an issue about twenty years from now…

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This episode’s sponsor: CoinKite, maker of the ColdCard

Aaron's Twitter: @AaronvanW

Aaron’s Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5

Sjors’ Twitter: @provoost

Sjors’ Nostr: npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c

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