Tuesday, 6 July 2021

SIGHASH_ANYPREVOUTPUT Question: Won't the eltoo proposal allow someone to transfer ownership of bitcoin at an address without a chain transaction?

SIGHASH_ANYPREVOUTPUT

Question: Won't the eltoo proposal allow someone to transfer ownership of bitcoin at an address without a chain transaction?

If it's possible to fashion a new signature that satisfies a transaction requirement even after an eltoo transaction is in the UTXO, and also makes previous signatures obsolete (nSequence), won't it be possible to create a signature that authorizes a subsequent signature and transfer ownership? Thus transferring ownership of a UTXO without anyone being aware?

Am I mad for thinking this? Or just dumb?

submitted by /u/Frogolocalypse
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