Commit graph

5 commits

Author SHA1 Message Date
Gregory Maxwell
e4e5334ef8 Restore MedianTimePast for locktime.
Revert "Revert "Add rules--presently disabled--for using GetMedianTimePast as endpoint for lock-time calculations""
This reverts commit 40cd32e835.

After careful analysis it was determined that the change was, in fact, safe and several people were suffering
momentary confusion about locktime semantics.
2015-11-03 17:12:36 +00:00
Gregory Maxwell
40cd32e835 Revert "Add rules--presently disabled--for using GetMedianTimePast as endpoint for lock-time calculations"
This reverts commit 9d55050773.

As noted by Luke-Jr, under some conditions this will accept transactions which are invalid by the network
 rules.  This happens when the current block time is head of the median time past and a transaction's
 locktime is in the middle.

This could be addressed by changing the rule to MAX(this_block_time, MTP+offset) but this solution and
 the particular offset used deserve some consideration.
2015-11-01 20:05:18 +00:00
Mark Friedenbach
9d55050773 Add rules--presently disabled--for using GetMedianTimePast as endpoint for lock-time calculations
The lock-time code currently uses CBlock::nTime as the cutoff point for time based locked transactions. This has the unfortunate outcome of creating a perverse incentive for miners to lie about the time of a block in order to collect more fees by including transactions that by wall clock determination have not yet matured. By using CBlockIndex::GetMedianTimePast from the prior block instead, the self-interested miner no longer gains from generating blocks with fraudulent timestamps. Users can compensate for this change by simply adding an hour (3600 seconds) to their time-based lock times.

If enforced, this would be a soft-fork change. This commit only adds the functionality on an unexecuted code path, without changing the behaviour of Bitcoin Core.
2015-10-23 09:02:24 -07:00
Peter Todd
48e9c57cf0 Move LOCKTIME_THRESHOLD to src/script/script.h
Will now be needed by CHECKLOCKTIMEVERIFY code.
2015-05-09 04:33:49 -04:00
jtimon
691161d419 Consensus: Create consensus/consensus.h with some constants 2015-04-20 21:27:51 +02:00