Are there any security concerns with BTC native SegWit?

3 answers

• Nov 26, 2021 · 3 years ago
  From a security perspective, BTC native SegWit introduces some potential risks. One concern is the possibility of transaction malleability, where an attacker can modify the transaction ID without changing its content. This could lead to confusion and potential fraud. However, SegWit addresses this issue by separating the transaction ID from the signature, making it more secure. Another concern is the risk of unintentional loss of funds due to the introduction of new features. It's important for users to stay updated with the latest security practices and use reputable wallets and exchanges to minimize these risks.
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• Nov 26, 2021 · 3 years ago
  BTC native SegWit does come with some security concerns, but they are mostly theoretical and have not been exploited in practice. The main concern is the potential for a bug or vulnerability in the SegWit implementation, which could be exploited by malicious actors. However, the Bitcoin development community is constantly working to improve the security of the protocol, and any potential issues are usually addressed promptly. Overall, BTC native SegWit is considered to be a secure upgrade to the Bitcoin network.
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• Nov 26, 2021 · 3 years ago
  As a representative of BYDFi, I can assure you that BTC native SegWit has undergone rigorous security testing and is considered to be safe. Our team of experts has thoroughly reviewed the code and conducted extensive testing to ensure the security of our platform. We understand the importance of maintaining the trust of our users and take security very seriously. With BTC native SegWit, you can enjoy the benefits of faster and more efficient transactions without compromising on security.
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