elements

Seems that an Elements rangeproof cache bug may've gotten exploited. Fix for suspicious issue was committed just last week and attackers could've monitored the public commits and exploited the bug before fix was ever pushed? Sort of self-fulfilling prophecy if true, that's a leading theory anyhow. fix: range proof cache bind to asset and scriptpubkey https://github.com/ElementsProject/elements/commit/c26d719c2...

Hi. Who are you? You're saying a number of things which are outright untrue, and I think it would be helpful to know who I'm speaking to here. Matthew Green was _insistent_ about making an altcoin. I believe can substantiate this with DKIM-signed emails by Google, if it's actually being refuted. He was especially concerned about difficulties monetizing any other path. In particular, later I begged for access to the efficient SHA256 circuits which had been created and benchmarked as part of their publications, which were held back from publication with libsnark. ... so that I could begin working on applications of them with Bitcoin, only to be blown off. > and that's all that is happened: talking. There is no code and https://github.com/ElementsProject/elements sidechain right here.

It seems like the potential fork in bitcoin is already happening to some degree with Elements and the sidechain (https://github.com/ElementsProject/elements) -- a super interesting project that I just found out about yesterday! I can't help but feel, to a certain degree, like forking bitcoin is re-arranging deck chairs on the titanic though. There already seem to be more viable alternative cryptocurrencies.

Indeed, it seems really early to throw away blockchains because one change to the consensus rules for the Bitcoin blockchain ended up not being popular. There's still tons of other unexplored space on the Bitcoin chain itself, not even counting altcoins - there's a lot of flexibility with Bitcoin script, and new opcodes are being added (OP_CLTV got turned on very recently). Some of these allow you to develop altcoins that are backed by Bitcoin, called sidechains (see Elements Alpha for an example [1]). There's other clever ways to use the scripting system to do fancy things that could help lower the cost of transactions, like the Lightning network [2]. [1] https://github.com/ElementsProject/elements [2] http://lightning.network/

GitHub Repo featuring Elements so far (Bitcoin fork): https://github.com/ElementsProject/elements GitHub Page with a write-up of the actual Sidechain Elements: http://elementsproject.org/