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132 sats \ 2 replies \ @ek 1 Jun 2023 \ parent \ on: Too Embarassed To Ask - Your Bitcoin & Lightning Questions Answered bitcoin
Thanks for your answer. But I am still confused
Isn't this a contradiction? They think anyone can spend it but they don't think they can? I think that's where my confusion is: Wouldn't legacy wallets show a false balance by including these "anyone can spend" outputs as spendable outputs?
For me, a node validating transactions is similar to a wallet checking which utxos it can spend. Or is there something wrong with this analogy?
You're assuming Bitcoin nodes have intelligence that they don't. They don't "think". They're computer programs that follow rules. Pre-segwit rules allow those outputs to be spent by anyone; post-segwit rules don't.
As for wallets, they would never create such scripts so they'd never show those scripts as part of their balance.
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You're assuming Bitcoin nodes have intelligence that they don't. They don't "think". They're computer programs that follow rules. Pre-segwit rules allow those outputs to be spent by anyone; post-segwit rules don't.
Okay, this makes sense and clears things up, thanks!
As for wallets, they would never create such scripts so they'd never show those scripts as part of their balance.
Okay, interesting. Thanks! I have to look more into how wallets behave
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