Bitcoin Unix Epoch "Y2K bug"? - Cryptocurrency Reporters - A Light To Cryptocurrency World

Thursday, 5 April 2018

Bitcoin Unix Epoch "Y2K bug"?


Bitcoin Unix Epoch "Y2K bug"?I'm new to bitcoin, and have been reading the excellent Mastering Bitcoin O'Reilly book by A Antonopoulos and like, I have a really obvious question. Blockchain headers contain a 4-byte Unix timestamp (seconds since Jan 1, 1970). Unix timestamps will overflow on January 19, 2038 03:14:07 GMT, but the bitcoin network is supposed to be more or less operational (ie handing out more bitcoin to lucky miners) until 2140.Ok so my question: what's going to happen to bitcoins mined before the epoch expiration? since this is in the block header, will it fuck up the chain? why didn't anyone think of this when they were putting the protocol together? or are people actively fixing this? is bitcoin as we know it fucked?discuss. via /r/Bitcoin https://ift.tt/2GUYkoT

I'm new to bitcoin, and have been reading the excellent Mastering Bitcoin O'Reilly book by A Antonopoulos and like, I have a really obvious question. Blockchain headers contain a 4-byte Unix timestamp (seconds since Jan 1, 1970). Unix timestamps will overflow on January 19, 2038 03:14:07 GMT, but the bitcoin network is supposed to be more or less operational (ie handing out more bitcoin to lucky miners) until 2140.

Ok so my question: what's going to happen to bitcoins mined before the epoch expiration? since this is in the block header, will it fuck up the chain? why didn't anyone think of this when they were putting the protocol together? or are people actively fixing this? is bitcoin as we know it fucked?

discuss.

I'm new to bitcoin, and have been reading the excellent Mastering Bitcoin O'Reilly book by A Antonopoulos and like, I have a really obvious question. Blockchain headers contain a 4-byte Unix timestamp (seconds since Jan 1, 1970). Unix timestamps will overflow on January 19, 2038 03:14:07 GMT, but the bitcoin network is supposed to be more or less operational (ie handing out more bitcoin to lucky miners) until 2140.Ok so my question: what's going to happen to bitcoins mined before the epoch expiration? since this is in the block header, will it fuck up the chain? why didn't anyone think of this when they were putting the protocol together? or are people actively fixing this? is bitcoin as we know it fucked?discuss.

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