Questions tagged [assume-valid]

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7
votes
1answer
602 views

What are the trust assumptions in --assumed-valid in bitcoin core 0.14?

Please help me understand and distinguish the trust assumptions in the following three cases shown below. Specifically, please elaborate the attacks possible (even though completely theoretical) and ...
4
votes
1answer
594 views

If I set assumevalid=0 after syncing the blockchain will Bitcoin Core go back and validate historical blocks?

I originally synced my node using the Bitcoin Core default assumevalid value. If I set -assumevalid=0 in bitcoin.conf and restart my node, will my node go back and validate historical blocks?
4
votes
2answers
435 views

Does assumevalid lower the security of Bitcoin?

Bitcoin's assumption was to download the blocks and verify it in order to prevent getting fooled. But by default, the assumevalid option is enabled in the software, which, as I understand it, makes ...
0
votes
2answers
84 views

How does a node find the active chain?

Let's say a user joins the Bitcoin network and downloads the latest state of the blockchain (all blocks, which includes the forks/uncles). How does this user find/determine the active blockchain on ...