|
Title: Update on Transaction Malleability - Bitcoin Foundation Post by: PatMan on February 12, 2014, 01:13:28 AM Just for the record......
https://bitcoinfoundation.org/blog/?p=422 ;D Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: danieldaniel on February 12, 2014, 01:20:33 AM Just for the record...... It's definitely good that they're working on this issue. It's scary that this problem has been known about for over a year, though... I wonder how many exchanges have been exploited and haven't noticed. https://bitcoinfoundation.org/blog/?p=422 ;D Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: PatMan on February 12, 2014, 01:28:37 AM I believe it's all part of the development process TBH, I'm sure there are a lot more bugs that we don't know about yet too - & when they become an issue they too will be dealt with. This is the norm for new tech, and remember, Bitcoin is still in beta stage, meaning it is still (and constantly) being developed & improved.
Sure, the press & money institutions will jump all over it - that's because they don't understand the process......but we do.....don't we? Panic over. Stay calm & keep mining ;D Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: bryant.coleman on February 12, 2014, 02:45:59 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: Barek on February 12, 2014, 03:50:01 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Have you looked at the exchange rate? Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: BitcoinTate on February 12, 2014, 04:18:03 AM Just for the record...... It's definitely good that they're working on this issue. It's scary that this problem has been known about for over a year, though... I wonder how many exchanges have been exploited and haven't noticed. https://bitcoinfoundation.org/blog/?p=422 ;D Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: bryant.coleman on February 12, 2014, 04:39:47 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Have you looked at the exchange rate? Hmm... true.... these people might be gaining temporarily from the volatility. But their gains will be of no use, if merchants dump BTC for the same reason. Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: cryptoanarchist on February 12, 2014, 05:31:49 AM Just for the record...... It's definitely good that they're working on this issue. It's scary that this problem has been known about for over a year, though... I wonder how many exchanges have been exploited and haven't noticed. https://bitcoinfoundation.org/blog/?p=422 ;D It's not..its only an issue with exchanges having to update their wallet software. Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: notthematrix on February 12, 2014, 05:52:11 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Well who is gaining govnments who hate bitcoin???? This and some very biaed press looks like an attack , and yes it will fail. Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: notthematrix on February 12, 2014, 05:54:48 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Well who is gaining govnments who hate bitcoin???? they can not openly attack it. This and some very biaed press looks like an attack , and yes it will fail. Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: DeathAndTaxes on February 12, 2014, 05:58:36 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Not everything is for direct profit. Why do hackers DDOS charities? What is the point in that? Why do people spend countless hours ruining the work of others on wikipedia with stealth edits? Why do players grief other players in online games even to the point that it starts demanding a significant amount of their time? Maybe the intent is just to cause as much chaos, bad press, and confusion in the Bitcoin space, or maybe it is just some ass who is bored and likes screwing around with people. Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: sid280 on February 12, 2014, 06:05:43 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Not everything is for direct profit. Why no hackers DDOS charities? Why do players grief other players in online games? Maybe the intent is just to cause as much chaos, bad press, and confusion in the Bitcoin space, or maybe it is just some ass who is bored and likely screwing around with people. .....or maybe its the government and banks *slips on tin foil hat* Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: medicine on February 12, 2014, 01:23:05 PM Fix the title to meet press forum standards please.
Title: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: vleroybrown on February 13, 2014, 10:16:38 PM So this means that MtGox are only as full of shit as they were before all these BTC withdrawal problems, and no more? ;) reverse touche lolTitle: Re: Update on Transaction Malleability - Bitcoin Foundation Post by: prophetx on February 14, 2014, 02:56:11 AM Quote This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds. If no one is gaining anything, then why are they doing this? Not everything is for direct profit. Why do hackers DDOS charities? What is the point in that? Why do people spend countless hours ruining the work of others on wikipedia with stealth edits? Why do players grief other players in online games even to the point that it starts demanding a significant amount of their time? Maybe the intent is just to cause as much chaos, bad press, and confusion in the Bitcoin space, or maybe it is just some ass who is bored and likes screwing around with people. they are doing it for the lulz |