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T1: Bitstamp Halts Withdrawals
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Topic: T1: Bitstamp Halts Withdrawals (Read 591 times)
ducatitalia
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T1: Bitstamp Halts Withdrawals
February 11, 2014, 08:34:05 PM
#1
http://techcrunch.com/2014/02/11/bitcoin-exchange-bitstamp-halts-withdrawals-citing-denial-of-service-attack/
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Re: T1: Bitstamp Halts Withdrawals
February 11, 2014, 08:40:02 PM
#2
I actually think it is a good idea. With BTC being worth so much money we might really want to consider some additional protections to stop thieves.
It would be great to have an option in your account to actually freeze withdrawals unless you give them some advanced warning and response via an SMS sent to you
plus 2FA to make sure we keep out the bad guys.
Let's also not lose sight of the fact that banks, governments, intelligence agencies, etc. would attack BTC in a variety
of clandestine ways, in order to try to stop it SHOULD they see it as a threat. We are talking about potential financial disruption here.
IAS
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BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Re: T1: Bitstamp Halts Withdrawals
February 11, 2014, 08:50:57 PM
#3
Hmm... Hm... Hm... From Bitstamp message:
Currently it has
suspended processing Bitcoin withdrawals
due to inconsistent results reported by our bitcoind wallet, caused by a denial-of-service attack using
transaction malleability to temporarily disrupt balance checking
.
Well isnt it the same thing as it was with the MtGox issue and didnt all the "genial" people here wrote that this problem is connected solely with the MtGox own and screwed implementation, that means it should have been only an internal problem for MtGox? And now similiar (?) situation arrised by BitStamp...? So...? Bitstamp had the same wrong internal implementation of something? Can someone explain...
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