Tuesday, February 11, 2014

Exchange Glitch Unsettles Bitcoin World - WSJ.com

A "transaction malleability" "quirk"

"In an interview Monday, said Gavin Andresen, chief scientist at the Bitcoin Foundation, "Other exchanges may or may not have an issue. I hope that Mt. Gox is the only exchange that falls into this." Mr. Andresen played down how widespread the fallout may be from Mt Gox's issue. "Basically, we think they are overstating it a bit," said Mr. Andresen. "It is really an unfortunate interaction between what is arguably a flaw in the protocol—I would could it a quirk, not a flaw—and Mt. Gox's [digital] wallet and their customer support procedures.""
Exchange Glitch Unsettles Bitcoin World - WSJ.com

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