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Old 2014-02-11, 22:28   #10
ewmayer
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Sep 2002
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Interesting goings-on in Bitcoinlandia:

Another Bitcoin Flash Crash Imminent? Second Major Exchange Follows MtGox In Suspending Withdrawals
Quote:
A “massive and concerted attack” has been launched by a bot system on numerous bitcoin exchanges, Andreas Antonopoulos has revealed.

The chief security officer of Blockchain.info said a DDoS attack is taking Bitcoin’s transaction malleability problem and applying it to many transactions in the network, simultaneously.

“So as transactions are being created, malformed/parallel transactions are also being created so as to create a fog of confusion over the entire network, which then affects almost every single implementation out there,” he added.
One wonders whether the touters of the "stateless" aspect of BTC envisioned the above state-machine interpretation of that term.
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