Thursday, March 16, 2017

BitClub is Accused By Bitcoin Unlimited Supporters In Performing Malleability Attack on Network

BitClub is Accused By Bitcoin Unlimited Supporters In Performing Malleability Attack on Network

BitClub, a Bitcoin mining pool, is accused of launching a transaction malleability attack on the Bitcoin network, the effect of which confuses wallets or businesses with financial transactions getting canceled and bringing a halt to Blockchain.info.

In a post from Bither, a Bitcoin wallet, it shows that the malleability attack transaction is mined in block 456545 and 456552 and that all transactions in this block may be malleability attack transactions.

Malleability is a problem that Bitcoin has dealt with for many years. However, it’s a problem that has yet to be fixed. Some say that given the fact that you need special software to change transactions while still making them valid, makes this attack politically-motivated.

With the nerves of the Bitcoin community tense on the eve of the Bitcoin ETF decision, the public space is ripe with accusations and conspiracy theories.

Full story at http://bit.ly/2mTqDKe

 

 

 

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