Post
Topic
Board Bitcoin Discussion
Re: Explain the gox transaction malleability issue like you are five
by
justusranvier
on 11/02/2014, 18:13:16 UTC
3. it seems like the gox omnibus acct should net out even at the end of the day.  double deliveries would raise red flags (one would think) when all has been netted

You assume MtGox is doing daily reconciliation.
Even daily reconciliation isn't really good enough. It's the 21st century - why shouldn't these kinds of services be expected to reconcile with each new block?