Post
Topic
Board Bitcoin Discussion
Re: I have to disagree with Gavin .... transaction mutability is a problem
by
Lauda
on 12/02/2014, 00:16:33 UTC
At first I was pretty scared about this, thinking it affected the entire network, but now that I think I understand it it's not as bad.


Here's my understanding-- its basically like a 51% attack, but its not a 51% attack its just 1 transaction they are trying to change and they are trying to spread that to dominate the network as quick as possible.

So who loses? Whoever is the victim of that 1 transaction for the most part-- and the clear target would be the exchanges.

The DDos attacks almost seem like a distraction, or a synergistic attack - but the maleability issue seems to come from an intention to steal coins transaction by transaction.

You guys agree or what?
Like a 51% attack? No. A 51% attack enables you to double spend and take control, this shouldn't. It's kind of like spamming the network, or you could call it DDoS.