MtGox support again soon transfers




Bitcoin exchange MtGox wants overwriting Bitcoins to other addresses will soon make possible again. Due to a bug in MtGox ‘implementation of the Bitcoin protocol transfers of Bitcoins were temporarily not possible, so the rate at MtGox went into a free fall.

Bitcoin Performing Bitcoin payments on MtGox other Bitcoin addresses has been around since February 7 no longer possible, but must be changed soon, according to a statement from MtGox. In the beginning it will be a limited number of transfers per day to avoid problems. Before transfers are allowed again MtGox indexes first restart the entire Bitcoin block chain: all Bitcoin transactions ever conducted.

The bug where MtGox bothered them is in its implementation of the Bitcoin protocol. Transaction silly ability allows a third party matches the hash of a new transaction without the signature is invalid. If the abuser is fast, his version of the two transactions can be validated. For providers of wallets and purses will appear if the transaction is not carried out, because it does not appear in the block chain with the original hash. Users can abuse the spoof of the transaction IDs with wrongful transactions. Nevertheless, it is a denial of service at the greatest risk of the problem in MtGox ‘implementation of the protocol.

In: Technology & Gadgets Asked By: [18460 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »

Star Points Scale

Earn points for Asking and Answering Questions!

Grey Sta Levelr [1 - 25 Grey Star Level]
Green Star Level [26 - 50 Green Star Level]
Blue Star Level [51 - 500 Blue Star Level]
Orange Star Level [501 - 5000 Orange Star Level]
Red Star Level [5001 - 25000 Red Star Level]
Black Star Level [25001+ Black Star Level]