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Researchers Locate Flaw In Bitcoin Protocol

Posted by Unknown on from the path-of-least-information dept.

An anonymous reader writes "Researchers at Microsoft Research and Cornell identified a potential flaw in Bitcoin's transaction propagation. In a recent paper they show how miner nodes in the Bitcoin network have an incentive not to relay transactions to the rest of the network, and propose to implement a scheme that rewards nodes [PDF] for relaying messages."

3 of 191 comments (clear)

  1. Yes but by koan · · Score: 4, Funny

    It still sounds like a better system than our current financial institutions.

    --
    "If any question why we died, Tell them because our fathers lied."
  2. Re:I'm starting to want to work at Microsoft Resea by somersault · · Score: 5, Funny

    You're the guy that said he worked in marketing yesterday. Why is it that all UIDs over 2,000,000 seem to do marketing for MS?

    --
    which is totally what she said
  3. Re:And what's the Bitcoin Forums response? by serviscope_minor · · Score: 5, Funny

    If people stop mining bitcoins now, the people at the top will stop winning, so of course they are going to deny. You know, kind of like global warming

    A bad analogy is like a leaky screwdriver and that analogy has covered the floor in so much water that it is like a really tricky crossword puzzle.

    --
    SJW n. One who posts facts.