{"id":290,"date":"2014-02-11T23:57:00","date_gmt":"2014-02-11T23:57:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/bitcoin-foundation-update-on\/"},"modified":"2014-02-11T23:57:00","modified_gmt":"2014-02-11T23:57:00","slug":"bitcoin-foundation-update-on","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/02\/bitcoin-foundation-update-on.html","title":{"rendered":"Bitcoin Foundation: Update on Transaction Malleability"},"content":{"rendered":"<div class=\"entry\">\n<div>\n<a href=\"http:\/\/www.cryptocoinsnews.com\/wp-content\/uploads\/2013\/09\/bitcoin-foundation.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em; text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"http:\/\/www.cryptocoinsnews.com\/wp-content\/uploads\/2013\/09\/bitcoin-foundation.jpg\" height=\"113\" width=\"200\" \/><\/a><br \/>\n<\/p>\n<div style=\"text-align: justify;\">\n(<a href=\"https:\/\/bitcoinfoundation.org\/blog\/?m=201402\" style=\"font-family: 'Trebuchet MS', sans-serif;\">Bitcoin Foundation<\/a>) You may have noticed that some exchanges have temporarily suspended withdrawals and wondering what\u2019s going on or more importantly, what\u2019s being done about it. You can be rest assured that we have identified the issue and are collectively and collaboratively working on a solution.&nbsp;&nbsp; Somebody (or several somebodies) is taking advantage of the transaction malleability issue and relaying mutated versions of transactions. This is exposing bugs in both the reference implementation and some exchange\u2019s software.&nbsp; We (core dev team, developers at the exchanges, and even big mining pools) are creating workarounds and fixes right now. This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It\u2019s important to note that DoS attacks do not affect people\u2019s bitcoin wallets or funds.&nbsp;&nbsp; Users of the reference implementation who are bitten by this bug may see their bitcoins \u201ctied up\u201d in unconfirmed transactions; we need to update the software to fix that bug, so when they upgrade those coins are returned to the wallet and are available to spend again. Only users who make multiple transactions in a short period of time will be affected.&nbsp; As a result, exchanges are temporarily suspending withdrawals to protect customer funds and prevent funds from being misdirected.<\/div>\n<\/p><\/div>\n<div>\n<p><\/p>\n<div>\n<\/div>\n<p><\/p>\n<div>\n<div style=\"text-align: justify;\">\nFollow <a href=\"https:\/\/twitter.com\/BTCFoundation\" target=\"_blank\">@BTCFoundation<\/a>&nbsp;for update. <\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>(Bitcoin Foundation) You may have noticed that some exchanges have temporarily suspended withdrawals and wondering what\u2019s going on or more importantly, what\u2019s being done about it. You can be rest assured that we have identified the issue and are collectively and collaboratively working on a solution.&nbsp;&nbsp; Somebody (or several somebodies) is taking advantage of the [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,81,468,655],"tags":[770,1126,1306],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Foundation: Update on Transaction Malleability -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2014\/02\/bitcoin-foundation-update-on.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Foundation: Update on Transaction Malleability\" \/>\n<meta property=\"og:description\" content=\"(Bitcoin Foundation) You may have noticed that some exchanges have temporarily suspended withdrawals and wondering what\u2019s going on or more importantly, what\u2019s being done about it. 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