Contrary to Mt. Gox’s Statement, Bitcoin is not at fault

The issues that Mt. Gox has been experiencing are due to an unfortunate interaction between Mt. Gox’s implementation of their highly customized wallet software, their customer support procedures, and their unpreparedness for transaction malleability, a technical detail that allows changes to the way transactions are identified. Transaction malleability has been known about since 2011. In […]

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