101–110 of 555 posts
For anyone still drinking the "Bitcoin is frictionless" kool-aid, this hasn't been a good week.
for anyone who sees bitcoin as a 'wild west' environment, this sort of thing is obvious and just moves the bitcoin economy forward. problems found now are fixed, and won't be as big of a deal later.
Contrary to popular(?) opinion, there is such a thing as bad publicity. At least when you're selling a get rich quick scheme.
For anyone still drinking the "Bitcoin is frictionless" kool-aid, this hasn't been a good week.
SO, I am completely ignorant on exactly how bitcoin works; but how the hell is it not possible to secure a bitcoin one owns.
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They wanted to exit the business from the start. Saw a convenient time with everyone discussing a vulnerability, claim right away that vulnerability was used to steal all the money to avoid backlash from users.
Why would you care about backlash from users? It's Tor. You can just disappear forever.
It just makes sense for them to mitigate risk and having a plausible "hey this recent vulnerability killed us, sorry, go read about in the news, it is bad..." excuse perhaps does that.
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There is a huge moral difference between the sort of victimless-crime-contraband that is on SR (especially since SR1 at least, not sure about SR2, actively filtered out child porn, weapons, assassinations and all of the other truly scary things that you can potentially sell on an anonymous market), and stealing millions of dollars from people at least a few of whom are dependent on substances and desperately need the…
LOL @ "victimless-crime-contraband." What a joke. Where do you think the majority of drugs come from? Some hippie's backyard? See the world's stop producers of drugs and you'll find violent, broken countries many of whom are run by drug cartels.
For anyone still drinking the "Bitcoin is frictionless" kool-aid, this hasn't been a good week.
for anyone who sees bitcoin as a 'wild west' environment, this sort of thing is obvious and just moves the bitcoin economy forward. problems found now are fixed, and won't be as big of a deal later.
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The fact that they would be cutting their own revenue stream? I'm not saying its not possible but really this is just speculation. I could just as easily surmise that it was from a government or banks who feel threatened by bitcoin...
With any other business I would agree, but a $90k+ payout would probably be very attractive for someone running a clone of a drug site that got publicly busted just months before. I would imagine these guys have a countdown to when they get arrested ticking in their heads...
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I thought the 'malleability' problem only resulted in miners being DDOS'd. The transactions themselves were supposedly still 'intact' - i.e., inputs, outputs, addresses were not modified. So.... what are SR2 saying happened here? - Is it a double spend using SR2 escrow bitcoins? - How was the malleability introduced?
There are two potential issues with the malleability. One is the MtGox problem where you might not realize a transaction was successful and you are duped into sending the money twice. The second issue is a bug that was discovered in the reference client where if you try to spend coins you sent to yourself before they are confirmed a bug in the wallet causes your balance to be off. Neither problem inherently allows th…
This isn't really a malleability issue however. Lets say it wasn't successful: You send again. Opps, someone pulls the original out of a hat and both go through.
The only way to safely reissue is to double spend the original transaction. Then you get atomic exclusion, and it's completely safe: only one can possibly get into the longest chain. This safety still applies if there is mutation going on.
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It's entirely possible to be in support of a free and peaceful drug trade, while at the same time being morally against theft. I don't know why you're lumping the two.
Conflating law with ethics. Becoming more prevalent as the number of laws increase. I can't back it up with science (someone know of any research?), but it sure seems to be a trend when you compare among countries in various stages.