Earlier this week, as CCN reported, a bug in the Parity software of Ethereum was discovered, effectively freezing hundreds of millions of dollars in Ether as a consequence. Initially, many speculative reports were made on social media, to which the Parity development team responded: “Update: To the best of our knowledge the funds are frozen & can't be moved anywhere. The total ETH circulating...
Almost 600 Bitcoin Unlimited (BU) nodes came down crashing yesterday, falling from around 720 to 180. They have now slightly recovered to 458, with mining nodes apparently unaffected as BU’s hashrate share continues to be at around 41%. Andrew Clifford, President of the Bitcoin Unlimited foundation, publicly stated: Unfortunately, running with full blocks and a massively bloated mempool is the...
Bitcoin Unlimited (BU), which has been touted as being the fix to Bitcoin’s blockchain transaction backlog, has suffered a blow after attackers unleashed a new bug that crashed the system. Just recently, BU was reported to have garnered around 40 percent support over a 24-hour period from the Bitcoin community. While miners such as Antpool, Bitcoin’s biggest mining pool, announced that it was...
Editor's Note: The article has been amended to remove references to Bitcoin Core contributor Eric Lombrozo, who has confirmed to CCN that he is not related to ‘ciphera‘, as reported erroneously at the time of publishing. The empire strikes back. As the people rise and gain the majority of miners who have decided, Bitcoin Core developers have gone on the attack. A bug on the overlay xThin client...
Haipo Yang, ViaBTC’s founder and former employee at the Chinese internet giant Tencent, expressed strong criticism in a brief interview with CCN towards Luke-Jr, a Bitcoin Core developer and Blockstream contractor, regarding his proposal to reduce the blocksize to 300kb or, alternatively, for the network to wait another 7 years before an increase of the current 1MB transaction capacity. Yang...
Just after Zcash launched, the anonymous new digital currency that has taken the crypto world by storm, a bug was found that apparently prevents private transactions from being mined. Zcash’s official website states: “There is one known bug, which causes private transactions (those in which all of the inputs and outputs are shielded addresses) to not get mined. We're going to release v1.0...
Ethereum itself seems to be flawed according to the latest developments on the DAO Hack. Philip Daian, a researcher at Cornell University’s Initiative for Crytocurrencies & Contracts, just presented his latest findings on the hack, concluding: I would lay at least 50% of the blame for this exploit squarely at the feet of the design of the Solidity language. This may bolster the case for...
Bitcoin Address Blacklists have been found in the Gentoo Linux bitcoind 0.9.3 distribution. The patch was deployed by Bitcoin developer Luke Dashjr (aka Luke-Jr), who maintains the Gentoo distribution. A bug report was posted to Gentoo's bug repository: net-p2p/bitcoind and net-p2p/bitcoin-qt enables ljr use flag by default, breaks bitcoin The official bitcoind and bitcoin-qt in Gentoo enables...