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Updated: 1 min 33 sec ago

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper at the arXiv (abstract below) by Christian Decker and Roger Wattenhofer analyzing a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper Arxiv (abstract below) by Christian Decker and Roger Wattenhofer analyse a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... . In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

MtGox's "Transaction Malleability" Claim Dismissed By Researchers

Wed, 04/09/2014 - 10:09
Martin S. (98249) writes "The Register reports on a paper Arxiv (abstract below) by Christian Decker and Roger Wattenhofer analyse a year's worth of Bitcoin activity to reach the conclusion that MtGox's claims of losing their bitcoins because of the transaction malleability bug are untrue. The Abstract claims: 'In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. ... . In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.'" Quoting El Reg: "By extracting transaction keys from the transaction set, the researchers say, they were able to identify more than 35,000 transaction conflicts and more than 29,000 “confirmed attacks” covering more than 300,000 Bitcoins." And less than 6000 were actually successful.

Read more of this story at Slashdot.








Categories: IT News

Australia Declares Homeopathy Nonsense, Urges Doctors to Inform Patients

Wed, 04/09/2014 - 09:28
jones_supa (887896) writes "Homeopathy is a 200-year-old form of alternative medicine based on the principle that substances that produce symptoms in a healthy person can be used to treat similar symptoms in a sick person. The National Health and Medical Research Council of Australia has officially declared that homeopathic remedies are useless for human health. The body today released a guide for doctors (PDF) on how to talk to their patients about the lack of evidence for many such therapies. Doctors will also be told to warn patients of possible interactions between alternative and conventional medicines. On top of that, the council has produced a 300-page draft report that reviews the evidence for homoeopathy in treating 68 clinical conditions. It concludes 'there is no reliable evidence that homoeopathy is effective for treating health conditions'. Representing the opposite viewpoint, Australian Homeopathic Association spokesman Greg Cope said he was disappointed at the narrow evidence relied on by the NHMRC in its report. 'What they have looked at is systematic trials for named conditions when that is not how homeopathy works,' he said. Homeopathy worked on the principle of improving a person's overall health and wellness, and research such as a seven-year study conducted in Switzerland was a better measure of its usefulness, he added. There are about 10,000 complementary medicine products sold in Australia but most consumers are unaware they are not evaluated by the domestic medicines safety watchdog before they are allowed on the market."

Read more of this story at Slashdot.








Categories: IT News

Australia Declares Homeopathy Nonsense, Urges Doctors to Inform Patients

Wed, 04/09/2014 - 09:28
jones_supa (887896) writes "Homeopathy is a 200-year-old form of alternative medicine based on the principle that substances that produce symptoms in a healthy person can be used to treat similar symptoms in a sick person. The National Health and Medical Research Council of Australia has officially declared that homeopathic remedies are useless for human health. The body today released a guide for doctors (PDF) on how to talk to their patients about the lack of evidence for many such therapies. Doctors will also be told to warn patients of possible interactions between alternative and conventional medicines. On top of that, the council has produced a 300-page draft report that reviews the evidence for homoeopathy in treating 68 clinical conditions. It concludes 'there is no reliable evidence that homoeopathy is effective for treating health conditions'. Representing the opposite viewpoint, Australian Homeopathic Association spokesman Greg Cope said he was disappointed at the narrow evidence relied on by the NHMRC in its report. 'What they have looked at is systematic trials for named conditions when that is not how homeopathy works,' he said. Homeopathy worked on the principle of improving a person's overall health and wellness, and research such as a seven-year study conducted in Switzerland was a better measure of its usefulness, he added. There are about 10,000 complementary medicine products sold in Australia but most consumers are unaware they are not evaluated by the domestic medicines safety watchdog before they are allowed on the market."

Read more of this story at Slashdot.








Categories: IT News

Australia Declares Homeopathy Nonsense, Urges Doctors to Inform Patients

Wed, 04/09/2014 - 09:28
jones_supa (887896) writes "Homeopathy is a 200-year-old form of alternative medicine based on the principle that substances that produce symptoms in a healthy person can be used to treat similar symptoms in a sick person. The National Health and Medical Research Council of Australia has officially declared that homeopathic remedies are useless for human health. The body today released a guide for doctors (PDF) on how to talk to their patients about the lack of evidence for many such therapies. Doctors will also be told to warn patients of possible interactions between alternative and conventional medicines. On top of that, the council has produced a 300-page draft report that reviews the evidence for homoeopathy in treating 68 clinical conditions. It concludes 'there is no reliable evidence that homoeopathy is effective for treating health conditions'. Representing the opposite viewpoint, Australian Homeopathic Association spokesman Greg Cope said he was disappointed at the narrow evidence relied on by the NHMRC in its report. 'What they have looked at is systematic trials for named conditions when that is not how homeopathy works,' he said. Homeopathy worked on the principle of improving a person's overall health and wellness, and research such as a seven-year study conducted in Switzerland was a better measure of its usefulness, he added. There are about 10,000 complementary medicine products sold in Australia but most consumers are unaware they are not evaluated by the domestic medicines safety watchdog before they are allowed on the market."

Read more of this story at Slashdot.








Categories: IT News

Australia Declares Homeopathy Nonsense, Urges Doctors to Inform Patients

Wed, 04/09/2014 - 09:28
jones_supa (887896) writes "Homeopathy is a 200-year-old form of alternative medicine based on the principle that substances that produce symptoms in a healthy person can be used to treat similar symptoms in a sick person. The National Health and Medical Research Council of Australia has officially declared that homeopathic remedies are useless for human health. The body today released a guide for doctors (PDF) on how to talk to their patients about the lack of evidence for many such therapies. Doctors will also be told to warn patients of possible interactions between alternative and conventional medicines. On top of that, the council has produced a 300-page draft report that reviews the evidence for homoeopathy in treating 68 clinical conditions. It concludes 'there is no reliable evidence that homoeopathy is effective for treating health conditions'. Representing the opposite viewpoint, Australian Homeopathic Association spokesman Greg Cope said he was disappointed at the narrow evidence relied on by the NHMRC in its report. 'What they have looked at is systematic trials for named conditions when that is not how homeopathy works,' he said. Homeopathy worked on the principle of improving a person's overall health and wellness, and research such as a seven-year study conducted in Switzerland was a better measure of its usefulness, he added. There are about 10,000 complementary medicine products sold in Australia but most consumers are unaware they are not evaluated by the domestic medicines safety watchdog before they are allowed on the market."

Read more of this story at Slashdot.








Categories: IT News