ErisDiscordia
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Imposition of ORder = Escalation of Chaos


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February 12, 2014, 11:59:17 AM

The market is reacting VERY maturely to a "major" issue: despite of devs trying to underestimate the transaction malleability thing, the hard cold fact is that this "limitation" is being exploited right now to launch a DoS attack to the network which is slowing down (if not outright halting) the bitcoin economy. I've been sending coins to quite a few services for testing purposes (Bitstamp, Dgex, etc.) and all of my transfer were "mutated" and thus the coins were sent to the correct destination but they weren't credited to the corresponding accounts. Most transactions are delayed and big players such as Bitstamp, Gox or Coinbase are having problems tracking correctly the transactions.

Still BTC is trading well above $600 everywhere but Gox. This is a sign of strength in my book. Be prepared to buy, guys, because the network will come out MUCH stronger after this issue is solved.

Glad to see you posting in this thread, haven't seen you around for a while. I enjoy the insight in your posts.

The bolded part sums up how I feel about this issue. The network is showing its resilience and most involved actors (exchchanges, devs, hodlers) seem to be behaving with calmness and intelligence. I agree that this will make the network stronger once again and I like it!