Researchers Locate Flaw In Bitcoin Protocol 191
An anonymous reader writes "Researchers at Microsoft Research and Cornell identified a potential flaw in Bitcoin's transaction propagation. In a recent paper they show how miner nodes in the Bitcoin network have an incentive not to relay transactions to the rest of the network, and propose to implement a scheme that rewards nodes [PDF] for relaying messages."
Yes but (Score:4, Funny)
It still sounds like a better system than our current financial institutions.
Re:I'm starting to want to work at Microsoft Resea (Score:5, Funny)
You're the guy that said he worked in marketing yesterday. Why is it that all UIDs over 2,000,000 seem to do marketing for MS?
Re:And what's the Bitcoin Forums response? (Score:5, Funny)
If people stop mining bitcoins now, the people at the top will stop winning, so of course they are going to deny. You know, kind of like global warming
A bad analogy is like a leaky screwdriver and that analogy has covered the floor in so much water that it is like a really tricky crossword puzzle.
Re:All of my mod points will be undone now, but.. (Score:4, Funny)
Re:I'm starting to want to work at Microsoft Resea (Score:3, Funny)
This;
The stability of the current desktop computer market is so important to Microsoft that they will practically never actually innovate. They have an R&D department for two reasons. 1) To keep the ideas away from other companies by patenting them and then not licensing them onward 2) To keep the good people away from other companies by using them to create patents.
The reason not to work for Microsoft R&D is that, whilst you will be comfortable, well fed and well off, you will lead an empty life and they will suck your soul out of you.