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by ianso 4631 days ago
>>Bitcoin is, by design, highly vulnerable to network analysis.

>By design as in, that's the only way the network could conceivably work.

This network, yes. But you can construct truly anonymous cryptocurrencies with e.g. zero-knowledge proofs, yet the author(s) chose not to. This would have enabled AP, maybe answering PGs question in point #2 of his post (https://news.ycombinator.com/item?id=5547423).

I didn't know the original code was that buggy, I confess I was lulled a bit by the line "This was the only major security flaw found and exploited in Bitcoin's history" in the wiki article. Maybe it needs changing in the light of https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposu... :-)

1 comments

I don't think any of them ever got a CVE to be quite honest. There's a few that come to mind, my favourite being an integer overflow that lead to the creation of billions of Bitcoin in a single transaction.

Here's the thread for that bug: https://bitcointalk.org/index.php?topic=823.0