Bitcoin Market

Buy and sell bitcoins online - Quick and safe

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Routing issue

It is reported that pages are timing out from the United Kingdom. Calling hosting company to get it sorted out. The server is functioning properly otherwise, so this is most certainly a routing/network issue.

Update: server hosting company said ~15 more minutes til everything is back to normal (the site is working in the meantime, but short outages may be possible during the next 15 minutes - 02:20pm, 20/April/2014).

Filed under downtime routing problem

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Maintenance

We’ll be doing a bit of maintenance this weekend. Trading and withdrawals will stop for about an hour (or less) at night.

UPDATE: re-scheduled for later due to technical reasons (random ext4 corruption on the temp server - will buy the new server first and move it there directly).

Filed under BitBargain server maintenance

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Bitcoin malleability issue

Last Friday, Mt.Gox halted all withdrawals. On Monday, they posted this:

https://www.mtgox.com/press_release_20140210.html

A bug in the bitcoin software makes it possible for someone to use the Bitcoin network to alter transaction details to make it seem like a sending of bitcoins to a bitcoin wallet did not occur when in fact it did occur. Since the transaction appears as if it has not proceeded correctly, the bitcoins may be resent. MtGox is working with the Bitcoin core development team and others to mitigate this issue.

At that point, the Bitcoin Foundation defended bitcoin saying the reference client doesn’t have issues. My personal opinion was also that Mt.Gox got caught out because of relying on their own bitcoin implementation instead of using the reference client (scaling is a different matter of course).

It turns out that this issue is indeed affecting everyone. Mt.Gox and BTC-e have disabled withdrawals, Bitstamp is considering it, Localbitcoins is considering it, Bittylicious is considering it. We are in contact with each other as well as the developers of Bitcoin.

I will now give you examples of how this issue is affecting the reference Bitcoin client, and in turn BitBargain itself.

Read more …

Filed under bitcoin bitcoins problem bitcoind dev getbalance accounting withdrawal BTC-e Localbitcoins Mt.Gox