Thank you very much for your fair response, Sir; this means that anytime a bug is found in Bitcoin protocol, chances are that it would take a lot more time to get fixed 2013/11/5 Jeff Garzik > On Tue, Nov 5, 2013 at 1:07 PM, Alessandro Parisi > wrote: > > I agree with Ittay: when bugs are found, they must be fixed ASAP, > expecially > > when they affect a sensitive sw such as Bitcon; in IT security, every > flaw > > that is exploitable in abstract, is going to be exploited in real, > sooner or > > later, also taking into account the increasing parallel computing power; > > beware of false sense of security > > That is quite ignorant. Bitcoin is far more complex than standard IT > security "fix ASAP" mantra. Distributed consensus is a new field of > computer science, and blindly applying standard logic to bitcoin will > quickly result in large problems. > > Every fix has the chance of changing the game theory or economics of > bitcoin. A change to the core consensus protocol within bitcoin -- > mining -- is even more game-theory- and economically-critical to the > core system. Changes thus have more impact, where any change > potentially reduces bitcoin's value to zero in the worst case. > > Bitcoin is akin to medical device or avionics software. We cannot > just change at will, without significant research, analysis and > testing. "It is a bug, it must be fixed ASAP" is ignorant and > dangerous. > > Further, this is at present a THEORETICAL problem, and the solution > presented has some obvious flaws, that would make our current, WORKING > SYSTEM more fragile, and less secure. > > -- > Jeff Garzik > Senior Software Engineer and open source evangelist > BitPay, Inc. https://bitpay.com/ >