Author: Milly Bitcoin 2015-07-15 19:57:27
Published on: 2015-07-15T19:57:27+00:00
The actions taken by Chainalysis were referred to as a sybil attack, however, multiple Bitcoin developers including Gregory Maxwell, Wladimir van der Laan, and the author of the statement refute this claim. They argue that these individuals are not security experts and simply because they are experts in Bitcoin development, does not make them experts in other areas. This is why many Bitcoin companies have been hacked due to their lack of expertise in systematic risk and threat analysis. Furthermore, an "attack" according to ISO/IEC 27000 "is any attempt to destroy, expose, alter, disable, steal or gain unauthorized access to or make unauthorized use of an asset." The situation with Chainalysis providing a service does not constitute an attack but rather a service within the rules set forth in the software. Similarly, Satoshi Dice is also not spam but another service provided within the rules of the software. Those who claim otherwise either spend too much time on Reddit or have an ulterior motive. These baseless accusations and arguments waste an inordinate amount of time.
Updated on: 2023-06-10T02:43:56.742665+00:00