Question

How does the concept of "transaction malleability" affect the security and reliability of Bitcoin transactions?

Answer 1

Transaction malleability in Bitcoin refers to the ability of someone to change the unique ID of a transaction before it is confirmed in a block. This can cause issues with tracking transactions accurately and can potentially lead to double-spending attacks. While transaction malleability doesn't directly compromise the security of Bitcoin itself, it can impact the reliability_

Answer 2

Transaction malleability is a potential issue in Bitcoin where the unique identifier of a transaction can be changed before it is confirmed on the blockchain. This can lead to challenges in tracking transactions accurately and can potentially cause delays or confusion in the network. While it can create some vulnerabilities, developers have been working on solutions to mitigate its impact on the security and reliability of Bitcoin transactions.