• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The Bitcoin Core developer suggested the possibility of the disappearance of Ordinals

The Bitcoin Core developer suggested the possibility of the disappearance of Ordinals

user avatar

by Max Nevskyi

2 years ago


Luke Dashjr, one of the Bitcoin Core developers, expressed concern about a vulnerability in the Bitcoin blockchain, which he believes could be used for spam distributions. He noted that this issue was resolved in Bitcoin Knots version v25.1, but warned that the vulnerability still exists in the upcoming v26 update. Dashjr expressed hope that it would be fixed before the next Bitcoin Core version is released in 2024.

"Ordinals" exploit a vulnerability in Bitcoin Core for spamming the blockchain. Since 2013, Bitcoin Core has allowed users to set a limit on the size of additional data in transactions they transmit or mine. By hiding their data under program code, "Ordinals" circumvent this restriction, Dashjr said.

During the discussion, a user asked about the impact of fixing the vulnerability on the existence of Ordinals and the BRC-20 standard. Dashjr confirmed that after the vulnerability is addressed, these elements will cease to function. He critically spoke about Ordinals, calling them an attack on Bitcoin and a deception, as they were never officially approved.

Earlier in May, members of the Bitcoin Core team, including Ali Sherif and Luke Dashjr, proposed implementing mechanisms for filtering spam in Taproot transactions. This was aimed at blocking Ordinals and tokens based on the BRC-20 standard.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SpaceX Acquires xAI to Tackle AI Power Challenges

chest

SpaceX has acquired xAI, merging rocket launch services with AI development to tackle the limitations of Earth-based infrastructure.

user avatarDiego Alvarez

Starlink Revenue Expected to Fund xAI's Operations After Merger

chest

Starlink revenue is expected to support xAI's operations after its acquisition by SpaceX.

user avatarKenji Takahashi

BlockDAG Launch Dashboard Set to Go Live on February 2

chest

BlockDAG will launch a new dashboard on February 2, providing users with a fully integrated system for managing their investments and preparing for exchange access.

user avatarMaria Fernandez

Referral Strategies Become Key to Success in ZKP Auction Stage 2

chest

Referral strategies are crucial for success in the ZKP presale auction Stage 2 as token availability tightens.

user avatarRajesh Kumar

Stage 2 of ZKP Presale Auction Heightens Competition with Scarcity

chest

Stage 2 of the ZKP presale auction reduces daily token allocation, intensifying competition and emphasizing referral strategies.

user avatarLuis Flores

SPX6900 and Brett Gain Traction in the Meme Coin Market

chest

SPX6900 and Brett are gaining traction in the meme coin market with increased trading activity and community support.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.