• 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.

Other news

Vietnam's Ecommerce Sector Shows Strong Optimism Amid Regulatory Challenges

chest

Vietnam's ecommerce sector shows strong growth potential despite regulatory challenges, with 85% of experts optimistic about overcoming hurdles.

user avatarAndrew Smith

WEMIX PLAY Unveils Partner's Server for Legend of YMIR

chest

WEMIX PLAY has announced the launch of the Partner's Server, a groundbreaking system that allows players to create and manage their own unique servers in the game Legend of YMIR.

user avatarJacob Williams

MAGACOIN FINANCE Emerges as a Stable Altcoin Amid Market Volatility

chest

MAGACOIN FINANCE has shown remarkable stability during market selloffs, attracting attention as a safe haven altcoin.

user avatarZainab Kamara

Avalanche (AVAX) Shows Signs of Recovery After Market Shakeout

chest

Avalanche has begun to show signs of recovery after a sharp shakeout, currently trading near 22, with analysts tracking a possible rebound toward 47.

user avatarSon Min-ho

Prior YouTube Hacks Targeted Crypto Investors

chest

Large-scale YouTube hacks targeting crypto enthusiasts have consistently promoted scam tokens through compromised accounts.

user avatarAyman Ben Youssef

Community Concerns Over Security Breaches Following Dota 2 Hack

chest

Community concerns over security breaches following Dota 2 hack raised user security issues, emphasizing the need for enhanced security measures.

user avatarTando Nkube

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.