• 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

PEPE Coin Enters Deeper Corrective Phase Following Significant Selloff

chest

PEPE has entered a deeper corrective phase following a significant selloff, experiencing a 48% decline in value and trading around its yearly low.

user avatarLi Weicheng

Nevada Takes Legal Action Against Coinbase Over Event Contracts

chest

The Nevada Gaming Control Board has filed a lawsuit against Coinbase for offering event contracts that resemble unlicensed sports betting.

user avatarAisha Farooq

OpenAI's Sam Altman Critiques Anthropic's Super Bowl Ads

chest

OpenAI CEO Sam Altman critiques Anthropic's Super Bowl ads, praising their humor but calling them dishonest, highlighting the rivalry between the two AI companies.

user avatarTenzin Dorje

Anthropic Takes Aim at OpenAI with Super Bowl Ads

chest

Anthropic launches its first Super Bowl ad campaign targeting OpenAI's decision to include ads in ChatGPT, highlighting potential disruptions to user interactions.

user avatarBayarjavkhlan Ganbaatar

Increased Social Media Interest in Ethereum Amid Market Fluctuations

chest

Ethereum is seeing heightened interest on social media due to its price movements and investment strategies.

user avatarElias Mukuru

Leaked Emails Show Bill Gates Foundation Evaluating Ripple's Technology

chest

Leaked emails from the Bill Gates Foundation reveal early assessments of Ripple and Stellar compared to the Mojaloop payment platform.

user avatarMohamed Farouk

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.