• 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

Bitcoin Mining Difficulty Expected to Drop by 29% This Friday

chest

Bitcoin mining Difficulty is expected to drop by 29% this Friday, allowing miners to return to a standard pace of 10 minutes per block.

user avatarLucas Weissmann

Bear Market Persists Despite Bitcoin's Growth Signals

chest

Despite signs of growth in the Bitcoin market, experts warn that the bear market phase is not yet over.

user avatarFilippo Romano

Speculations Rise on XRP Integration with SWIFT

chest

Crypto expert SMQKE raises speculations about XRP's potential integration with SWIFT for payments, highlighting its compatibility with ISO 20022 standards.

user avatarTomas Novak

Xs Launches New Cashtags Feature for Crypto Assets

chest

Xs has introduced a new cashtags feature for XRP and other crypto assets to enhance visibility and trading access on its platform.

user avatarEmily Carter

Ethereum Faces Critical Resistance Near $2,400 Amidst Increased Buying Pressure

chest

Ethereum is testing resistance just below $2,400, with increased buying interest despite a significant price decline.

user avatarKaterina Papadopoulou

Ripple Payments Set to Support G20's 2030 Domestic Payment Standards

chest

Ripple Payments is recognized as a technology supporting the G20's 2030 domestic payment standards, aiming for efficient and cost-effective cross-border transactions.

user avatarMaya Lundqvist

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.