Developer Says Ordinals Are Exploiting a “Vulnerability” to Spam Bitcoin Network, Proposes Bug Fix

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By BitcoinWiki News



Summary

Bitcoin Core developer Luke Dashjr has proposed a bug fix to address the network congestion caused by new Ordinals and BRC-20 tokens. These tokens are exploiting a vulnerability in the Bitcoin Core code, spamming the blockchain, and increasing transaction costs. The bug has been fixed in the latest update to Bitcoin Knots, rendering Ordinals and BRC-20 tokens no longer viable.

Article Content

Luke Dashjr, a Bitcoin Core developer, has identified a vulnerability in the Bitcoin Core code that allows Ordinals and BRC-20 tokens to spam the blockchain, resulting in increased network congestion and transaction costs. The bug has been addressed in the latest update to Bitcoin Knots, and existing inscriptions will remain intact. Dashjr remains critical of Ordinals and emphasizes the damage caused to Bitcoin and its users. The influx of inscriptions and BRC-20 tokens has led to heightened network congestion and rising transaction costs.

Thought-Provoking Questions or Insights

Impact of the Bug Fix

How will the bug fix in Bitcoin Knots affect the future of Ordinals and BRC-20 tokens? What are the potential implications for the Bitcoin network and its users?

Controversy Surrounding Ordinals

What are the contrasting viewpoints regarding the Ordinals protocol within the Bitcoin community? How does the controversy impact the future development and adoption of the protocol?

Role of Ocean Protocol

What role does Ocean, a decentralized mining protocol, play in addressing the vulnerability exploited by modern spammers? How does this impact the inclusion of genuine transactions in its blocks?


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