Bitcoin Vulnerability Discovered By A Developer Has Been Flagged By The US Government
11 Dezembro 2023 - 8:00PM
NEWSBTC
Last week, a Bitcoin developer Luke Dashjr raised alarm
about a possible vulnerability in the network in relation to the
Bitcoin Ordinals that could lead to a code exploit. After posting
his findings to social media, Dashjr’s warnings were not taken
seriously as community members believed it was a non-issue.
However, the US government seems to be taking the vulnerability
seriously, adding it to its vulnerability database. Dashjr’s Finds
Vulnerability In Bitcoin Network Dashjr had first raised alarm
about the bug in the Bitcoin network on December 6 through an X
(formerly Twitter) post. As the developer explains, this bug was
related to the BTC Inscriptions which have gained popularity in the
last year. This capability has helped developers to create what
could be referred to as Bitcoin’s version of non-fungible tokens
(NFTs). Related Reading: Solana-Based Meme Coin Outperforms
Dogecoin, Shiba Inu To Become 3rd-Largest Elaborating on the
mechanism of Ordinals, Dashjr explained that the Inscriptions were
actually taking advantage of a vulnerability in the Bitcoin Core.
Developers are able to hide their data as program code, thereby
being able to bypass the preset limit on the size of extra data
that can be included in BTC transactions. Dashjr explained that he
was working to fix this issue. However, the vulnerability remains
as developers are still able to create inscriptions on the network.
Even after being fixed in the “Bitcoin Knots v25.1,” the developer
explains that the vulnerability still remains “in the upcoming v26
release.” As for when the vulnerability might be completely fixed,
Dashjr said he hopes this will happen sometime in 2024. As
Bitcoinist reported, not everyone in the community agreed that this
was actually a vulnerability. Some worried that if the
‘vulnerability’ is eventually fixed, Ordinals and BRC-20 tokens
would disappear, to which Dashjr responded in the affirmative. BTC
price falls below $42,000 | Source: BTCUSD on Tradingview.com NIST
Adds BTC Bug To Vulnerability List Despite the Bitcoin community
not taking the warning of the vulnerability seriously, the United
States government has chosen a more proactive approach. The
National Vulnerability Database which is under the government
agency, the National Institute of Standards and Technology (NIST),
has moved forward to add the vulnerability to its Vulnerability
List under ‘Common Vulnerabilities and Exposures.’ Related Reading:
Shiba Inu Burn Rate Rises Rapidly In One Week, What’s Been Driving
It? The agency has assigned the vulnerability with the code
CVE-2023-50428 after identifying that it could be a potential risk
for the network, especially when it comes to security or integrity.
This means the agency believes this could lead to an exploit in the
Bitcoin network. The very existence of Ordinals and BRC-20 tokens
is already identified as one of the ways that this vulnerability is
already being exploited. Naturally, the agency is looking to
prevent other ways in which the vulnerability could be further
exploited in a way that could cause harm to its users. Follow Best
Owie on X (formerly Twitter) for market insights, updates, and the
occasional funny tweet… Featured image from The Nation View, chart
from TradingView.com
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