Bitcoin Core developer Luke Dashjr has revealed the exploitation of a security vulnerability in Bitcoin Core. According to Dashjr, a group named Inscription is using this vulnerability for spam activities. The seriousness of the situation demonstrates Dashjr’s determination to provide a definite solution before the release of version 27 next year.
Dashjr stated that after the security vulnerability is fixed, tokens such as Ordinals and BRC-20 will be rendered ineffective. This bold statement highlights the developer’s commitment to eliminating exploitation and ensuring the integrity of Bitcoin Core.
The expected fix in version 27 aims to strengthen the security against vulnerabilities and provide a stronger foundation for the future. Shenyu, co-founder of f2pool, evaluated the situation within the community and emphasized that Bitcoin operates on a decentralized model, unlike platforms like Ethereum, and that developers do not have absolute decision-making power.
This collaborative nature in Bitcoin’s evolution contributes to its resilience and security. Luke Dashjr’s recent statement serves as a reminder of the ongoing battle between developers and potential malicious individuals in the crypto space. As Bitcoin Core strengthens its defense with the upcoming version 27, the community remains vigilant, recognizing the importance of a secure and robust blockchain for sustainable success.
The impact of the rise of ORDIs and BRC-20 tokens on Bitcoin’s losses is being considered, but it is also noted that these losses should not be a reason to hinder their development. On the other hand, if an explanation is needed for the price increase of ORDI, it should also be clarified whether Ordinals is under attack. Since ORDIs and BRC-20 tokens have their own communities and generate excitement around them, it is not logical to claim that the end is near for these tokens.