A critical bug could potentially 'erode' confidence in Bitcoin
, Ripple CTO David Schwartz claims that it is “highly likely” that there is a critical bug in at “at least one” major implementation of Bitcoin’s source code.
The vulnerability could potentially allow creating a much higher number of coins, going beyond the 21 million cap. If the bug gets exploited, it could “erode” confidence in Bitcoin and cause gargantuan losses for exchanges. His comment came after Matt Hamilton, former director of developer relations at Ripple, recalled how the value overflow incident that occurred in 2010 nearly killed the largest cryptocurrency. Back then, an anonymous hacker exploited a critical vulnerability in Bitcoin’s source code that made it possible to create 184 billion new coins. The
by longtime Bitcoin developer Jeff Garzik. Fixing the vulnerability involved rolling out a soft fork.In September, a severe bug in the Bitcoin software that could have made it possible for attackers to steal funds from the Lightning Network was disclosed two years after the fix was implemented.Schwartz says that it is highly that such a bug will never be found or exploited by a malicious actor, which is why Bitcoiners shouldn’t lose their sleep over it.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
From Company to DAO to Protocol, What Will be Next for Tellor? | HackerNoonTellor’s CTO, Nicholas Fett, gives us an overview of his work building a decentralised oracle network.
Weiterlesen »
Ripple Lawsuit Gets Backing From Chamber Involved in Telegram Case, Jeremy Hogan Says What To WatchRipple lawsuit gets support from Chamber of Digital Commerce, Jeremy Hogan says what to look out for XRPArmy XRPCommunity RippleXRP XRPHolders
Weiterlesen »
Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants – Bitcoin NewsWhile hundreds of Brooklyn residents attended the Bitcoin Academy, some attendees enrolled in a grant for $1,000 in bitcoin.
Weiterlesen »
While the banks were closed, Bitcoin reached 5,000 days onlineIt's been 13.69 years since Bitcoin was created and it continues to work—almost without a hitch. Bitcoin celebrates 5,000 days of uptime.
Weiterlesen »
Bitcoin might be down but interest in crypto and NFTs is here to stay: Ledger CEOCrypto is not going anywhere, claims the CEO of Ledger. We sat down with _pgauthier to discuss the bear market, Web3, and financial freedom.
Weiterlesen »
Officials ask people to stop leaving marmalade sandwiches outside palace as tribute to queenBritish officials are asking fans of Queen Elizabeth II to stop leaving marmalade sandwiches outside Buckingham Palace as a tribute to the late monarch.
Weiterlesen »