Is Bitcoin network still vulnerable? Litecoin founder Charlie Lee shares his opinion

Home » News » Is Bitcoin network still vulnerable? Litecoin founder Charlie Lee shares his opinion
September 27, 2018 by
Is Bitcoin network still vulnerable? Litecoin founder Charlie Lee shares his opinion

A massive vulnerability was discovered on Bitcoin Core and can have reportedly created big damages to the network. Litecoin owner Charlie Lee lately gave his position on the issue on Twitter.

Last week, the co-owner of Bitcoin.org – that passes the name Cobra on Twitter – tweeted that a harmful insect was found as well as fixed on Bitcoin Core.

Bitcoin Core 0.16.3– the upgraded version– was launched on the same day. It is claimed to be without the exploitable pest located on the 0.14.0 as well as 0.16.2 versions. Additionally, the insect is known to create a susceptability called CVE-2018-17144 [Usual Susceptabilities as well as Direct Exposures], which is primarily a DoS [denial-of-service] assault.

Additionally, inning accordance with him, it could be incredibly hazardous to obtain everybody to upgrade quickly to 0.16.3 because client diversity is a considerable feature for a decentralized network. Lee wrote, “Having client variety is essential as there might be brand-new bugs in more recent versions. People must take their time to get comfy with upgrades.”

He wrapped up by claiming all the exchanges and also seller cpus have actually probably updated in order to safeguard themselves. “There are no motivations for miners to rip off. Nakamoto consensus game theory is functioning as made. If we need to resort to publicly reproaching people to update their nodes, we have actually already stopped working,” he added.

A graduate in the field of Finance and Investment, researching and reporting on cryptocurrency, particularly the reaction of governments to the same.

© Copyright 2018. KranBitcoin. Designed by Space-Themes.com.