CryptoMediaClub
Wednesday, July 30, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Bitcoin Ordinals Protocol May Stop Working in 2024

10.12.2023
A A
0
124
VIEWS
ShareShare

The Bitcoin Core developer said that the creators of Ordinals were “spamming” the Bitcoin blockchain by exploiting a vulnerability in the network. The project team is preparing an update of the core network, after the implementation of which it’ll become impossible to create new digital artifacts and BRC-20 tokens.

Issuance of New Bitcoin Ordinals May Stop in 2024

Luke Dashjr, Bitcoin Core Developer, claims that the creators of Bitcoin Ordinals and BRC-20 tokens are exploiting a vulnerability in the Bitcoin network, which may be fixed next year.

He says that creating digital artifacts is only possible because Bitcoin Core doesn’t set limits on the amount of additional data that can be inserted into transactions. The creators of Ordinals and BRC-20 tokens are actively exploiting this vulnerability by performing nothing more than DDoS attacks on the first cryptocurrency’s network, essentially spamming the blockchain network, Dashjr argues. He also insists that Ordinal harms Bitcoin and its users, and its impact is huge and irreversible.

The developer revealed that the recent Bitcoin Knots v25.1 update fixed that bug. According to Dashjr, once similar changes are made to the core code, Ordinals will no longer be able to “spam” the Bitcoin blockchain and their creation will no longer be possible. Digital artifacts that already exist will remain unchanged. The developer hopes that the vulnerability will be fixed in the upcoming v27 Bitcoin Core release, scheduled for 2024.

The Bitcoin Ordinals protocol was launched in January 2023, as a result of which the Bitcoin blockchain network was overloaded. And the issuance of BRC-20 tokens further increased the load on the Bitcoin blockchain network.

Сообщение Bitcoin Ordinals Protocol May Stop Working in 2024 появились сначала на CoinsPaid Media.

Share10Tweet6ShareSharePin2

Related Posts

Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers
All news

Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers

30.07.2025
0

The financial regulator of Hong Kong published regulatory documents detailing the licensing and supervision procedures for stablecoin issuers ahead of...

Read moreDetails
Revolutionizing Crypto Mining: XRP Mining Empowers Global Users with Smartphone-Based Cloud Mining

Revolutionizing Crypto Mining: XRP Mining Empowers Global Users with Smartphone-Based Cloud Mining

30.07.2025
Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

30.07.2025
Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

30.07.2025
AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

30.07.2025
Load More
Next Post
CP Media Covers Crypto Volatility

CP Media Covers Crypto Volatility

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

VeChain and SingularityNET team up on AI to fight climate change

VeChain and SingularityNET team up on AI to fight climate change

2 years ago
Subgraph hosted service launches as The Graph prepares for decentralization

Subgraph hosted service launches as The Graph prepares for decentralization

2 years ago
While Friend.tech booms, decentralized social has a retention problem — Execs

While Friend.tech booms, decentralized social has a retention problem — Execs

2 years ago
Satoshi Era Dormant Bitcoin Whale Transfers 400 BTC Worth $11 Million

Satoshi Era Dormant Bitcoin Whale Transfers 400 BTC Worth $11 Million

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

Bitcoin could target $141k if it breaks out of the $105k-$125k box

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

Trending

Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers
All news

Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers

30.07.2025
0

The financial regulator of Hong Kong published regulatory documents detailing the licensing and supervision procedures for stablecoin...

Revolutionizing Crypto Mining: XRP Mining Empowers Global Users with Smartphone-Based Cloud Mining

Revolutionizing Crypto Mining: XRP Mining Empowers Global Users with Smartphone-Based Cloud Mining

30.07.2025
SEC’s in-kind approval can spark HUGE $710 billion supply squeeze for Bitcoin ETFs

SEC’s in-kind approval can spark HUGE $710 billion supply squeeze for Bitcoin ETFs

30.07.2025
Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

30.07.2025
Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

Bitcoin Price Prediction: OG Whale Dumps 80,000 BTC – And Bitcoin Still Looks Ready to Blast Higher

30.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz