#BitcoinBugFix #BitcoinOrdinals #BRC20Tokens #NetworkCongestion #BitcoinBlockchain #LukeDashjr #BitcoinKnots #BitcoinCoreDerivative
According to a Bitcoin Core developer, the Bitcoin network is allegedly experiencing an exploit which allows users to overstep data size limitations. The exploit is said to have been used particularly by Bitcoin Ordinals and BRC-20 tokens, leading to network congestion by taking advantage of a vulnerability. On December 6, Luke Dashjr, the developer in question, identified this loophole that ordinals and BRC-20 token creators have used to embed data on satoshis, exploiting a weakness in the Bitcoin Core software to saturate the blockchain.
Dashjr further explained that since 2013, Bitcoin Core code has allowed users to put a cap on the volume of additional data in transactions. However, by disguising their data as software code, inscriptions can sidestep this constraint. Interestingly, a bug that has been instrumental in this bypass act was recently patched in the latest Bitcoin Knots update, a derivative of Bitcoin Core that involves less tested or untested features backported from, and sometimes maintained separately from, the primary software. Dashjr affirmed that if this loophole were fully sealed, it would put an end to fresh Ordinals and BRC-20 token creation. Nevertheless, existing inscriptions would remain untouched.
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