RATE Group | Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000
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Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000

20 Sep Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000

Posted at 06:32h in Bitcoin News by

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Bitcoin Core has released an update following the recent detection of a vulnerability in the software, according to a September 18 press release by the Bitcoin Core Project. According to the statement, Bitcoin Core 0.16.3 was released with a fix for a denial-of-service (DoS) vulnerability.

The vulnerability could reportedly cause a crash of older versions of Bitcoin Core if they attempted processing a block transaction that tries to spend the same amount twice. According to the press release, such blocks can be only created by a miner since they are invalid. In order to create such block, a miner would be required to burn a block of “at least” 12.5 Bitcoin (BTC) worth about $80,000 as of at press time.

The new update includes a feature that eliminates a potential crash by enabling the software to “quietly reject” invalid blocks created by miners.

Emin Gün Sirer, an associate professor of computer science at Cornell University, told Motherboard that the entire network could…

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