Bitcoin developer refutes allegations of adding inscriptions to National Vulnerability Database

Bitcoin developer refutes allegations of adding inscriptions to National Vulnerability Database


Bitcoin Developer Denies Involvement in Adding Bitcoin Inscriptions to Vulnerability Database

Bitcoin core developer Luke Dashjr has denied any involvement in adding Bitcoin inscriptions to the United States National Vulnerability Database’s (NVD) Common Vulnerabilities and Exposure (CVE) list. Dashjr previously claimed that inscriptions exploit a vulnerability in Bitcoin Core, leading to spam on the blockchain.

Controversy Surrounding Bitcoin Inscriptions on NVD

Days later, Bitcoin inscriptions appeared on the NVD’s CVE list, describing it as a security flaw enabling the development of the Ordinals protocol. The CVE list allows any developer to report vulnerabilities deemed important for public awareness.

Vulnerability Score of Bitcoin Inscriptions

The NVD assigned inscriptions a medium severity score of 5.3, indicating limited network access or difficult-to-execute denial of service attacks. Dashjr argued that the score understates the potential long-term effects of blockchain bloat and suggested a higher availability impact score would be more appropriate.

Debate Over Bitcoin Inscriptions

The debate over Bitcoin inscriptions continues on social media, with some claiming they are spamming the network while others argue they are crucial for adoption and revenue generation. The increased congestion caused by inscriptions and token minting has led to higher transaction costs and unconfirmed transactions on the Bitcoin network.

Hot Take: The Impact of Bitcoin Inscriptions on Network Congestion

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

The controversy surrounding Bitcoin inscriptions highlights the ongoing debate within the crypto community. While some view them as a cybersecurity risk and network spam, others see them as essential for future adoption and revenue generation. The recent congestion on the Bitcoin network due to inscriptions and token minting has led to higher transaction costs and a backlog of unconfirmed transactions. The decision to include inscriptions on the vulnerability database has sparked further discussion about the potential long-term effects of blockchain bloat. As the debate continues, it remains to be seen how this issue will be resolved and its impact on the Bitcoin network.

Author – Contributor at | Website

Coinan Porter stands as a notable crypto analyst, accomplished researcher, and adept editor, carving a significant niche in the realm of cryptocurrency. As a skilled crypto analyst and researcher, Coinan’s insights delve deep into the intricacies of digital assets, resonating with a wide audience. His analytical prowess is complemented by his editorial finesse, allowing him to transform complex crypto information into digestible formats.