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Topic: Bitcoin Bug and Implications It Carries (Read 141 times)

legendary
Activity: 2520
Merit: 3054
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September 24, 2018, 11:02:33 PM
#3
I dont think we should spread FUD based on that bug. Its already been fixed, no damage was done as far as we know by now. So Spreading the word about a bug which doesnt exist anymore will hurt bitcoin more than the bug itself.
sr. member
Activity: 1008
Merit: 297
Grow with community
September 24, 2018, 10:06:02 PM
#2
The vulnerability of the cryptocurrency blockchain network can impact the value of the coin, especially if the said bug can be exploited.
The bitcoin's inflation bug could have large implications for the whole industry, not just bitcoin. Recently, dev teams went undercover with an issue a bug caused. In it, part of the blockchain system could have been shut down, allowing the attacker (if there were one) to create additional bitcoins outside of the market cap limits.
It is a red flag for development, meaning that teams should sit down and make decisions to get the crypto into the right track soon.
https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/.
What is your opinion on it, what kind of consequences there could from this bug?
https://www.cryptocointrade.com

your question of consequences is already at the article you've been shared

qouted from https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/

"Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back."

its as simple as that

Patches were already in place

jr. member
Activity: 73
Merit: 1
September 24, 2018, 04:05:10 PM
#1
The vulnerability of the cryptocurrency blockchain network can impact the value of the coin, especially if the said bug can be exploited.
The bitcoin's inflation bug could have large implications for the whole industry, not just bitcoin. Recently, dev teams went undercover with an issue a bug caused. In it, part of the blockchain system could have been shut down, allowing the attacker (if there were one) to create additional bitcoins outside of the market cap limits.
It is a red flag for development, meaning that teams should sit down and make decisions to get the crypto into the right track soon.
https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/.
What is your opinion on it, what kind of consequences there could from this bug?
https://www.cryptocointrade.com
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