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Bitcoin Developer: Ordinals and BRC-20 Will No Longer Exist

Published 12/06/2023, 08:29 PM
Updated 12/06/2023, 08:45 PM
© Reuters Bitcoin Developer: Ordinals and BRC-20 Will No Longer Exist
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  • Luke Dashjr, a Bitcoin Core developer, revealed that a vulnerability in Bitcoin Core was being exploited by Inscriptions.
  • Inscriptions bypassed a pre-set limit by disguising their data as program code, presenting a significant security concern.
  • Despite concerns, Dashjr expressed optimism, stating that the news was “actually good for everyone.”

Bitcoin Core developer Luke Dashjr alerted the Bitcoin community in a public service announcement about a vulnerability in Bitcoin Core related to inscriptions. He claimed that after fixing the vulnerability, Bitcoin Ordinals and BRC-20 would no longer exist.

Dashjr said that Bitcoin Core, since 2013, has allowed users to limit the size of extra data in transactions. This feature allows users to set a limit to control the amount of additional data that can be included in the transactions t…

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