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29 September 2020

Severe Bitcoin Network Vulnerability Secretly Patched 2 Years Ago Comes to Light

Severe Bitcoin Network Vulnerability Secretly Patched 2 Years Ago Comes to Light


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According to a report by Coindesk, a previously undisclosed vulnerability in the Bitcoin Core software could have enabled hackers to compromise the network’s famed security, allowing them to steal funds, delay on-chain settlements and even split the network.

Khan added that the said network vulnerability could have allowed an attacker to siphon funds from nodes possessing open channels on Layer-2 Bitcoin scaling solution, the Lightning Network.

Also a vector for a denial-of-service attack, one aspect of that bug allowed miners to ‘inflate the supply of Bitcoin’ as they could double-spend certain values, the Bitcoin Core team wrote at the time.”

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