Bitcoin Core Developers Averted Network Crash With Latest Fix
Cryptovest
Published Sep 21, 2018 12:31PM ET
Updated Sep 21, 2018 01:40PM ET
Bitcoin Core Developers Averted Network Crash With Latest Fix
Although Bitcoin represents a financial system, it is entirely dependent on the software that the nodes in its network run. We occasionally get reminded of that with updates to Bitcoin Core, but perhaps not as much as the update published on Wednesday.
A vulnerability known as CVE-2018-17144 that could have given the entire network a significant amount of trouble was fixed by the latest release of the coin’s node software. While it may not look like much, this could have ruined people’s trust in the network, potentially sparking a bank run that could have seen the coin’s value drop.
“[It] can take down the network. That would affect transactions in the sense that they cannot be completed, but does not appear to open up a way to steal or manipulate wallets,” This article appeared first on Cryptovest
Get The News You Want
Read market moving news with a personalized feed of stocks you care about.Get The App
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.