A Bitcoin Ordinals developer has caused controversy by creating a transaction that crashed the protocol’s inscription numbering system. The transaction had no input or output, but was still seen as valid. This has raised concerns that the protocol may now be broken.
Here is a more detailed explanation
- Bitcoin Ordinals are a way of attaching metadata to a specific Bitcoin transaction. This metadata can include information about the digital asset being transferred, such as its title, description, and ownership details.
- The transaction in question was created by a developer under the moniker “Supertestnet”. The transaction did not include any satoshis (smallest unit of BTC), but was still seen as valid. This caused the Ordinals’s inscription numbering system to crash.
- The implications of this are still being debated. Some people believe that the protocol is now broken, while others believe that it is simply a bug that can be fixed.
The Bitcoin Ordinals protocol has been under scrutiny recently after a developer created a transaction that crashed the protocol’s inscription numbering system. The transaction had no input or output, but was still seen as valid. This has raised concerns that the protocol may now be broken.
However, not everyone is convinced that the bug poses a serious threat to the Ordinals protocol. Danny Diekroeger, founder of Bitcoin Lightning platform Deezy, believes that the bug doesn’t pose any risk to the protocol itself. He argues that the inscription numbers were already broken early on, and that the recent bug is simply a symptom of a larger problem.
It remains to be seen how the Ordinals community will address the bug. Some people believe that the protocol should be fixed, while others believe that the bug is not a serious issue. The outcome of this debate will have a significant impact on the future of the Ordinals protocol.
Here is a summary of the key points from the article:
- A developer created a transaction that crashed the Ordinals protocol’s inscription numbering system.
- The transaction had no input or output, but was still seen as valid.
- This has raised concerns that the protocol may now be broken.
- However, not everyone is convinced that the bug poses a serious threat to the Ordinals protocol.
- The outcome of the debate over how to address the bug will have a significant impact on the future of the Ordinals protocol.
