Bitcoin Developer Says BRC-20 Tokens A Bug: Will These Altcoins Be Deleted From The Market?

Ordinals, which have attracted attention with their rising performance in recent days, have divided the Bitcoin (BTC) community into two.

Ordinals, which stand out as tokens written on Bitcoin and have experienced serious increases in recent days, split the community in two. With the increase of ordinals interaction Number of unconfirmed transactions on the Bitcoin network starting to increase when the network slows down There has been an interesting demand for the elimination of these tokens.

About subject in the statement Found Bitcoin developeri Luke DashjrOrdinals tokens and Inscriptions The token generation mechanism called The damage caused to the Bitcoin network mentioned.

Ordinals are a big problem for Bitcoin

While the Bitcoin developer emphasized that the Ordinals protocol poses a danger to the Bitcoin network, he stated that this problem can be solved. Stating that Ordinals and Inscriptions-based tokens bypass the size limit in the Bitcoin network by hiding their data as program code, Dashjr said that this problem can be solved with an update next year:

Ordinals and Inscriptions protocols exploit a vulnerability in Bitcoin Core to spam the blockchain. Since 2013, Bitcoin Core has allowed users to set a limit on the size of extra data in transactions they transfer or extract. However, Ordinals bypass this limit by disguising their data as program code. Bitcoin Core is still vulnerable in the upcoming v26 release. I hope it will finally be fixed before v27 next year.

According to on-chain data, it is already on the Bitcoin blockchain More than 260,000 unconfirmed transactions There is, and according to some of the community, the increasing transactions of the Ordinals protocol are responsible for this.

On the other hand, the developer, who describes the Ordinals projects as an attack on the Bitcoin network, still describes these projects as “to shut downpossible is not he emphasized. Developers decentralized structure Therefore, they do not have full authority over Bitcoin and cannot completely disable a protocol.

Among Ordinals tokens ORDI (ORDI) And Pepe (PEPE) There are well-known names such as.


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