Bitcoin inscriptions added to US National Vulnerability Database

12:45 am
December 11, 2023
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**Bitcoin Vulnerability Flagged as Security Risk by US National Vulnerability Database**

**Summary:**
The US National Vulnerability Database (NVD) has highlighted Bitcoin’s inscriptions as a cybersecurity risk due to a security flaw that enabled the development of the Ordinals Protocol in 2022. This report brings attention to a specific vulnerability that could impact the security and performance of the Bitcoin network.

The National Vulnerability Database (NVD) has recently identified a cybersecurity risk associated with Bitcoin’s inscriptions, flagging them as a potential security concern. This recognition sheds light on a loophole that allowed the development of the Ordinals Protocol in 2022. The NVD’s acknowledgment of this vulnerability underscores its importance for public awareness and cybersecurity efforts. Managed by the National Institute of Standards and Technology (NIST), the database plays a crucial role in cataloging and addressing cybersecurity risks.

Bitcoin’s vulnerability is currently undergoing evaluation, with potential implications such as increased non-transactional data spamming the blockchain, thereby impacting network size, performance, and fees. This scrutiny has also brought to focus the Ordinals Protocol and its role in exacerbating network congestion and transaction processing challenges in 2023.

**FAQ:**
1. **What is the significance of Bitcoin’s inscriptions being flagged by the NVD?**
The NVD’s listing draws attention to a cybersecurity vulnerability in Bitcoin’s inscriptions, emphasizing its impact on network security and performance.

2. **How does the vulnerability affect Bitcoin’s network?**
The vulnerability could lead to an influx of non-transactional data spamming the blockchain, potentially increasing network size, affecting performance, and escalating fees.

3. **What role does the Ordinals Protocol play in this vulnerability?**
The Ordinals Protocol, developed in 2022, has amplified the impact of inscriptions on Bitcoin’s network, leading to network congestion and transaction processing challenges in 2023.

4. **Is there potential for the vulnerability to be addressed and impact the Ordinals Protocol?**
Addressing the vulnerability could potentially restrict Ordinals inscriptions on the network, impacting its functionality. However, existing inscriptions would remain intact due to the network’s immutability.

5. **Who manages the National Vulnerability Database?**
The National Institute of Standards and Technology (NIST), which is an agency of the U.S. Department of Commerce, oversees the NVD.

6. **Where can I find more information about this vulnerability and its impact?**
The NVD’s website provides resources and information about the identified vulnerability related to Bitcoin’s inscriptions.

Sources:
– [NVD National Institute of Standards and Technology](https://nvd.nist.gov/vuln/detail/CVE-2023-50428)
– [Luke Dashjr’s Twitter](https://twitter.com/LukeDashjr/status/1732204937466032285)
– [CVE Records](source: CVE Records)

Please note that the information in this article is based on the latest available data at the time of writing. For further updates and insights, refer to the respective sources and official announcements.


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