News / Bug in bitcoin could have brought the entire system down
Bug in bitcoin could have brought the entire system down
27 September 2018
The development team behind the most hack-proof and secure blockchain has recently found a DDoS vulnerability that would have been able to bring down the entire system.
The bug had been in the underlying software since around March 2017 and would have enabled miners to overflood the system with duplicate transactions. However, according to The Hacker News, an attack would not have been very likely as it would have cost miners 12.5 bitcoins (£60,000).
Users of Bitcoin are requested to update their versions as soon as possible with the latest Bitcoin Core 0.16.3.
Read more about this here.