Bitcoin Developer: Ordinals and BRC-20 Will No Longer Exist

• Luke Dashjr, a Bitcoin Core developer, revealed that a vulnerability in Bitcoin Core was being exploited by Inscriptions.
• Inscriptions bypassed a pre-set limit by disguising their data as program code, presenting a significant security concern.
• Despite concerns, Dashjr expressed optimism, stating that the news was “actually good for everyone.”

Bitcoin Core developer Luke Dashjr alerted the Bitcoin community in a public service announcement about a vulnerability in Bitcoin Core related to inscriptions. He claimed that after fixing the vulnerability, Bitcoin Ordinals and BRC-20 would no longer exist. 

PSA: “Inscriptions” are exploiting a vulnerability in #Bitcoin Core to spam the blockchain. Bitcoin Core has, since 2013, allowed users to set a limit on the size of extra data in transactions they relay or mine (`-datacarriersize`). By obfuscating their data as program code,…

— Luke Dashjr (@LukeDashjr) December 6, 2023

Dashjr said that Bitcoin Core, since 2013, has allowed users to limit the size of extra data in transactions. This feature allows users to set a limit to control the amount of additional data that can be included in the transactions t…

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