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September 20, 2018 11:30 pm

Crippling DDoS Vulnerability Put the Entire Bitcoin Market At Risk

A major flaw was spotted in the Bitcoin network that could have allowed miners to bring down the entire blockchain by flooding full node operators with traffic, via a Distributed Denial-of-Service (DDoS) attack. "A denial-of-service vulnerability (CVE-2018-17144) exploitable by miners has been discovered in Bitcoin Core versions 0.14.0 up to 0.16.2." the patch notes state. "It is recommended to upgrade any of the vulnerable versions to 0.16.3 as soon as possible." The Next Web reports: Developers have issued a patch for anyone running nodes, along with an appeal to update the software immediately. As far as the attack vector in question goes, there's a catch: anyone ballsy enough to try to bring down Bitcoin would have to sacrifice almost $80,000 worth of Bitcoin in order do it. The bug relates to its consensus code. It meant that some miners had the option to send transaction data twice, causing the Bitcoin network to crash when attempting to validate them. As such invalid blocks need to be mined anyway, only those willing to disregard block reward of 12.5BTC ($80,000) could actually do any real damage.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/NwLBwlmmdiw/crippling-ddos-vulnerability-put-the-entire-bitcoin-market-at-risk

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