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📅 July 3, 7:00 – July 9,
Bitcoin Network Faces Congestion Due to Exploited Data Size Limits
Bitcoin Knots Update Aims to Stop Network Congestion
A Bitcoin Core developer revealed a vulnerability allowing Bitcin Ordinals to exploit data size limits, causing network congestion. A bug fix in Bitcoin Knots aims to halt new Ordinals and BRC-20 tokens exploiting this issue.
The update may reduce spam and increase real transactions, addressing the ongoing congestion affecting Bitcoin with over 275,000 unconfirmed transactions and rising transaction costs.
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