Rushing OP_CAT on Bitcoin could come at an immense security cost

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States Headlines News

Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.

Operation Concatenate could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.) Operation Concatenate , a code that Satoshi Nakamoto introduced in the original Bitcoin script that allows Bitcoin users to combine two data sets into a single transaction script. Potential security concerns from overly large stack elements led Nakamoto to disable the code in 2010., building on the initial success of Ordinals.

Responding to a user who suggested that Ordinals had been"allowed" on Bitcoin, he offered a straightforward reply writing, “Nobody ever allowed ordinals. It's been an attack on Bitcoin from the start.” As a Bitcoin Core developer, his opinion does hold weight.It should also be noted that Ocean Mining — formerly known as Eligius — has found more than 11,000 blocks, mining nearly 350,000 Bitcoin.

Bitcoin Magazine editor"Brian_Trollz" wrote on X that"activating OP_CAT alone" would create a"nightmare mess that is more dangerous than useful." Source:

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin's OP_CAT proposal could transform the Bitcoin blockchainThe launch of Runes of Bitcoin and the emergence of OP-CAT could redefine the blockchain's ecosystem as early as 2026.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Smart Bitcoin Statement Issued by Michael Saylor as BTC Dumps 4.15%Prominent Bitcoin advocate Saylor has made smart Bitcoin statement, addressing his X community
Source: Utoday_en - 🏆 295. / 63 Read more »

'Bitcoin Prize' Tweet Issued by Michael Saylor, Here's His Price HintProminent Bitcoin proponent Saylor has hinted at next Bitcoin price high to be reached soon
Source: Utoday_en - 🏆 295. / 63 Read more »

Cryptocurrencies Price Prediction: Bitcoin, Ondo & ShibaBitcoin/ U.S. dollar (BTC/USD) trading strategy: Overall, Bitcoin is still in an uptrend.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Price analysis 5/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAXBitcoin’s range-bound action has not stopped investors from snapping up Bitcoin ETFs.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Crucial Negative Ethereum ETF Statement Made by Samson Mow, Here’s His MessageBitcoin maximalist Samson Mow says Bitcoin has no use for Ethereum ETFs
Source: Utoday_en - 🏆 295. / 63 Read more »