Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Bitcoin Ordinals community debates fix after inscription validation bug

CryptoExpert by CryptoExpert
April 11, 2023
in Bitcoin News
0
Bitcoin Ordinals community debates fix after inscription validation bug
  • Facebook
  • Twitter
  • Pinterest



You might also like

Bitcoin Price Falls Below $80K After $6.3B Binance Hack

Bitcoin Circles $77,000 as US Stocks and Gold Drop Amid Resurgent AI Fears

Binance Secures $6.34B to Cover Losses From Historic Crypto Hack

A few solutions are being discussed to fix a code bug found in the Bitcoin (BTC)-native Ordinals protocol that has prevented over 1,200 inscriptions from being validated.

While nearly every member of the Ordinals community agrees that these inscription requests should be reincluded, the community is debating whether they should be added retroactively or not.

The bug came from the indexer function of the protocol only counting inscriptions that were in the first input of a transaction submitted up to and including version 0.5.1 of the protocol.

One prominent Ordinals member known on Twitter as “Leonidas.og” summarized the pros and cons of each solution in an April 10 tweet, coming a few days after the issue was first made public on April 5 by the GitHub user “veryordinally.”

Phemex

A bug was found in the ordinals protocol that caused ~1,200 inscriptions that should have been valid to not get included. The first of these “orphan” inscriptions happened just before inscription number 420,285. The bug was caused by the ordinals protocol only counting…

— Leonidas.og (@LeonidasNFT) April 10, 2023

The first solution involves selecting a block height to retroactively index the so-called “orphan” inscriptions from inscription number 420,285 onwards, which is roughly where the first orphan inscription was identified.

“This feels like the ‘purist’ solution because it means the ordinals protocol would correctly match the logical ordering on-chain,” Leonidas.og explained, despite acknowledging that the reshuffling “may cause other complications.”

We currently have 1206 “hidden” inscriptions that are not indexed due to https://t.co/VZHCNaBmw0 – join the discussion on GitHub on this interesting consensus and decentralized protocol evolution issue

— ordinally (@veryordinally) April 10, 2023

The alternative is to not change inscription numbers that have already been validated and to pick a block height to add these orphan inscriptions in at some time in the future, Leonidas.og explained:

“This would not change any existing inscription numbers so the ~1,200 orphans would not be assigned inscription numbers officially in the protocol. It would be up to the market to value them as ‘misprints’ or not.”

Another Ordinals GitHub community member, “Yilak,” argued in favor of not changing up the order because only a fraction of inscription owners have been impacted.

Related: Bitcoin Ordinals daily inscriptions surge due to ‘BRC-20 tokens’

At the time of writing, 67.5% of 1,266 voters are in favor of not changing the inscription numbers, according to a Twitter poll created by Leonidas.og.

On April 8, the number of Bitcoin Ordinals inscriptions surpassed 1 million, according to data from the crypto analytics platform Dune. It came just days after daily new inscriptions hit a record of over 76,300 on April 4.

Ordinals are considered to be digital artifacts on the Bitcoin network, similar to nonfungible tokens. They can compromise of images, PDFs, video or audio formats.

Magazine: Unstablecoins: Depegging, bank runs and other risks loom



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Bitcoin
CryptoExpert

CryptoExpert

Recommended For You

Bitcoin Price Falls Below $80K After $6.3B Binance Hack

by CryptoExpert
October 31, 2026
0
bitcoin price binance hack

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Bitcoin price dropped roughly 2% to around $78,420 as the market reacted to Binance’s...

Read more

Bitcoin Circles $77,000 as US Stocks and Gold Drop Amid Resurgent AI Fears

by CryptoExpert
October 30, 2026
0
Cointelegraph

Bitcoin (BTC) stayed under pressure below $80,000 at Friday’s Wall Street open as AI fears returned to intensify a broader risk-asset rout.Key points:Bitcoin struggled to hold around $77,000...

Read more

Binance Secures $6.34B to Cover Losses From Historic Crypto Hack

by CryptoExpert
October 30, 2026
0
Binance Secures $6.34B to Cover Losses From Historic Crypto Hack

Key TakeawaysBinance committed $6.34B in corporate funds to fully reimburse users after a historic $6B security breach.Industry partners like Tether and Circle froze $3B of the stolen assets...

Read more

Quantum Says 30,000 Qubits Could Break a Bitcoin Key in an Hour

by CryptoExpert
October 30, 2026
0
Bitcoin Quantum Threat May Not Be as Serious as Feared, According to Analyst

The estimate assumes cat qubits that go about a century without a bit-flip, while Alice & Bob's largest demonstrator runs on a 12-qubit chip. Quantum computing company...

Read more

Bitcoin ETFs Find New Support From Long-Term Investors

by CryptoExpert
October 29, 2026
0
Bitcoin ETFs Find New Support From Long-Term Investors

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin ETFs are experiencing an interesting change in ownership. Some of Wall Street’s biggest trading...

Read more
Next Post
The $3.3 hack is ‘weird’

The $3.3 hack is ‘weird’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 77,258.00
ethereum
Ethereum (ETH) $ 2,243.16
tether
Tether (USDT) $ 0.99921
bnb
BNB (BNB) $ 702.97
xrp
XRP (XRP) $ 1.25
usd-coin
USDC (USDC) $ 0.999875
solana
Solana (SOL) $ 96.00
tron
TRON (TRX) $ 0.324493
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?