Research: 60% of All Bitcoin Full-Nodes Are Still Vulnerable to Inflation Bug

Published at: May 6, 2019

According to bitcoin (BTC) node stats reported on the website of bitcoin core developer Luke Dashjr, 60.22% of the coin’s full-nodes are running software still vulnerable to the inflation bug at press time.

According to the reported data, the software running on 60,101 bitcoin full-nodes is vulnerable to the CVE-2018-17144 bug. As Cointelegraph reported at the end of September last year, the bug allows malicious miners to artificially inflate bitcoin’s supply via a simple type of double input.

According to a Cointelegraph analysis, at the time — likely because of the possible catastrophic consequences of the presence of the bug — the developers decided to keep it a secret and only revealed that the bug made the network vulnerable to Distributed Denial of Service attacks. The developers disclosed the full danger of the vulnerability at a later time, after it had been already fixed.

The stats on Dashjr’s website also claim that there are 99,638 bitcoin full-nodes currently running at press time, a number about ten times higher than reported by most bitcoin analytics platforms. For instance, BitNodes claims that there are now 9,515 bitcoin full nodes, while CoinDance reports that there are only 9,391 nodes running at press time.

Technology news outlet The Next Web cited Dashjr as previously explaining that this discrepancy is actually due to the fact that most such platforms only include listening full-nodes. Still, according to the report, whether a node is “listening” or not is a mostly-irrelevant technical detail.

A consequence of a node “listening” is that it is more visible and easier to find, according to The Next Web. Dashjr reportedly explained that “economic nodes — those handling transactions — can be both listening and not,” and concluded:

“Frankly, looking at just listening nodes isn’t a very useful metric — non-listening nodes are just as relevant.”

Dashjr’s chart of bitcoin nodes is based on four weeks of data and is updated hourly.

At the beginning of February, EOS.io, the company responsible for the development of fourth-largest crypto by market cap eos, had already handed over bug bounties for five critical vulnerabilities this year.

Tags
Related Posts
Inflation Bug Still a Danger to More Than Half of All Bitcoin Full Nodes
Figures published by bitcoin core developer Luke Dashjr show that more than half of the full nodes in the bitcoin network are still running client software vulnerable to the inflation bug discovered in September 2018. This revelation poses some danger to the network, as software vulnerabilities are a clear and present danger to the fidelity of bitcoin (BTC). Now that the top-ranked cryptocurrency is in the midst of a positive price run, it is perhaps important that steps are taken to eradicate the inflation bug problem for good. Most bitcoin full nodes still vulnerable to the inflation bug As reported …
Decentralization / May 19, 2019
Binance CEO Suggests Crypto Exchanges Are Safer Than Keeping One’s Keys
Changpeng Zhao, the co-founder and CEO of cryptocurrency exchange Binance, suggested that for most, keeping crypto assets on an exchange is safer than keeping the keys themselves. Zhao gave his comments in a tweet on Jan. 19 after famous crypto skeptic and gold bug Peter Schiff complained that he lost access to his Bitcoin (BTC). Invoking the phrase “SAFU” — a slanger term in the crypto community for “safe,” Zhao said: “Many hardcore crypto [organizations] advocate storing your own keys. But the truth is, today most people are not able to secure a key even from themselves (losing it). A …
Bitcoin / Jan. 20, 2020
Can Bitcoin Benefit From New ‘Impossible to Crack’ Encryption Chips?
A team of researchers claims that the prototype silicon chip that they developed enables encryption that is impossible to break. According to an article published on Dec. 20 by scientific paper publication outlet Nature, the system uses chaotic wavepackets in conventional Silicon-based semiconductors. The chip was developed by scientists from the U.K.-based School of Physics and Astronomy at the University of St. Andrews, King Abdullah University of Science and Technology in Saudi Arabia, and the Center for Unconventional Processes of Sciences in California. The paper explains that conventional encryption standards — that cryptocurrencies rely on — could soon become obsolete …
Bitcoin / Dec. 21, 2019
Bitcoin in the Palm of Your Hand — Crypto Hardware Wallets Review
A hardware wallet may just be the safest way to store cryptocurrency for average users. Nowadays, many different devices are trying to tackle the challenges of secure crypto asset storage. In this article, Cointelegraph will review some of the most well-known hardware wallets and compare their features. The cryptocurrency wallets that will be covered in this article are Ledger’s Nano X and Nano S, SatoshiLabs’s Trezor One and Trezor Model T, ShapeShift’s KeepKey, and Coinkite’s Coldcard and Opendime. It is also important to point out that all the wallets tested in this article, other than the Ledger Nano S (which …
Bitcoin / March 26, 2020
Lightning Network releases emergency update after critical bug on LND nodes
An emergency update was released to all Lightning Network's LND node operators on Nov 1., after a critical bug caused LND nodes to fall out of sync chain. This was the second critical bug experienced by the network in less than a month. According to Lightning Labs, developer of the Bitcoin Lightning Network, some LND nodes stopped syncing due to an issue with the btcd wire parsing library. The hot fix (v.015.4) was released nearly three hours after the break. The release stated: "This is an emergency hot fix release to fix a bug that can cause lnd nodes to …
Bitcoin / Nov. 1, 2022