Charlie Lee of Litecoin (LTC) Talks about the Vulnerability of Bitcoin (BTC)

A couple of weeks ago, a BCH core developer discovered a huge susceptibility in Bitcoin (BTC) Core. According to the reports, the susceptibility has the potential to collapse and cause a huge havoc on the network of Bitcoin (BTC). The bug was recognized to be inflation and denial-of-service (DoS) susceptibility.

Nevertheless, according to a tweet by a Twitter user named Cobra – which happens to be the co-owner of Bitcoin.org – said that the threat has been found and fixed on Bitcoin Core. They fixed the bug in Bitcoin Core version 0.16.3. The new version was released on the same day, and the developers said it is free from the vulnerability and bug found on the previous versions.

Charlie Lee Gives His Opinion Regarding the Bitcoin Core Vulnerability

A Twitter user by the name “Luke Dashjr” said, “87 percent of the Bitcoin (BTC) network is still susceptible to CVE-2018-17144 – (Common Vulnerabilities and Susceptibility), which is mainly a denial-of-service attack.

Charlie Lee replied to this post and said that “There is no urgency to have all the nodes upgraded to 0.16.3. Adding that most of the hashrate has already been upgraded, and this will ensure that every invalid block is orphaned.

Charlie Lee also added that it is very dangerous for everyone to upgrade to the latest version immediately since the diversity of client is a very important feature of a decentralized network. The creator of Litecoin (LTC) also said that having client diversity is extremely vital as there might be new bugs in new versions. Lee concluded by saying that users should take their time to get comfortable with upgrades.

Litecoin (LTC) Price Today – LTC / USD

Name Price24H (%)
Litecoin (LTC)
$23.33
-3.96%

At the press time, Litecoin (LTC) is changing hands at $58 after an increase of about one percent over the past twenty-four hours and an increase of more than seven percent over the past seven days. The current market cap of the digital currency is $3.39 billion and its trading volume over the past twenty-four hours is $304.21 million.

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