8/2/2023 0 Comments Bitcoin core developerOn May 8, he said, action should have been taken months ago, referring to the ordinals fad. A prominent Bitcoin developer has taken umbrage at the ordinals and memecoin craze that is crippling the blockchain. He commented that you “shouldn’t manage your keys. A Bitcoin Core developer is unhappy with the BRC-20 ordinals and memecoin madness that has clogged up the network. Udi Wertheimer, a BTC enthusiast, also took the time and question whether self-custody was viable and safe. Self-custody comes with a unique set of risks. He said it was sad to see an OG #Bitcoin core developer lose 200+ BTC ($3.5M). Bitcoin Core has only 5 developers left as key maintainer departs By Julius Mutunkei Februat 12:34 pm News Long-serving bitcoin ( BTC) lead maintainer and developer Wladimir Jasper van der Laan has reportedly had his access to Bitcoin Core’s GitHub repository taken away. Others suggest that it might not have been a hack, suggesting that it could have been someone who had come across the seed phrase or was part of a “boating accident” before tax season.īinance’s Zhao warned the crypto community previously about self-custody. SatStandard, a Reddit user suggested that Dashjr might not have taken the Nov.17 security breach “seriously enough.” Later, SatStandard said that the Bitcoin developer had “not kept different activities separate.” Some crypto-community members speculate that the loss could be due to lax security. Please let us know if there is any other help we can do.” In a comment, Binance CEO Changpeng CZ Zhao said he is saddened by the incident and offered support. He also reportedly has over 23 years of programming experience. Korok Ray, PhD is an Associate Professor at the Mays Business School at Texas A&M University. We will immediately freeze any item that comes our way. According to his LinkedIn profile, Luke Dashjr has been a Bitcoin Core developer since 2011. Its main goal as a company is to establish a sidechain for Bitcoin that permits interoperable transactions. We have informed our security team to monitor. Blockstream is a VC-backed blockchain technology company launched by prominent Bitcoin Core developers, including Gregory Maxwell, Jorge Timn, Matt Corallo, Pieter Wuille and Mark Friedenbach. CZ said in a tweet, “Sorry to hear that you have lost so much.
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