“Inscriptions” have been added to the US National Vulnerability Database (NVD) – Bitcoin-NFT based on the Ordinals protocol. This happened after Bitcoin Core team member Luke Dashjr accused them of “spamming” the blockchain.
Being listed as an NVD means that a particular cybersecurity vulnerability has been recognized, cataloged, and deemed important for public awareness.
The database is managed by the National Institute of Standards and Technology (NIST), an agency of the U.S. Department of Commerce. Note that bugs marked CVE are classified as those that can affect the integrity of the entire system.
Bitcoin inscriptions added to the US National Vulnerability Database
Bitcoin network vulnerability is currently being analyzed. One potential consequence is that this could result in large volumes of non-transactional data spamming the blockchain, potentially increasing the size of the network and negatively impacting performance and fees.
The NVD website features a recent post by Bitcoin Core developer Luke Dashjr on X (formerly Twitter) as an information resource.. Dashjr claims that the inscriptions are exploiting a Bitcoin Core vulnerability to spam the network. Amid the news about the addition of “inscriptions” to NVD, the rate of the ORDI token fell by more than 6% per day, according to TradingView.
However, not everyone in the community agreed that this was in fact a vulnerability.. Some are concerned that if the “vulnerability” is eventually fixed, Bitcoin ordinals and BRC-20 tokens will disappear, to which Dashjr responded in the affirmative.
Bitcoin Ordinals is a system that allows people to identify and inscribe digital content on Satoshis to create digital artifacts. — Since Ordinals were only introduced in January, the tools for creating and trading them are still limited.
Ordinals open up new uses for Bitcoin, such as NFTs and introduce new token standards. — Digital artifacts created with Ordinals also have many advantages over other NFTs
The creator of Bitcoin Ordinals, Casey Rodarmore, prefers to call inscriptions “digital artifacts” instead of NFTs, because he believes that the first term is more familiar and understandable, and inscriptions can have applications beyond NFTs. However, since the concept of NFTs is more familiar to the blockchain community, many are calling the signs “Bitcoin NFTs.”
