No, There’s Not Going To Be A Chinese Attack On Bitcoin Core

Bitcoin.org, a self-reported objective information site in the Bitcoin space, has warned that the Bitcoin Core wallet — the official wallet of Bitcoin — is ripe for an attack.

“Bitcoin.org has reason to suspect that the binaries for the upcoming Bitcoin Core release [version 0.13.0] will likely be targeted by state sponsored attackers,” the website says in a post that does not elaborate which state may be be behind the threat or the nature of any attack.

“As a website, Bitcoin.org does not have the necessary technical resources to guarantee that we can defend ourselves from attackers of this calibre. We ask the Bitcoin community, and in particular the Chinese Bitcoin community to be extra vigilant when downloading binaries from our website.”

The website adds:  “We believe Chinese services such as pools and exchanges are most at risk here due to the origin of the attackers.”

According to Bitcoin.org, all this means that “not being careful before you download binaries could cause you to lose all your coins. This malicious software might also cause your computer to participate in attacks against the Bitcoin network.”

For exactly this reason, alternatives have sprouted as information hubs for Bitcoin, like We Use Coins. Other Bitcoin information hubs BitcoinTalk and r/Bitcoin have also been accused of providing misleading information to “Bitcoin noobies.” The community responded by launching their own alternative: Bitcoin.com and r/BTC, which have been steadily increasing in size ever since, marking a shift in where some of those in the Bitcoin industry receive their main source of information.

Read more here.

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No, There’s Not Going To Be A Chinese Attack On Bitcoin Core

Bitcoin.org, a self-reported objective information site in the Bitcoin space, has warned that the Bitcoin Core wallet — the official wallet of Bitcoin — is ripe for an attack.

“Bitcoin.org has reason to suspect that the binaries for the upcoming Bitcoin Core release [version 0.13.0] will likely be targeted by state sponsored attackers,” the website says in a post that does not elaborate which state may be be behind the threat or the nature of any attack.

“As a website, Bitcoin.org does not have the necessary technical resources to guarantee that we can defend ourselves from attackers of this calibre. We ask the Bitcoin community, and in particular the Chinese Bitcoin community to be extra vigilant when downloading binaries from our website.”

The website adds:  “We believe Chinese services such as pools and exchanges are most at risk here due to the origin of the attackers.”

According to Bitcoin.org, all this means that “not being careful before you download binaries could cause you to lose all your coins. This malicious software might also cause your computer to participate in attacks against the Bitcoin network.”

For exactly this reason, alternatives have sprouted as information hubs for Bitcoin, like We Use Coins. Other Bitcoin information hubs BitcoinTalk and r/Bitcoin have also been accused of providing misleading information to “Bitcoin noobies.” The community responded by launching their own alternative: Bitcoin.com and r/BTC, which have been steadily increasing in size ever since, marking a shift in where some of those in the Bitcoin industry receive their main source of information.

Read more here.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.