Doesn't seem like this bug places any risk on stored wallet funds, so it is unlikely to have much of an affect on the market. As the article says, the bug has already been fixed, cudos to the Bitcoin Core team for such a quick response.

the bug causes nodes to crash. a patch has been releasedcore client update released. but that does not mean that its solved.
people need to download the software. and run it

right now only 10% of the network is using 0.16.3
meaning over 80% of the network is still at risk

again 80% of the network is still at risk. this its not fixed. its just made available a tool that can fix it.
imagine it like an engine. engineers found the issues needs a special spanner to fix it. they made the spanner but now people need to use the spanner to fix it.

anyway the deeper issue is we need to decentralise the 'reference client' to stop being the center. there needs to be a change of mindset and to allow other teams to make their own clients that work onchain in consensus without being treated as attacking a king.
get rid of the kingdom and instead allow united states on the same level playing field. that way there would be diversity on the network and no 80-90% network dropping scenario

nope. bcause theres a few hundred nodes(10%) that were not core 0.14-0.16.2 even before 24 hours ago...
meaning if 90% were 0.14-0.16.2 now with 10% of those are now 0.16.3 thats only 80% that are stil 0.14-0.16.3


the network was not 100% 0.14-0.16.2 (though those few hundred nodes outside of the risk are still sheep to core in other ways)

however we need to make it more like 20-50% all the time diversity.. not 90%
and we need to make it so that core is less of a kingdom/monarchy and bring back diverse consensus.
dare i say it without getting the or defenders riled up

we need diverse decentralisation to return.. not biased distribution which is what we have been experiencing for the majority of 2013-2018

edit:
technically the older nodes(blow 0.14) shouldnt cound as they are not part of the 'inner circle' of the kingdom or being a block/transaction relayer. they are more defined as the 'downstream(gmax buzzword)' or 'filtered nodes(lukeJR buzzword)' on a outer circle of the network.
so crazy craig. your right the percentage i quoted of 80% is technically higher if you brush the older nodes out of the stats

My apologizes, did not realize you were only counting .14+ nodes.

Anyway, all the nodes that I personally manage have been updated within the last 24. I suspect by the end of the week we will see about 30-40% of nodes upgraded. Outside of backing up data and verifying the packages, upgrading took less than 5 minutes and could be as simple as upgrading the PPA package if using ubuntu.


I agree with you on your decentralization points.

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You are correct as it is patched. The point was that only 10% of the network is using the upgraded binary putting the rest of it at risk. While extremely unlikely, it is entirely possible the network could be at risk for a 51% attack and the price being brought down.