Dogecoin Core To Get Major Security Update, Here’s All
A recent update on Dogecoin Core 1.14.8 suggests that a major release is imminent. This latest phase has to do with the reproducibility of the output from the compilation process.
Ensuring Reproducibility of Dogecoin Update
According to the protocol’s Junior developer on X, the Dogecoin Core 1.14.8 has successfully passed its “can multiple developers reliably reproduce the exact output from the compilation process” test, suggesting a close release. Noteworthy, this Core client performs several functions including participating in the network, validating as well as relaying transactions.
The #Dogecoin Core 1.14.8 release has passed its “can multiple developers reliably reproduce the exact output from the compilation process” test!
That means a release is imminent.
Why is this reproducibility important?
— junior developer (@chromatic_x) August 3, 2024
It also can hold keys for users in case of a transaction. Junior developer created an analogy to emphasize the need for the Core client and its reproducibility. He pointed out that in the absence of an audit for every line of code used to compile the Core client, one would need to put trust on someone. At the same time, he highlighted the shortfall of this decision, citing that the same person could decide to sneak an exploit into the software.
Once this happens, a user’s private keys or identity becomes exposed to the public. Eventually, this may trickle down to clog the network or even totally override it. With the latest update on Dogecoin Core, the team behind the upgrade is focused on ensuring that the process of trusting someone is not done blindly.
Much more, they intend making it easy to reproduce the same result when users enter the same input on all of its dependent libraries.
Politician Suggests Bitcoin Reserve Legislation
Apart from this Core update that the Dogecoin ecosystem is currently working on, the broader crypto ecosystem has had other developments. Currently, crypto including Bitcoin has taken a crucial position in the United States presidential elections cycle.
Precisely, Senator Cynthia Lummis recently published the much-talked about Bitcoin Reserve Bill. This bill suggest the use of Bitcoin to address the mounting national debt which has hit an all-time high (ATH) of $35 trillion. Explicitly, the senator’s suggestion is to establish a strategic reserve of Bitcoin that can be used as a backing for the US dollar, making it stronger globally.
Within 48 hours, US Senators have received 2,200 letters requesting co-sponsorship. The Bill has now gone to the Senate Banking Committee for deliberation.
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Filed under: News - @ August 3, 2024 10:18 pm