Bitcoin’s real vulnerabilities not always what they seem

Bitcoin’s growth potential continues to be threatened by sensationalist headlines that mislead readers into seeing vulnerabilities where none exist, or at least, don’t exist where the authors of those headlines would have you believe.

On Thursday, News.bitcoin.com posted an article about a new paper by researchers at ETH Zurich and Hebrew University which claimed to have exposed methods by which Bitcoin could be ‘hijacked’. The article’s clickbait headline: “Research shows how Bitcoin can be attacked via internet routing infrastructure.”

Without getting too deep into the technical weeds, this Coingeek.com article does a nice job of pointing out the inherent fallacies of the study, as well as the fact that the aforementioned vulnerabilities only apply to Bitcoin transactions performed via the Bitcoin Core group’s SegWit sidechain dongle, as regular Bitcoin transactions don’t require the user to go through an online wallet.

The ongoing schism between the Bitcoin Core and Bitcoin Unlimited camps shows no sign of abating, leading one observer to pen an op-ed on Coindesk lamenting the “civil war” engulfing the Bitcoin world.