A critical security vulnerability has been discovered in Dogecoin (DOGE), the favorite of Tesla CEO Elon Musk.
Bitcoin sidechain Sequentia co-founder Andreas Kohl reportedly exploited the “DogeReaper” vulnerability, causing 69% of nodes on the Dogecoin network to crash, Cointelegraph reported.
https://twitter.com/aejkohl/status/1867078471190712741
On-chain data showed that before the exploitation, Dogecoin had a total of 647 active nodes, but the number of nodes dropped to 315 after the incident.
Discovered by security researcher Tobias Ruck and disclosed by the DOGE Efficiency Department in early December, the “DogeReaper” vulnerability exploited by Kohl can remotely take down any Dogecoin node.
It has been stated that this vulnerability could disrupt the entire Dogecoin network and could bring the entire network to a halt with no transactions or blocks created for several days if the vulnerability was exploited on a large scale by malicious parties.
Despite the huge potential threat the vulnerability poses to the DOGE network, it was rated as low severity by the Coinbase Exchange, and researcher Tobias Ruck was only awarded a $200 bounty for his discovery.
*This is not investment advice.
