In a Medium web blog post by Corey Fieldsunconcealedthat he wasaccountable foranonymously informing BitcoinABCdevelopers of theSIGHASH_BUG in BCH network in April this year. He further said that this if this bug succeeds, it would lead to unsafe BCH network transactions. As CCN reported earlier this month, this bug has currently being resolved.
Corey Fields mentioned the greatest threats for bitcoins saying that:
“I’musuallyasked at conferences and workshops, what Iconsider the Bitcoin’s greatest challengein the coming future. My answeris oftenthe same: avoidingruinoussoftware systembugs.”
According to Fields, the threatdisplaybysoftware systembugs with regards to cryptocurrencies are underestimatedand firmsshouldbuildadequate preparations for thesesorts ofthreats. Part ofthe matterwas that BitcoinABCdon’thave anaccountablerevealingpolicy.In addition, Fieldscouldn’t realise publiclyobtainablesecret writingkeys for the lead developers at BitcoinABCto whom hemaysend encrypted message informing them of the vulnerabilitywhile notrisking it being viewed by others.
According to Fields,it absolutely wasadditionallyvitalto stayanonymousfor privatesafety reasonssimply just in casea malicious actor discovered the vulnerability and went onto useit before a fixmight beunrolled. Mentioning in a web blog post he mentioned:
“Because I used my name for therevealing,arduousproof would exist that I had thedataandmeant attacking the network. I don’t have any way to prove that i was not the attacker. It was just that collectively billions of dollars would have been lost as a result of this exploiting bug attack.”
At this time Bitcoin ABC also announced that this error has been resolved and a reward would be awarded by the company to the unknown person. However, any claims of rewards by Fields has yet not been confirmed.