Dogecoin, the popular memecoin, is about to receive a significant security update with the release of Dogecoin Core 1.14.8. This latest update focuses on enhancing the reproducibility of the compilation process, a crucial step toward bolstering the network’s security and reliability.
X user, “junior developer,” said that Dogecoin Core 1.14.8 had passed the “can multiple developers reliably reproduce the exact output from the compilation process” test.
Risks of unaudited code
The Dogecoin Core client is essential for several functions, including participating in the network and validating and relaying transactions. It can also hold keys for users.
Junior developer highlighted the importance of ensuring the core client’s reproducibility. He said that users must place their trust in someone without the ability to audit every line of code used to compile the core client, which poses an exploitation risk to the software.
Related: Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up
Such vulnerabilities could expose users’ private keys or identities, leading to consequences like network congestion or even a complete network takeover.
Enhancing network security
To address the issue, the latest update to Dogecoin Core is committed to ensuring that users do not have to trust anyone blindly. By making it possible for multiple developers to reliably reproduce the same output when they input the same code and dependent libraries, the team aims to create a transparent and secure development process.
This approach strengthens the network’s security and enhances transparency and trust within the community.
On Aug. 2, Dogecoin (DOGE) experienced a price drop of 2.5%, settling at $0.1131. Dogecoin dominates the memecoin market, with 62% of its total market share.
According to CoinMarketCap, the combined market value of memecoins has declined over the past 10 days, decreasing by 21.5% from $54.70 billion on July 22 to $42.91 billion on Aug. 2.
Magazine: THORChain founder and his plan to ‘vampire attack’ all of DeFi
