Whoa! Bitcoin Core’s Latest Bug Could Wipe Out Your Wallet – No Backup? You’re Toast!

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So, listen up! The folks over at Bitcoin Core just dropped an urgent notice. Apparently, they found a wallet migration bug in versions 30.0 and 30.1. It’s like finding a surprise in your cereal, but instead of a toy, it’s the potential for losing all your money! 🙄 Just what everyone needs, right? A routine upgrade that turns into a financial catastrophe for those who didn’t think to back up their wallets. Genius move, guys!

On January 5th, Bitcoin Core Project made their big announcement on X, warning us that “under rare circumstances,” migrating a legacy (BDB) wallet can lead to a total wipeout of wallet files on the same node. No backup? Well, that’s just unfortunate! 💸

Now, the developers promised a fix in Bitcoin Core 30.2, but until then, they’ve got a hot tip: don’t migrate those legacy wallets using 30.0 or 30.1. Just keep doing what you were doing before, which is somehow less risky than playing Russian roulette with your funds.

Bitcoin Community: A Divided We Stand

The Bitcoin community is buzzing, and not in a good way. There’s been a simmering pot of complaints over on GitHub. One user, @B__T__C, claims that “several users had been reporting it for over two weeks.” Seems like a classic case of developers being a bit slow to react. Maybe they all took a long lunch break? Who knows! 🤷‍♂️

Then we have Greg Tonoski (@GregTonoski), who pointed out that users tried to warn the team before version 30 launched. Imagine that! A month of warnings, and still, we get this delightful little surprise. I mean, how many red flags does it take to get some action? Maybe they need to invest in a bigger flag! 🚩

The debate rages on about how “rare” this situation really is. User @barackomaba argues that it’s more serious than they’re letting on because v30.0 stopped loading or creating BDB legacy wallets altogether. It’s like saying, “Hey, we’ve got a tiny issue with your parachute, but don’t worry, it’s just a ‘rare’ malfunction!” Yikes!

Now, if you thought this was all a big joke, think again. Legacy wallets were the go-to option until April 2022. So many users are now stuck between a rock and a hard place. They either migrate and hope for the best or stick with these outdated wallets. Not exactly a win-win, right?

But let’s not panic! Some voices like @w_s_bitcoin are trying to calm the masses, pointing out that only about “1/5th of all Bitcoin nodes” are running Core v30 and that allegedly just one poor soul has been affected. That’s like saying only one person tripped on the rug during a family reunion. Sure, but now everyone’s on edge, right? 😅

What’s clear is this: if you’re running 30.0 or 30.1, take a breather before migrating those legacy wallets until 30.2 comes around. And please, for the love of all that’s holy, BACK UP YOUR FILES! Don’t be that person who forgets to save their work and then acts shocked when it’s gone. Seriously!

And by the way, Bitcoin is trading at a casual $91,717 at press time. So, you know, no pressure! 😬

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2026-01-07 23:25