Tesla, the auto giant, has gone a step further in contributing fixes to open-source software built on the Bitcoin network after they previously bought bitcoin (BTC) and begun accepting BTC pay.
The California-based company disclosed a bug in the open-source Bitcoin payment processor and wallet BTCPay Server, and it also helped the project’s team cover up the glitch.
After discovering a potentially critical flaw in code posted on the GitHub repository by BTCPay Server, The electric vehicle and renewables company reached out to GitHub last week and helped the developers create a patch.
According to a post on BTCPay’s GitHub that included a software patch, it affects users who boot BTCPay from “Docker Deployment, has a configured email server, and enable registration for users in Server Settings > Policies.
Tesla Deserved Credit
In the software release fixing the bug, BTCPay’s team thanked @teslamotors for filing a responsible disclosure, helping them with a resolution, and handling the issue professionally. They also expressed gratitude to Qaiser Abbas, a web-security researcher, for additional responsible vulnerability disclosure in the release.
Nicolas Dorier, a lead developer and project founder, said that the new patch was a security release that patches one critical and several low-impact vulnerabilities that change BTCPay Server versions 18.104.22.168 and older. He added that they highly recommend affected users update their instances to alleviate the risk.
BTCPay Server was established in 2017 by Nicola Dorier in response to renowned Bitcoin payment processor BitPay’s questionable statements concerning the 2016 SegWit soft fork. BTCPay has been incorporated as a donations portal for charitable efforts worldwide since its launch.
The Tech Giant with Bitcoin
Last month, the electric carmaker said it had purchased $1.5bn worth of Bitcoin, sending the cryptocurrency soaring price.
Last week, Tesla Inc chief Elon Musk tweeted that Bitcoin could now buy its electric vehicles in the United States. He added that the option would be available to other countries later this year. Musk publicly noted the company intends to hold all bitcoin they receive and not convert it to cash.
According to the US Securities and Exchange Commission (SEC) filing, Tesla said it added Bitcoin to its treasury to protect itself against inflation and find returns in an outperforming, globally-accepted, and liquid asset class. The firm joined the tech firms’ cohort like MicroStrategy and payments firm Square with the move. They hope to attain better returns via Bitcoin alongside moving away from traditional assets.