Parity Technologies, the developer of the popular Parity client, reiterated the possibility of restoring access to frozen funds totaling $ 62 million. According to CEO Jutta Steiner, Constantinople's CREATE2 hard drive option creates all the necessary conditions for another upgrade.
“If CREATE2 existed then, there would be no vulnerability at all. Isn't the right solution to fix those problems that arose when we didn’t have this tool? ” Said Steiner.
Thus, in April 2018, Parity stated that they did not achieve hard forks after the community sharply rejected the EIP-999 proposal, but immediately after the incident at the end of 2017, the company said the following in a press release:
“You shouldn’t have any illusions about alternative solutions to this problem. We have to carry out a rescue operation to unlock the funds, and this is possible only through a hardforka network. ”
Steiner is now convinced that the arguments of Parity are quite serious.
“This does not mean that we and other projects will immediately return our funds. This will require another hard forks. ”
Recall that a critical vulnerability in Parity wallets with a multi-signature was discovered on November 7, 2017. Then the company said that an unknown user probably accidentally activated a vulnerability in a smart contract / library and ordered it to self-destruct.
Not only the assets of Parity itself, but also Polkadot, ICONOMI and Musiconomi ICO projects turned out to be frozen.
As a result of the #Parity wallet vulnerability, funds of several large ICO projects are frozen https://t.co/WpzMhT0q7u #Ethereum #Polkadot # pic.twitter.com/p0tQI450BE
– BlockchainJournal (@BlockchainJournal) November 9, 2017
Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.
BlockchainJournal.news
BlockchainJournal.news
