Hardfork Ethereum is postponed due to discovered vulnerability

EtherEUM developers reported delay

The presence of a critical error in the planned change code (EIP 1283), which reducing transactional costs for some operations, reported the audit company Chain Security. The loophole potentially allowed an attacker to steal cryptocurrency from smart-contracts on the network, by multiple requests for funds and transfer of false data on the actual balance of the ETH fraudster. Therefore, the developers decided to postpone the implementation of the system-wide update and on Friday to hold a meeting to discuss further actions and coordinate the new date.

The transition to Constantinople was to take place on January 16 at the 7,080,000 block, so some customers in the network were already updated. In order to avoid inconsistent Hardford, emergency corrections were issued for deferred changes. Users can also just lower the client’s version, but the developers are not recommended to do so not to create a mess. Those who do not start the node or otherwise do not participate in the work network do not need to do anything.

The project team has already contacted stock exchanges, mining pools, cryptocurrency wallets and other groups cooperating with the Etheric network.

Lane Retetig, Member Ethereum Core, considers Constantinople to be the most rich and controversial of all Hardfors in the entire history of the project, and some developers even offered to call changes less controversial «update». The cryptosocial community recommended the command to test the code in advance, not the eve of the launch, since EIP 1283 was available for the study throughout the year.

Due to the growth of the activity of hackers, the company began to spend more money and time to improve security systems, and also more often integrate the blockchain. According to