Monthly: November 2017

Thawing the parity ether-freeze

Thawing the parity ether-freeze As i wrote earlier today a simple logic flaw resulted in 250M+ USD in ether to become frozen. As this event has happened and cannot un-happen, I thought it would be interesting to evaluate the options at this point in order to possibly recover the funds. Our options Do nothing Do fork Do feature Option: Do nothing In the do-nothing-department there actually does exist a way for the funds to be recovered. When a contract is […]

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Even simpler mistake leads to 250M+ USD in ether frozen/lost

Even simpler mistake leads to 250M+ USD in ether frozen/lost A simple bug in the fixed version of the multisig-wallet contract deployed by the ethereum-wallet parity to fix the attack i wrote about in a previous blog-post just caused 250M+ USD in ethers to be frozen/lost. How was this possible? To conserve space on the blockchain the parity-team deployed a contract that other multisig-wallets could call to use functions, much like a library. The problem was that this contract had […]

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