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Tag: Parity

Major Bug in the Parity Ethereum Client Could Have Caused the Mainchain to Split

Category: Altcoins, Blockchain, Ethereum, News, Tech

Major Bug in the Parity Ethereum Client Could Have Caused the Mainchain to Split

Another bug has been discovered in the Parity Ethereum client according to a blog post made by the developers on June 6, 2018. Reacting swiftly to the development, the technical staff have already released a patch and fixed binaries for users to download. The bug would result in nodes falling out of sync with the network. Critical Vulnerability in Parity…

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55 Percent Against Ethereum’s Parity Wallet from Returning “Locked-Up” Ether

Category: Ethereum, News

55 Percent Against Ethereum’s Parity Wallet from Returning “Locked-Up” Ether

After a single buggy smart contract in the Parity Ethereum wallet locked-up 600,000 ETH in November 2017, the ongoing GitHub debate raised in the Ethereum Improvement Proposal (EIP) 999 is heating up. Smart Contracts Not Completely Bug-Free The wallet was infiltrated “accidentally” by GitHub user ‘devops199,’ who found out that a bug in the smart contract could be exploited to…

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WFP’s Ethereum Project Successfully Serves 100,000 Refugees, Now Aims Even Further

Category: Blockchain, Ethereum, Finance, News

WFP’s Ethereum Project Successfully Serves 100,000 Refugees, Now Aims Even Further

The United Nations World Food Programme (WFP) has employed the blockchain technology to combat the biggest global issue – feeding the hungry. The ‘Building Blocks’ project uses Ethereum’s blockchain technology, which it considers to be a very efficient, to reach out to the needy around the globe. The WFP is known as the largest humanitarian organization in the world. WFP…

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Ethereum Developers in Heated Debate Concerning Fund Recovery Proposal

Category: Commentary, Ethereum, News, Tech

Ethereum Developers in Heated Debate Concerning Fund Recovery Proposal

There have been countless cases of crypto wallet hacks that have often led to the loss of enormous amounts of funds. At current, Ethereum developers are at crossroads concerning the fund recovery proposal EIP 867. This improvement could enable stolen funds to be returned to their rightful owners after being taken. A Gathering of Developers Some Ethereum senior programmers are calling…

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Thanks to another Bug in Parity, a User Accidentally Freezes up to a Million of other People’s Ether

Category: Ethereum, News, Tech

Thanks to another Bug in Parity, a User Accidentally Freezes up to a Million of other People’s Ether

Lightning never strikes in the same place twice? No way! After a Bug in the multisig contract of Parity caused Ethereum users to lose around $30 million in July, history repeats itself; another bug freezes ether with a value of $150-300 million on November 7. As often with Ethereum, it is not so easy to understand what just happened. Parity…

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Ethcore Pushes Forward with Parity Upgrade and Multichain Framework “Polkadot”

Category: Ethereum, News, Tech

Ethcore Pushes Forward with Parity Upgrade and Multichain Framework “Polkadot”

After Geth, Parity is the most important Ethereum Client. The 1.4 release introduces two groundbreaking upgrades; the Warp synchronization and its own graphical interface. Both are big steps for Ethereum’s path to mainstream adoption. And as if this was not enough, Ethcore, the company behind Parity, announces Polkadot, a “Multi Chain Framework.” Some software releases come without warning but excite…

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