The Solana Foundation has confirmed that a zero-day vulnerability that allowed an attacker to potentially mint certain tokens and even withdraw those tokens from user accounts has been fixed. A May 3 post-mortem from the Solana Foundation said that the security vulnerability, first discovered on April 16, could have allowed an attacker to forge an invalid proof affecting Solana’s privacy-enabling “Token-22 confidential tokens.”There is no known exploit of the vulnerability, and Solana validators have since adopted the patched version, the foundation said.
Ethereum wouldn’t fall for the same issue, community member saysEthereum community member Ryan Berckmans slammed claims that Ethereum is subject to the same centralization issues as Solana, pointing out that Ethereum has sufficient client diversity. The most popular Ethereum client, geth, has at most 41% market share on Ethereum, Berckmans said, while noting that Solana has just one production-ready client, Agave.“This means zero day bugs in the single Sol client are de facto protocol bugs.
Related: Bloomberg Intelligence boosts Solana ETF approval odds to 90%Despite the fix, the Solana Foundation's private handling of the issue with Solana validators raised centralization concerns from some in the crypto community. This included a Curve Finance contributor who raised concerns about the foundation’s close relationship with Solana validators.“Why does someone have a list of all validators and their contact details?
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Brayden Lindrea
The story "Solana devs fix bug that allowed unlimited minting of certain tokens" has 637 words across 29 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Solana devs fix bug that allowed unlimited minting of certain tokens" was covered 19 hours ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 29 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
