Tag Archives: Hard

Parity Will Not Pursue Hard Fork to Unfreeze 500,000 Ether – The Merkle

Ever since the recent Parity bug, people have been wondering how their frozen funds will be rescued. It is evident there is no easy solution to this problem, as the earlier proposal of hard forking Ethereum to roll back the incident has been rejected by the community. This will make it a lot more difficult to […]

Parity Appears To Back Away From Hard Fork Solution

December 16, 2017 5:28 AM Following negative reactions from the Ethereum community, Parity has signaled that it may stop pushing for a hard fork to unlock the 500,000 Ether frozen in some of its wallets. The tech firm Parity may give up on advocating for a hard fork of the Ethereum blockchain as a remedy […]

Parity Technologies Suggests Hard Fork To Release Locked Ether

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Parity Technologies, having suffered a multi-signature wallet bug that froze hundreds of millions of dollars’ worth of Ether, noted ongoing issues with Ethereum in a recent blog suggesting a course of action to rescue the funds. From its very beginning, users of […]

The Only Thing That Will Save $150M In Locked Ethereum Is a Hard Fork

A month after a critical code vulnerability let a random person lock up roughly $150 million worth of other people’s digital money, the company responsible for the flaw finally has a suggestion for how to get that money back. Unfortunately, not everybody’s going to like it. In a blog post on Monday, Parity Technologies announced […]

Parity Calls for Ethereum Hard Fork to Reverse $230 Million Bug

Security Hard forks to reset a cryptocurrency to a previous state can be very contentious, tearing apart communities of supporters into warring factions. Ethereum already underwent such a scenario after the DAO debacle, creating a precedent, and now Parity is asking for a hard fork.  Also Read: A Hacker Gained Access to […]

Parity Proposes Hard Fork to Reclaim Frozen $160 Million

Parity Technologies has just released a proposal for reclaiming its lost funds. In a blog post published soon before press time, the ethereum software company confirmed that a hard fork will be necessary in order to reactivate the $160 million-worth of ether (ETH) that was frozen last month due to a fault in the code. […]

Parity Technologies May Consider Ethereum Hard Fork to Undo Funds Lock-Up

Parity Technologies, the developer of multi-sug wallets for Bitcoin and Ethereum, has issued an update on its investigation over the critical vulnerability that has resulted in 513,774.16 ETH, equivalent to approximately $161 million, being permanently frozen in its wallets. Parity revealed that, while continuing to fix the bug, their efforts to undo the damage have […]

Parity Ponders Hard Fork Fix for 160 Million in Frozen Ether

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Parity Technologies has released an update about their investigation into the multi-signature wallet bug that permanently froze hundreds of millions of dollars worth of ether. Unfortunately for wallet owners, the analysis has not yet revealed any turnkey solutions. Last week, 587 wallets […]

What Happens Now That the Bitcoin Hard Fork Was Canceled?

Quite abruptly, the coalition that had proposed a hard fork for mid-November sent a brief email on November 8 to call off the plan. The battle between members of the bitcoin community seems to have come to an end, although it’s unclear whether the peace will last. For roughly three years, developers, miners, investors, and […]

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