The Ethereum Foundation, the organization that supports the blockchain with the same name, said the recent Berlin hard fork that tinkered with "gas" prices and allowed new transaction types on the blockchain also fixed a longstanding "clear and present danger" to the platform.
- The flaw, which left the protocol vulnerable to attack, was an "open secret" in the Ethereum community and had been known about since October 2019, the foundation said in its blog post disclosing both the problem, and that it has now been fixed.
- The foundation said it's disclosing the now-fixed vulnerability in the interest of transparency.
- "We estimate that the threat is low enough that transparency trumps, and it's time to make a full disclosure about the works behind the scenes," the foundation wrote.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.