Cryptocurrency

31/05/19 09:56 UTC-4

Unplanned Cosmos cryptocurrency hard fork: vulnerability exclusion

Cosmos hard fork due to vulnerability
Cosmos hard fork due to vulnerability

On May 31, an unscheduled hard forkFork
– is the intentional use of one code base of a software project to start another. That is, changing the blockchain code to split it into two.Details
took place in the Cosmos cryptocurrency network. It happened due to the discovery of the vulnerability of the coin’s blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
network. Cryptocurrency developers, Tendermint, reported on the successful elimination of the error.

 

Cosmos Hard Fork 

Today, the Cosmos cryptocurrency developers announced the successful unscheduled network hard fork due to a vulnerability. This was reported on the company’s Twitter and in the official blog.

Interesting in the section: Confrontation of bitcoin and Bitcoin cash

Vulnerability was discovered two days ago. According to the comments of the developers, the error was "critical", that is, one that could damage the network.

In addition, the report stated that the vulnerability threatened the Proof of Stake system and could facilitate the theft of coins. Hard fork occurred on block No. 482100 with the 100% support of network validators.

In addition, the Tendermint team also stated that the damage was detected in CosmosSDK. CosmosSDK is a tool for free creation of applications in the Cosmos network (Golang programming language). Detailed information has not yet been released, but the technical council promised to publish all the vulnerability data in 5-7 days.

"A critical security vulnerability was discovered in CosmosSDK two days ago. (...) All nodes are recommended to be updated to the latest version." – Tendermint, Twitter.

Unplanned Cosmos hard fork helped to eliminate vulnerabilities. Let us remind you that the countdown to hard fork in the Litecoin network has begun. 

Editor: Godfrid Brower

See also: "BTC developers offer new protocol to make network more efficient and secure"

#Cosmos #cryptocurrency #error #hardfork #Cosmos vulnerability #cryptocurrency #blockchain

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