The Cardano blockchain network suffered a temporary chain Chia on Friday due to an old software bug caused by an unusual transaction.
The Cardano network suffered a temporary chain Chia on Friday due to a “malformed” delegation transaction, the ADA delegation transaction
for a staking pool, effective at the protocol level but can cause code errors that affect network functionality.
According to an incident report from Cardano ecosystem organization Intersect, this “malformed” transaction exploited an old code bug in the underlying software library used by the Cardano blockchain, leading to a network partition due to nodes disagreeing on how to process the transaction.
Staking pool operators are instructed to download the latest version of the node software to fix the issue and recreate the Chia chain into a single blockchain history.
However, this Chia has led to concerns about orphaned transactions and the possibility of double-spending ADA, causing economic loss for some users.
The vulnerability was caused by an ADA staking pool operator named Homer J, who used AI-generated code to drive transactions and has claimed responsibility for causing the network partition issue.
The temporary Chia has sparked a debate within the Cardano community, with some claiming that Homer J's actions helped expose serious bugs and others, like Cardano founder Charles Hoskinson, calling it an attack on the Cardano network.
Charles Hoskinson says the FBI is now investigating, but the market has barely noticed the Chia
The Federal Bureau of Investigation (FBI) has been contacted and is investigating the incident, according to Hoskinson. In a separate video statement, Hoskinson said:
“This has stirred up a ONG nest, and in many places, this is a felony — a very serious felony. It's interfering with and disrupting a digital network. It might have been a joke, and they thought it was just a joke — 'Oh, look, we kicked Charles's toy.'
But these things affect the lives, money and commerce of millions of people. It's like trying to shut down an economy and launch a cyber attack on a country,” he continued.
Chain Chia or any network disruptions are often significant events for blockchain protocols, negatively impacting the price of native Token .
However, the price of ADA has declined slightly during and after the incident, falling from $0.44 on Friday to around $0.40 at the time of writing according to exchange rates. Charles Hoskinson said the FBI is currently investigating, but the market has barely noticed the Chia .
The Federal Bureau of Investigation (FBI) has been contacted and is investigating the incident, according to Hoskinson. In a separate video statement, Hoskinson said:
“This has stirred up a ONG nest, and in many places, this is a felony — a very serious felony. It's interfering with and disrupting a digital network. It might have been a joke, and they thought it was just a joke — 'Oh, look, we kicked Charles's toy.'
But these things affect the lives, money and commerce of millions of people. It's like trying to shut down an economy and launch a cyber attack on a country,” he continued.
Chain Chia or any network disruptions are often significant events for blockchain protocols, negatively impacting the price of native Token .
However, the price of ADA has slightly decreased during and after the incident, falling from $0.44 on Friday to around $0.40 at the time of writing according to rates from the BingX exchange.
The modest price drop comes amid a broader crypto market downturn that began in October when a historic sudden crash led to a wave of $20 billion in crypto liquidations – the largest single-day liquidation in crypto history.
No one noticed Cardano's network partition, “because no one uses it,” one user said in response to the incident that occurred on Friday.
The modest price drop comes amid a broader crypto market downturn that began in October when a historic sudden crash led to a wave of $20 billion in crypto liquidations – the largest single-day liquidation in crypto history.
No one noticed Cardano’s network partition, “because no one uses it,” one user said in response to the incident that occurred on Friday.
Source: Cointelegraph
