Rocket Pool delays launch after vulnerability discovered by rival

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Betting provider Eth2 Rocket Pool has delayed the launch after discovering a possible exploit in the protocol’s code.

On October 6, Rocket Pool announced a delay while the team implements a fix for the bug. Rocket Pool tweeted that “relatively minimal” changes are required to address the vulnerability and that a new launch date will be announced soon.

Rocket Pool was notified of the vulnerability by Dmitry Tsumak, founder of rival company StakeWise. After Rocket Pool confirmed the bug’s validity, the two teams announced another Eth2 investment project, Lido, that the vulnerability also posed a threat to the protocol.

Lido acknowledged the bug via Twitter on October 5 and proposed a vote to lower the voltage limits for all node operators in an effort to reduce protocol risks. Lido described the potential impact of the exploit as “low,” adding that “the vulnerability can only be exploited by existing Lido node whitelist operators.”

“A long-term solution is being developed in parallel and more information will be available when it is out of draft,” the team added.

StakeWise has publicly announced Tsumak’s role in identifying and reporting potential exploitation by its competitors, saying, “Even with our competitors, the more secure we are together, the stronger the entire ETH2 investment ecosystem becomes.” Rocket Pool also tweeted about its commitment to securing the global network.

Eth2 Storage Services
Since the Ether deposited in the Ethere2 investment contract cannot be canceled until the next Ethereum merger is completed, many investors have turned to the floating investment service providers. Staking on the liquid allows the use of tokens that represent the value of the assets deposited in decentralized finance without the need to split the underlying assets. Eth2 betting services also allow users with at least 32 ETH to play in the pools.

About it: Investing in Ethereum 2.0, Explained

According to StakingRewards, Eth2 is currently the third largest Proof-of-Stake network with a stake of $27.3 billion, despite only 6.55% of the supply being blocked.

In contrast, more than 70% of the circulating supply of the two largest networks of invested capital is blocked, with $60 billion Solana (SOL) and $51 billion Cardano (ADA) (ADA) currently at 77% and 70%. … .5% of the supply of projects is in circulation.

Source: CoinTelegraph

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