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Project Overview
Decred is a hybrid proof-of-work and proof-of-stake (PoW/PoS) cryptocurrency that prioritizes community input, open governance, and sustainable funding for development. Its hybrid consensus and on-chain governance systems ensure that no single group can control the flow of transactions or make changes to Decred without the input of the community.
Approximately 2,077.97 DCR were minted due to a vulnerability, and Decred has decided not to roll back
Odaily News, L1 blockchain Decred stated that between August 16 and 17, its mainnet inflation vulnerability was exploited, resulting in the generation of approximately 2,077.97 DCR. This vulnerability has existed in the consensus code since the mainnet launch in February 2016, stemming from improper handling of edge cases when the regular transaction tree interacts with the stake transaction tree, allowing for double-spending of inputs. The vulnerability was submitted via a bounty program on August 12, but was exploited before a fix could be implemented. Decred has decided not to roll back to minimize the impact on users. The approximately 2,000 DCR minted through this exploit do not affect the 21 million hard cap and are far lower than historical shortfalls in subsidies due to missed votes and other causes, which exceed 215,000 DCR. Currently, the team has developed an additional double-spend monitoring service and plans to improve the emergency upgrade signaling mechanism.
Decred Discovers Security Vulnerability, Advises Users to Pause Voting and Mining
The official Decred X account (@decredproject) issued a security notice stating that a security vulnerability was discovered in the Decred (DCR) network. The patch will be released on the morning of August 18, Eastern Time. For security reasons, users are advised to pause voting and mining operations before completing the upgrade. An announcement will be posted on the official X account immediately after the patch is released.
Approximately 2,077.97 DCR were minted due to a vulnerability, and Decred has decided not to roll back
Odaily News, L1 blockchain Decred stated that between August 16 and 17, its mainnet inflation vulnerability was exploited, resulting in the generation of approximately 2,077.97 DCR. This vulnerability has existed in the consensus code since the mainnet launch in February 2016, stemming from improper handling of edge cases when the regular transaction tree interacts with the stake transaction tree, allowing for double-spending of inputs. The vulnerability was submitted via a bounty program on August 12, but was exploited before a fix could be implemented. Decred has decided not to roll back to minimize the impact on users. The approximately 2,000 DCR minted through this exploit do not affect the 21 million hard cap and are far lower than historical shortfalls in subsidies due to missed votes and other causes, which exceed 215,000 DCR. Currently, the team has developed an additional double-spend monitoring service and plans to improve the emergency upgrade signaling mechanism.
Decred Discovers Security Vulnerability, Advises Users to Pause Voting and Mining
The official Decred X account (@decredproject) issued a security notice stating that a security vulnerability was discovered in the Decred (DCR) network. The patch will be released on the morning of August 18, Eastern Time. For security reasons, users are advised to pause voting and mining operations before completing the upgrade. An announcement will be posted on the official X account immediately after the patch is released.
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Approximately 2,077.97 DCR were minted due to a vulnerability, and Decred has decided not to roll back
Odaily News, L1 blockchain Decred stated that between August 16 and 17, its mainnet inflation vulnerability was exploited, resulting in the generation of approximately 2,077.97 DCR. This vulnerability has existed in the consensus code since the mainnet launch in February 2016, stemming from improper handling of edge cases when the regular transaction tree interacts with the stake transaction tree, allowing for double-spending of inputs. The vulnerability was submitted via a bounty program on August 12, but was exploited before a fix could be implemented. Decred has decided not to roll back to minimize the impact on users. The approximately 2,000 DCR minted through this exploit do not affect the 21 million hard cap and are far lower than historical shortfalls in subsidies due to missed votes and other causes, which exceed 215,000 DCR. Currently, the team has developed an additional double-spend monitoring service and plans to improve the emergency upgrade signaling mechanism.
Decred Discovers Security Vulnerability, Advises Users to Pause Voting and Mining
The official Decred X account (@decredproject) issued a security notice stating that a security vulnerability was discovered in the Decred (DCR) network. The patch will be released on the morning of August 18, Eastern Time. For security reasons, users are advised to pause voting and mining operations before completing the upgrade. An announcement will be posted on the official X account immediately after the patch is released.