tl;dr
Solana contributors disclosed developments leading to a major patch following a vulnerability. The patch, initially confidential, was made public after a majority of the stake had been patched. The public lauded contributors for the swift response. The patch, revealed by a Solana node operator, was ...
Solana contributors disclosed developments leading to a major patch following a vulnerability. The patch, initially confidential, was made public after a majority of the stake had been patched. The public lauded contributors for the swift response.
The patch, revealed by a Solana node operator, was shared publicly after a supermajority of the stake was upgraded. Known members of the Foundation informed the team via private message about the patch, vulnerability, and its application. The public was informed once 70% of the patch was completed.
Users had mixed reactions, with some praising the quick action and others questioning the need for confidentiality. The patch was deemed necessary to avoid potential network compromise.
Laine, a Solana node operator, disclosed the anatomy of a patch on X (formerly Twitter). The public was informed of developments after a supermajority of the stake was upgraded to protect the network. According to Laine, known members of the Foundation informed the team via private message on Aug 7. The message informed of the patch, the vulnerability the network faces, and the time and manner it will be expected to be applied.
Sequel to this, other operators reached out and stressed the need for confidentiality and urgency. On Aug 8, the patch occurred after several messages containing instructions and verification of patch files. The public was informed once 70% was patched as it was judged safe to disclose the developments and vulnerability. Other operators were also charged to upgrade in line with the patch.
The silent patch of Solana has led to divided views although the majority feel it was the right decision to avoid a crypto hack. Kunal Goel, a researcher at Messari, lauded the active community on X for acting quickly without any incidents. However, users raised eyebrows on the need for confidentiality from the onset. Laine explained that the patch exposed the vulnerability and a bad actor could try reverse engineering and halt the network. This could have led to a compromise leading to losses.
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More about Emeren Group Ltd
Emeren Group Ltd, ReneSola Ltd, develops, builds, operates and sells solar energy projects. The company is headquartered in Stamford, Connecticut.
Industry: MANUFACTURING, SEMICONDUCTORS & RELATED DEVICES
Market Cap: 76832000
Dividend Yield: None
EPS: -0.68
PE Ratio: 1.918
52-Week High: -0.127
52-Week Low: 106582000
Price-to-Sales: 4.38
Price-to-Book: 3.42
RSI (14): 0.148