Parity Team Was Aware of Multisig Bug but Postponed Implementing Fix


TheMerkle Parity NegligenceThe Parity multisignature issue involving the freezing of Ethereum funds has taken yet another major plot twist. More specifically, the Parity team has acknowledged that they could have easily prevented the freeze but failed to do so. With over 500,000 Ether still locked up in smart contracts, it is evident the company’s negligence was a big factor. How all of this will play out remains to be determined. Parity is Partially at Fault for Frozen Funds It is not entirely surprising to learn that the Parity team knew their multisignature implementation was vulnerable to attack. Many people had suspected as much, even though


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