This article was first published on vergecurrency - Medium
Update to the story: to add that our block explorer is back online, with the correct chain: https://verge-blockchain.info/
After a harrowing two days.
Malicious actors have tried to re-org the blockchain, The attack started late last night. Within the core team, work had begun to figure out what happened.
updated this story: to add that our block explorer is back online, with the correct chain: https://verge-blockchain.info/
A few, hours later, many exchanges and wallets stopped accepting inbound and outbound transactions.
Throughout the entire day, the dev team and a miner worked hand in hand to release a hot patch and work on future update to prevent this from happening again.
Here is an explainer of what the attacker tried to do, and failed : Note : this is a layman explanation and doesn’t reflect the actual attack vector, rather one of the possibilities.
As the chain was unstable during the attack, everyone should check their transactions have been written correctly to the working chain.
For more info on what is a re-org read this here: https://blog.honeyminer.com/whats-a-blockchain-reorg/
Thanks specifically to discord user.
Alex & the Verge community.
To keep reading, please go to the original article at:
vergecurrency - Medium