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Cardano experiences chain fork due to format error in delegation transaction, Intersect confirms no user funds lost
Summary: Cardano blockchain split into two chains due to a format error in a delegation transaction triggering a software bug. The transaction was validated on new version nodes but rejected by old version software, causing the network fork. Intersect, the Cardano ecosystem governance organization, reported that this 'toxic' transaction exploited a vulnerability in the underlying software ...
Cardano blockchain split into two chains due to a format error in a delegation transaction triggering a software bug. The transaction was validated on new version nodes but rejected by old version software, causing the network fork. Intersect, the Cardano ecosystem governance organization, reported that this 'toxic' transaction exploited a vulnerability in the underlying software library, dividing the network into a 'poisoned' chain containing the transaction and a 'healthy' chain without it. Co-founder Charles Hoskinson initially claimed it was a 'premeditated attack,' but later a user named Homer J. publicly admitted responsibility, citing negligence in trying to replicate the 'bad transaction' and relying on AI-generated instructions. The user stated no malicious intent and did not profit from it. Intersect confirmed no user funds were lost, with most retail wallets unaffected. ADA token price dropped over 6% due to this incident.
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Link: Cardano experiences chain fork due to format error in delegation transaction, Intersect confirms no user funds lost [Copy]
