- Those running Parity nodes are asked to update their clients “ASAP”
- 75.7% of the node operators are ready for Muir Glacier
- Down 92% from ATH, it is still one of the best performers of the decade, with nearly 18,000% gains
Just a day before Ethereum’s latest and unexpected network upgrade Muir Glacier, Ethereum client Parity came under attack.
Parity Ethereum took to Twitter to announce that on investigating the reports of some of the Parity Ethereum nodes not syncing, they came to believe there may be an attack underway.
Reportedly, valid blocks with manipulated directions, added or replaced, caused the client to stall, according to GitHub. Sergio Demian Lerner, a cryptocurrency security consultant, explained:
“The attack is simple: you send to a Parity node a block with invalid transactions, but valid header (borrowed from another block). The node will mark the block header as invalid and ban this block header forever but the header is still valid.”
New versions v2.6.8-beta & v2.5.13-stable have been released that will protect against this attack. As per this upgrade,
“Make sure to not mark block header hash as invalid if only the body is wrong.”
Those running Parity nodes are asked to update their clients “ASAP.”
So basically now that Parity’s Ethereum client is dead, there’s only one client left that is meaningfully deployed, and it’s maintained by a team at the Ethereum Foundation.
But that’s ok, it’s not centralized, because Ethereum 2.0 will be ready in 5 years
— Udi Wertheimer (@udiWertheimer) December 30, 2019
Parties involved were already unhappy with the situation as Ethereum chose New Year’s Day for the upgrade. And now Parity underwent an attack.
Moreover, currently, 75.7% of the node operators are ready for Muir Glacier, as per Ethernodes.org.
When it comes to mining pools, only one, Ethermine is ready while the rest Sparkpool, F2Pool, Nanopool, Zhizhu, and MiningPoolHub still showing ‘no information’.
Earlier this month, the Ethereum network has its Istanbul upgrade and now they are ready for another. Ethereum was forced to have another update (EIP-2387) in less than a month due to a mistake and to delay the difficulty bomb feature that will slow down the Ice Age by about 611 days.
2020 to be the year of Ethereum?
The second-largest cryptocurrency by market cap is currently trading at $131, down 92% from its all-time high of $1,570. Ethereum’s 2019 performance surely has turned negative by 3.50% but it is still one of the best performers of the decade, with nearly 18,000% gains.
For the next year, Ethereum might be in for some good time as it might have hit the bottom.
Freebie from my alts page.
And that ladies and gentlemen may have been the bottom in ETH. May it be a happy and prosperous new year.🥳 pic.twitter.com/TJZW4SNbLe
— dave the wave (@davthewave) December 30, 2019
Trader Crypto Michaël also sees 2020 a good year for Ether as he says, “Each massive breakout of ETH in January showed a significant move.”
Historically, he says Q1 of the year has been a great period for altcoins and their dominance bottoming. So “Let’s rock in Q1 2020!”
2020 will be the year of Ethereum.
— CryptoWolf (@IamCryptoWolf) December 29, 2019