On-Chain Bookkeeper Miscalculates the Accounts: Core DAO Announces an Emergency Hard Fork
The incident stems from a batch of validators receiving rewards that were far higher than what the protocol’s rules set. It was revealed on Monday. At the time, the official statement only mentioned that a small number of validators were involved, and the amounts were well beyond the designed token issuance schedule.
The latest official position is that the issue has been contained. Malicious validators can no longer “farm” extra rewards. The hard fork is described as a forward upgrade—no rollback of the network, and no revocation of any already confirmed transactions. Users’ assets are said to be safe end to end.
Only the reward distribution mechanism was affected. After the incident, multiple exchanges immediately paused deposits and withdrawals. Until the on-chain explanation is clarified, they wouldn’t speculate further. However, how much was overpaid, how long it lasted, and where exactly the flaw occurred—officials said nothing at all. Everyone is waiting for the subsequent technical post-incident report to reveal the full details.
To be fair, when centralized systems get the accounting wrong, it usually turns into audit disputes and court summons. On-chain, the response can be much more straightforward: if a rule has a gap, upgrade the rule, “weld the loophole shut,” and show the entire fix transparently on-chain. The speed and effectiveness of this kind of remediation is hard for traditional finance to match.
But don’t get too comfortable. If validators could extract excessive rewards, it means there’s still a gap in the mechanism. Today it was rewards; tomorrow could it be something else? No one dares to promise otherwise. So people are waiting on the post-mortem report—and, as a bonus, to see what the token price will say with its next move as it faces this “operation.”
One more thing: after the incident, there was no panic stampede in the token price. The market’s first reaction was to wait for the details to be clarified. People seem to be gradually getting used to this on-chain patch-and-repair style. The truly valuable information, however, is the vulnerability itself—outlined in the post-mortem report.
Do you think the hard fork is a safeguard for decentralized networks, or an underlying risk? Discuss in the comments.
Every day, I’ll keep you updated on on-chain hotspots—not just what happened in the news, but also the logic and opportunities behind it 👀🚀
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#CoreDAO #硬分叉 #链上安全
The incident stems from a batch of validators receiving rewards that were far higher than what the protocol’s rules set. It was revealed on Monday. At the time, the official statement only mentioned that a small number of validators were involved, and the amounts were well beyond the designed token issuance schedule.
The latest official position is that the issue has been contained. Malicious validators can no longer “farm” extra rewards. The hard fork is described as a forward upgrade—no rollback of the network, and no revocation of any already confirmed transactions. Users’ assets are said to be safe end to end.
Only the reward distribution mechanism was affected. After the incident, multiple exchanges immediately paused deposits and withdrawals. Until the on-chain explanation is clarified, they wouldn’t speculate further. However, how much was overpaid, how long it lasted, and where exactly the flaw occurred—officials said nothing at all. Everyone is waiting for the subsequent technical post-incident report to reveal the full details.
To be fair, when centralized systems get the accounting wrong, it usually turns into audit disputes and court summons. On-chain, the response can be much more straightforward: if a rule has a gap, upgrade the rule, “weld the loophole shut,” and show the entire fix transparently on-chain. The speed and effectiveness of this kind of remediation is hard for traditional finance to match.
But don’t get too comfortable. If validators could extract excessive rewards, it means there’s still a gap in the mechanism. Today it was rewards; tomorrow could it be something else? No one dares to promise otherwise. So people are waiting on the post-mortem report—and, as a bonus, to see what the token price will say with its next move as it faces this “operation.”
One more thing: after the incident, there was no panic stampede in the token price. The market’s first reaction was to wait for the details to be clarified. People seem to be gradually getting used to this on-chain patch-and-repair style. The truly valuable information, however, is the vulnerability itself—outlined in the post-mortem report.
Do you think the hard fork is a safeguard for decentralized networks, or an underlying risk? Discuss in the comments.
Every day, I’ll keep you updated on on-chain hotspots—not just what happened in the news, but also the logic and opportunities behind it 👀🚀
Click the link below to follow me 👇🏻
👉 加入小恐龙粉丝群
#CoreDAO #硬分叉 #链上安全
