RE: Newbie Hacks Ethereum Parity Wallets for $150 Million.

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Newbie Hacks Ethereum Parity Wallets for $150 Million.

in ethereum •  7 years ago 

Exactly what portion of Eth users are/would be effected by this? I dont use ETH much, only when necessary in trades and even then I just use a Jaxx wallet. So I'm not really familiar with how interconnected this Parity wallet thing is within the ETH ecosystem.

Maybe you could explain?

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its a wallet for multi sig contracts usually ICOS for more details check there site https://paritytech.io/

A Chunk of Ethereum, Already Connected With Tokens, Will Not

be moving until the developers of the parity wallet code (which was used to issue the tokens) fix their issue and unlock the tokens.

In Short

the ethereum which was already locked away for use as tokens, is still locked away for use with tokens. The parity wallet team needs to figure out how to get things moving again.

Go Be Awesome! :)

Funds are trapped and parity team dont know if can be fixed