Solana Moves to Scrap the Transaction Feature Used in the $270 Million Drift Hack
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5 Articles
Solana moves to scrap the transaction feature used in the $270 million Drift hack
ChainCatcher reports that, according to CoinDesk, Solana developers have proposed abolishing the persistent nonce transaction feature. This mechanism was used in the April attack on the Drift trading protocol, resulting in losses of at least $270 million. The proposal still requires technical approval and is expected to take effect on the mainnet no earlier than May 5, 2027. Persistent nonces allow signed transactions to remain valid indefinitel…
After Drift hacking, with losses estimated between USD $270 million and USD $285 million, the Solana Foundation proposes to withdraw the durable nonces. The transition seeks to keep the signature offline through alternatives in the protocol layer. The Foundation expects to withdraw the function about six months after the alternative is ready, although implementation and migration details still need to be defined.
Illustrative image Photo: PexelsAnza's proposal would remove the durable nuncio, a mechanism used in the $ 270 million attack on Drift
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