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Solana devs fix bug that allowed unlimited minting of certain tokens

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Solana developers and validators have swiftly addressed a critical zero-day vulnerability that could have allowed attackers to mint unlimited amounts of certain tokens and withdraw them from user accounts. The flaw, discovered on April 16, affected Solana’s privacy-focused “Token-22 confidential tokens,” which utilize zero-knowledge proofs for private transfers. The issue stemmed from omitted algebraic components in the Fiat-Shamir Transformation’s transcript generation, enabling the potential forging of invalid proofs. Two patches were deployed, and a supermajority of validators adopted them within two days. The Solana Foundation confirmed that no exploits occurred and all funds remain safe.

Despite the prompt fix, the incident has sparked criticism over Solana’s centralization. Some community members expressed concerns about the Foundation’s close coordination with validators, fearing potential collusion or censorship. Solana Labs CEO Anatoly Yakovenko acknowledged the coordination but argued that similar practices exist in other networks, citing Ethereum’s validator landscape. However, Ethereum community member Ryan Berckmans countered, highlighting Ethereum’s client diversity compared to Solana’s reliance on a single production-ready client, Agave. Solana plans to introduce a new client, Firedancer, in the coming months to enhance network resilience and decentralization.

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