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Solana Fixes Confidential Token Vulnerability, Sparks Centralization Debate

  • Solana Foundation has fixed a bug affecting Token-2022 and ZK ElGamal Proof that could have allowed unauthorized minting by attackers.
  • The bug was discovered on April 16, impacting the privacy of the blockchain platform's Token-22 confidential tokens, but has since been resolved.
  • No known exploits have been reported, and Solana validators have adopted the patched version to address the issue, which primarily affected Token-2022 and ZK ElGamal Proof programs.
  • After encountering the bug, Solana validators implemented the patches, sparking debates about centralization concerns within the crypto community due to the close relationship between the Foundation and validators.

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