Monero developers warned of the confidentiality of transactions error - Bits Media

The developers of the confidential cryptocurrency Monero announced the discovery of a serious error in one of the selection algorithms, which may affect the confidentiality of transactions.

According to Monero developers on Twitter, Outdoor developer Justin Berman (Justin Berman) He notified the project of the project about the presence of a “significant” error, which can affect the confidentiality of user transactions.

Error, found in one of the selection algorithms, arises, when the user spends the received funds immediately after the end of the blocking period in the first two blocks (About through 20 minutes after receiving money). In this case, there is a probability of that, that the release of a new transaction can be defined as a true transaction.

The project team approves, that the error does not disclose information about addresses or transactions, but money cannot be stolen. This error is still stored in the official code of the monero wallet. Developers recommend users to act as follows, To avoid the impact of the error:

“Users can reduce risks for their confidentiality, After waiting for one hour or longer before a waste of recently received Monero, Until the correction for the error will be added in the future update of the wallet software. To eliminate this error, the network hard for the network is not required ".

In conclusion, the developers noted, that Monero Research Lab and Monero "very seriously" relate to this issue. Users can familiarize themselves with error information on GitHub or Monero forum.

Recall, that in the summer 2019 years, the Monero anonymous cryptocurrency team revealed nine security vulnerabilities, Including, which could allow hackers to steal XMR from exchanges.