Solana moves to scrap the transaction feature used in the $270 million Drift hack
Summary
Solana is considering a proposal to eliminate the durable nonces transaction feature. This potential change follows a major security breach and would require certain custodians to update their offline signing methods.
A draft proposal would end the 'durable nonces' feature no earlier than May 5, 2027, forcing custodians that sign offline to rebuild how they move coins.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.