Newly found Monero bug may impact transaction privacy, developers warn
Monero developers are working on a software fix for a newly identified bug that may expose the occurrence of an output transaction made right away after receiving funds. Developers of privacy-oriented cryptocurrency Monero (XMR) have identified a bug that could potentially impact users’ transaction privacy.On Monday, the official Monero Twitter account warned users of a “rather significant bug” that has been spotted in Monero’s decoy selection algorithm, a system designed to hide real output transactions among 10 decoys in a ring.First identified by software developer Justin Berman, the....
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The developers of Monero (XMR) recently discovered a bug capable of exposing transactions of its users. Even though the team is working to fix it, they have announced that users’ privacy is at risk as long as the bug remains. The Monero team made this announcement through their official Twitter account. They called it a “significant bug,” which they claim to have discovered in the crypto’s “decoy selection algorithm” This algorithm is a system that the network uses to hide output transactions within 10 decoys. A Brief About The Bug History The developer who discovered this....
A “significant” decoy selection bug has been reported for Monero via the project’s official Twitter handle. According to the investigation, carried out by software developer Justin Berman, the bug “may impact your transaction’s privacy” during a brief window of time after funds have been received. If users spend funds immediately following the lock time in the first 2 blocks allowable by consensus rules (~20 minutes after receiving funds), then there is a good probability that the output can be identified as the true spend. Monero Research Lab clarified....
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