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via coindesk.comTech & AI

Solana moves to scrap durable nonces feature used in $270 million Drift hack

FROM THE WIRE · COINDESK.COM

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.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe protocol change could affect custodians that sign offline, with possible effects on the SOL ecosystem.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A draft proposal would end the 'durable nonces' feature no earlier than May 5, 2027.
  2. 02The feature was used in the $270 million Drift hack.
  3. 03Custodians that sign offline will need to rebuild how they move coins.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
SolanaSOLUSDCrypto85.66 USD-0.14%today -0.68%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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