Security Alert: Ethereum Constantinople Postponement

by crypto journalist

The Ethereum Core Developers and the Ethereum Security Community were made aware of the potential Constantinople-related issues identified by ChainSecurity on January 15, 2019. We are investigating any potential vulnerabilities and will follow with updates in this blog post and across social media channels.

Out of an abundance of caution, key stakeholders around the Ethereum community have determined that the best course of action will be to delay the planned Constantinople fork that would have occurred at block 7,080,000 on January 16, 2019.

This will require anyone running a node (node operators, exchanges, miners, wallet services, etc…) to update to a new version of Geth or Parity before block 7,080,000. Block 7,080,000 will occur in approximately 32 hours from the time of this publishing or at approximately January 16, 8:00pm PT / January 16, 11:00pm ET / January 17, 4:00am GMT.

What You Need To Do

If you are a person who simply interacts with Ethereum (you do not run a node), you do not need to do anything.

Miners, Exchanges, Node Operators:

Update your Geth and/or Parity instances when they are released.

These releases are not released yet. We will update this post when they are available.

Links and version numbers and instructions will be provided here when they are available.

We expect to have updated releases in 3-4 hours from the time this blog is published.

Downgrade to Geth 1.8.19, OR

Remain on 1.8.20, but use the switch ‘–override.constantinople=9999999’ to postpone the Constantinople fork indefinitely.

Downgrade to Parity Ethereum 2.2.4-beta (not recommended)

Everyone Else:

Ledger, Trezor, Safe-T, Parity Signer, WallEth, Paper Wallets, MyCrypto, MyEtherWallet and other users or token holders that do not participate in the network by syncing and running a node.

You do not have to do anything.

You may choose to examine the analysis of the potential vulnerability and check your contracts.

However, you do not have to do anything as the change that would introduce this potential vulnerability will not be enabled.

The article by ChainSecurity dives deep into the potential vulnerability and how smart contracts can be checked for the vulnerability. Very briefly:

EIP-1283 introduces cheaper gas cost for SSTORE operations

Some smart contracts (that are already on chain) may utilize code patterns that would make them vulnerable to a re-entrancy attack after the Constantinople upgrade took place

These smart contracts would not have been vulnerable before the Constantinople upgrade

Contracts that increase their probability to being vulnerable are contracts that utilize a transfer() or send() function followed by a state-changing operation. An example of such a contract would be one where two parties jointly receive funds, decide on how to split said funds, and initiate a payout of those funds.

How was the decision to postpone the Constantinople fork was made

Security researchers like ChainSecurity and TrailOfBits ran (and are still running) analysis across the entire blockchain. They did not find any cases of this vulnerability in the wild. However, there is still a non-zero risk that some contracts could be affected.

Because the risk is non-zero and the amount of time required to determine the risk with confidence is longer the amount of time available before the planned Constantinople upgrade, a decision was reached to postpone the fork out of an abundance of caution.

Parties involved in the discussions included, but were not limited to:

8:09am PT

8:11am PT

8:52am PT

8:52am PT – 10:15am PT

10:15am PT – 12:40pm PT

1:30pm PT

This article was put together in a collaborative effort by EvanVanNess, Infura, MyCrypto, Parity, Status, The Ethereum Foundation, and the Ethereum Cat Herders.

This content was originally published here.

Share this article

Leave a comment

Your email address will not be published. Required fields are marked *

twelve + 8 =