27 Apr Parity Tech has 'no intention of splitting Ethereum' over 513,000 stranded ETH » Brave New Coin
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The ongoing debate over EIP-999 is one step closer to resolution. On Thursday, Parity Technologies issued a statement saying they have no plans to move forward with the improvement proposal that would result in an Ethereum blockchain split.
The proposed code change would recover the 513,000 Ethereum that were rendered unspendable by a bug in one of the company’s smart contract libraries last November.
The statement, released on the Parity website, emphasizes that the company has no intention of splitting the Ethereum chain, saying:
“Let us make clear: we have no intention to split the Ethereum chain. We plan to continue to work with the community to find a path forward. We have all dedicated a great deal of time and effort to developing the Ethereum ecosystem, and have no intention of harming what we have helped build.”
The EIP-999 dispute
Disagreement over whether or not the chain should split to restore lost funds has provoked fierce debate, raising issues of immutability and…
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