Parity’s $230m of Frozen Funds Could be Unlocked, Founders Claim

[kreslik.news]

Parity Technology’s co-founders Gavin Wood and Jutta Steiner addressed the recent controversy that firm is facing after the loss of more than $230 million worth of Ethereum (at the current price of $449 per ETH) from their wallet.

Steiner assured that the funds were not lost but rather can be released with a protocol upgrade. Parity is also working on a protocol upgrade, and after the scheduled hard fork in the next six months, the customers can access their frozen fund. Steiner reiterated: “There are discussions that the issue could be fixed in a general protocol upgrade…probably in the next ... (read more)