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Iron Fish ends support after 2019 bug enables double-spending

By Lawrence Mondal

Iron Fish has announced an end to all remaining network support after uncovering an inflation bug dating back to early 2019 that allowed an attacker to spend the same shielded funds repeatedly and exit through the ChainPort bridge. According to…

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Inflation

The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.

When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.

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