The Ethereum community has never shown any favor toward the EIP-999 proposal. This proposal was made to bail out Parity after losing $250 million due to a smart contract bug. Ethereum community members clearly rejected this proposal, yet some people are claiming it will still be implemented. EIP-999 Is Not Happening Ever since Parity’s smart […]
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An important Ethereum improvement proposal is being considered right now. Although EIP 999 is somewhat controversial among community members, it seems the majority of the network is in favor of seeing this solution move ahead. There is still a long way to go until we know the final outcome, though. The EIP 999 Vote is in Progress For those unaware of what this EIP entails exactly, it is an effort to address the contract code which is part of the recent Parity screwup. More specifically, a fair amount of money has been frozen in a wallet address due to a bug in the smart