Monero recovers lost funds from ledger change output bug

08 Apr, 2019 | Updated: 09 Apr, 2019
by David Robb
Monero recovers lost funds from ledger change output bug

The Monero (XMR) team has managed to recover the funds that were lost after a recent bug. A handful of users were affected by a vulnerability which prevented wallets from registering transactions.

In a Reddit post, the Monero team described the bug as the "ledger change output bug". A few weeks ago, a vulnerability in the blockchain's code had led to a number of transactions being "erroneously constructed".

Read more: XMR's Riccardo Spagni: "SEC guidance will never really matter to Monero"

The post explains that there are two different transaction public key formats, depending on whether the transaction is sent from a main address or a subaddress. The cause of the lost funds was "essentially that the Ledger Monero code used the first transaction public key format, whereas it should have used the second one. Therefore, the wallet was not be able to decode the change output, because it expected a different format of the shared secret."

Read more: 5 reasons it's not too late to get into crypto37 altcoins that have outperformed Bitcoin in 2019

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is now LIVE in Blockfolio! This is how you receive our latest news in your portfolio tracker!  

Read more about: Monero (XMR)


Zcash or Monero?

(64 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage