TechFlow news, November 22 — According to Decrypt, the Cardano blockchain split into two chains on Friday after a malformed delegation transaction triggered a software bug. The transaction was validated by nodes running the newer version, but rejected by older software versions, causing the network fork.
The Cardano ecosystem governance organization Intersect stated in its incident report that the "toxic" transaction exploited a vulnerability in the underlying software library, splitting the network into a "poisoned" chain that includes the transaction and a "healthy" chain that does not.
Co-founder Charles Hoskinson initially claimed it was a "premeditated attack," but later an X user named Homer J. publicly took responsibility, admitting negligence while attempting to reproduce the "bad transaction" using AI-generated instructions. The user stated there was no malicious intent and no financial gain obtained.
Intersect confirmed no user funds were lost and most retail wallets remained unaffected. The ADA token price dropped over 6% due to this event.
