icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Solana Patches Critical Vulnerability in Privacy Token System

Coin WorldMonday, May 5, 2025 5:58 am ET
1min read

Solana, a prominent blockchain network, recently addressed a critical vulnerability in its privacy-focused token system. The flaw, if exploited, could have allowed malicious actors to forge zero-knowledge proofs and perform unauthorized token minting or withdrawals. The issue was disclosed on April 16 via a GitHub advisory posted by Anza, a Solana development team, along with a working proof-of-concept. Engineers from Anza, Firedancer, and Jito promptly confirmed the issue and began remediation efforts, according to a post-mortem published on Saturday.

The vulnerability was traced to the ZK ElGamal Proof program, which validates zero-knowledge proofs (ZKPs) used in Solana’s Token-22 confidential transfers. These token extensions are designed to enable privacy-preserving transactions by encrypting token balances and using cryptographic proofs to validate transfers. Zero-knowledge proofs allow users to prove the validity of a transaction without revealing sensitive information, such as the amount or recipient address. However, a key algebraic component was missing from the hashing process used in the Fiat-Shamir transformation, creating a potential backdoor where sophisticated attackers could craft fake proofs that would be mistakenly accepted by the on-chain verifier. Such an exploit could have enabled unauthorized minting of tokens or withdrawals from wallets without permission. Fortunately, the vulnerability did not affect standard SPL tokens or the main Token-2022 logic.

Private patches were quickly distributed to validator operators on April 17, with a second patch released later that day to address a related issue. External security firms Asymmetric Research, Neodyme, and OtterSec reviewed the fixes. By April 18, the majority of validators had implemented the patch. According to Solana’s post-mortem, there is no evidence the flaw was ever exploited, and all user funds remain safe.

This incident highlights the importance of robust security measures in blockchain networks. The swift response from Solana’s development teams and the thorough review by external security firms demonstrate the network’s commitment to maintaining the integrity and security of its platform. The resolution of this vulnerability underscores Solana’s proactive approach to addressing potential threats and ensuring the safety of user funds. The network’s ability to quickly identify and fix critical issues is a testament to its resilience and reliability in the ever-evolving landscape of blockchain technology.

Comments

Post
Refresh
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App