Ethereum (available on Coinbase) [ETH] – Parity Technologies, the developers of the widely-used software that allows a secure interaction with the Ethereum (available on Coinbase) blockchain, has just announced via their company’s Twitter page that their developers have discovered yet another critical bug within their software.

A consensus issue on the public test network Ropsten has revealed a consensus vulnerability. Please update your Parity Ethereum (available on Coinbase) clients to 1.11.3-beta or 1.10.6-stable asap. https://t.co/07O9qOX1Vi
— Parity Technologies (@ParityTech) June 6, 2018

The severity of the bug has been deemed “critical” via their announcement on their blog.

The announcement reads:

“In the worst case, submitting a certain malformed transaction (coming from a 0xfff…fff address) to a mining Parity Ethereum (available on Coinbase) node could have caused that node to produce a malformed block, which would still be treated as valid by other affected Parity Ethereum (available on Coinbase) nodes… In case of such affected nodes providing a majority of hashpower on the net, this could have led to chain split.”

As such, Parity is now urging all of its users to update their software to the newly patched version.