Chainlink addresses controversy over multisig wallet signer changes
Chainlink, a decentralized oracle network, has come under scrutiny for altering the security measures of its multi-signature ( multisig ) wallet . Crypto researcher Chris Blec was one of several users on X (formerly known as Twitter) who criticized Chainlink for discreetly lowering the number of necessary signatures on its multi-signature wallet from a 4-of-9 configuration to 4-of-8. The 4-of-8 multisig configuration serves as a security protocol, requiring at least four out of eight signers to approve a transaction. In a Sep. 24 post, Blec highlighted a message from a pseudonymous user revealing that a wallet address had been quietly removed from Chainlink’s multisig wallet without any formal communication from the company. Chainlink multisig has removed a signer and is now a 4-of-8 multisig. This multisig can change *any* Chainlink price feed to provide *any* price that it wants it to provide. Completely centralized under this multisig. https://t.co/GOAtJXShIV — Chri...