No special Parity funds unfreeze hard fork planned

One small breach in the system can do a disservice for hundreds of people. The users of Parity service might tell a word or two on this to illustrate the statement: the service error hackers used made an enormous Ethereum sum unavailable to anyone, although those ethers technically still exist. The press called this disaster a freeze, and to unfreeze the lost money, a special protocol upgrade of the whole cryptocurrency has been proposed. But, according to the latest messages, this is not happening.

The news heavily decreases the chances of the users to return their money. The greatest sufferers here are those who, not unlike that Bittrex millionaire, kept their savings on a single service and lost everything.

The Ethereum community, being much bigger than the Parity community, decided that the release of a hard update just because one company was sloppy with its own structure, is not needed. Old news messages and CoinDesk’s chronological reports make clear that the company, in fact, ignored the messages on the breach left by the White Hat-class hacker (such hackers do not harm organizations, telling about the dangers to potential victims instead). This might have influenced the community’s decision as well.