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5chdn

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[ my public key: https://keybase.io/5chdn; my proof: https://keybase.io/5chdn/sigs/FholL7IHYje1-KvaYX0Ds_ij7qYaLAONbdII8pvUAdQ ]

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Parity does not run on the EVM, it's a local node processing a local copy of the blockchain. You can create normal accounts which are just private/public keypairs you have full control of without anything "being in the cloud" or "distributed". What you are referring to might be the vulnerable multi-signature wallet itself, which - once deployed - runs on the EVM. And that only affects a fraction of Parity users.

Note, I work for Parity.

The code was reviewed by two other developers and this is the standard procedure for any pull request touching any of our code-base. The mistake that happened here, that security-relevant changes were not highlighted accordingly and should have split out in a different pull request which requires more eyes (sample: https://github.com/paritytech/contracts/pull/48).

Note, I work for Parity.