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Author Topic: EOS Forced to Patch 'Epic' Security Loopholes Ahead of Launch  (Read 84 times)
baoavin (OP)
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May 29, 2018, 11:49:41 AM
 #1

Qihoo 360, a China-based internet security firm, says it has notified the EOS blockchain project about "a series of epic vulnerabilities" discovered on its platform.

The firm said in a Tuesday report that loopholes found in the EOS platform could expose nodes on the network to attackers, giving them the ability to execute code remotely and take "full control" of transactions. The firm claims that such an attack could potentially "decimate" the entire cryptocurrency network.

Qihoo 360 went on to explain that bad actors would be able to attack the network by constructing and publishing smart contracts containing malicious code on the EOS mainnet and have EOS supernodes pack them into new blocks.

Subsequently the code would affect all nodes on the network, including those of cryptocurrency wallets and exchanges, letting the attackers gain control of private keys to cryptocurrency transactions.

While EOS has not yet made any public comment on the issue, Qihoo 360 said in another blog update that the project's lead developer, Daniel Larimer, was notified of the issues and that he has since said the vulnerabilities – identified as issue number 3498 on Github – have been fixed.

"If any of these asserts trigger in release it shouldn't pass, but should throw. Allowing the code to continue running in release is a potential security vulnerability and will likely result in crashes elsewhere," Larimer wrote on the Github page.

https://www.coindesk.com/eos-forced-to-patch-epic-security-loopholes-ahead-of-launch/
Road445
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May 29, 2018, 11:55:33 AM
 #2

It's actually a dangerous thing, and it worries me.
If there are still so many bugs after the main EOS network is online, the risk of owning EOS is high.

cryptohunter
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May 29, 2018, 01:14:40 PM
 #3

stick to btc people or learn the hard way eventually

CryptoTamer
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May 29, 2018, 01:55:09 PM
 #4

Lately, most people buy EOS because FOMO the launch of EOS mainnet, they don't realize that bug can threaten the newly launched mainnet.

EOS is a new Blockchain and this project needs a lot of development to make it big, I hope no more high-risk security vulnerabilities after the launch of EOS mainnet
Bittalk12
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May 29, 2018, 02:24:02 PM
 #5

That will bring negative impact to EOS specially on its incoming main net launch. The confidence of most investors who are bullish to grab EOS will be lessen and we might see a single dollar worth of this altcoin by next week if this will be approached negatively who read that article. Well, im pretty sure that EOS team is now making its move to fix this huge issue.
samuellim853
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May 29, 2018, 02:45:03 PM
 #6

I knew something like this would happen haha, that's the main reason I just bought more ETH, I think ETH will scale before EOS is even released.
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