EOS Co-Founder Offers $10,000 Reward For Spotting Every Critical Flaw in Network

  • Yuri Molchan
    📰 News

    EOS announces a bounty for every dangerous bug on the Blockchain


EOS Co-Founder Offers $10,000 Reward For Spotting Every Critical Flaw in Network

Daniel Larimer, chief technical officer of the popular crypto platform, promised $10,000 to attentive users who spot any incorrect performance of smart contracts on EOS or for finding vulnerabilities that may get the software to misperform.

Larimer is known as the creator of the digital currency platform BitShares and as the co-founder of Blockchain social platform Steemit.

Crypto community’s reaction

Responding to this offer, the founder of Litecoin (LTC) platform Charlie Lee ironically expressed his doubt regarding the ability of EOS to perform properly, especially due to the fact that its team had failed to see the deadly vulnerabilities in the mainnet code. The ones that the Chinese company Qihoo 360 found yesterday.

According to the report, those bugs could let attackers execute arbitrary code on any EOS node, and this might give them a chance to take over all the nodes of the platform.

Bugs detected on time

The Chinese cybersecurity giant contacted the EOS team immediately, and the latter got down to fixing the problems saying that the mainnet will not be launched until the network is debugged. Fortunately, the bug was eliminated within a few hours.

Daniel Larimer has reminded users that the mainnet will be launched June 2 and that they still have the time to register their wallets to avoid getting their EOS balances frozen.

Cover image via u.today
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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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Satoshi Nakamoto Is Back, and He’s Just Revealed the Best Thing Since Bitcoin White Paper

  • Alex Dovbnya
    📰 News

    👑👈Ok, there is a great possibility that the real Satoshi has nothing to do with it, but can we just have some fun?💪😄


Satoshi Nakamoto Is Back, and He’s Just Revealed the Best Thing Since Bitcoin White Paper

Satoshi Nakamto, the most famous name in crypto that belongs to the anonymous creator, makes headlines again after two of his books popped up on Amazon out of the blue, Hard Fork reports.

While it might seem like a well-elaborated trolling attempt, this initiative actually serves a serious purpose.  

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Bitcoin, colorized

If the original Bitcoin white paper seems way too overwhelming for you, The Official Bitcoin Coloring Book could be a good start.

According to the description, the book offers you a relaxing experience that will help you realize the “tremendous potential” of Bitcoin.

However, the fun doesn’t stop there – the Amazon Satoshi also claims that he had hidden a Bitcoin treasure online, and this book will provide the necessary clues (of course, you shouldn’t take these words at their face value).

The books are also accompanied by hilarious reviews.

The book reviews
the biggest names share their take on Satoshi’s new book, image by Amazon

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Frivolous about serious

Wave and Ripple Design Book, the other book offered by Satoshi, is less exciting since (as the name suggests) it is actually a selection of Mori Yuzan-inspired wave and ripple designs that are completely unrelated to Bitcoin, Waves, Ripple, or anything crypto. Like, what’s the purpose?

As the author states, they all the proceeds from these books will go to charitable causes.

He is donating 100% of his book royalties to support STEM and environmental education programs serving underprivileged youth.

However, we are yet to find out anything about his real identity.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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