Engaged in Internet security, the Chinese company Qihoo 360 discovered a number of vulnerabilities in the cryptocurrency platform is EOS, which he called “epic”.
According to the news service of the search engine Weibo, some bugs of the platform may also allow hackers to perform remote execution of arbitrary code on the nodes of the EOS and even to gain full control over them.
Qihoo 360 experts say that hackers have the ability to activate the bug with the “malicious” smart contracts. Becoming a part of the block, this smart contract can make vulnerable to attack by all full nodes. In this case, the problem will affect the reserve components, exchanges and nodes wallets.
Team Qihoo 360 has already warned the developers of EOS. In EOS, in turn, said that the official launch of the network may be delayed to resolve the vulnerability. Representatives of Qihoo 360 also made a statement via Weibo that cryptocurrency projects should exercise great caution in matters of security.
Yet EOS still plans to launch its network on 2 June. Thus, the team is a little more than four days (at the time of publication of the material) in order to resolve the problem.
Around the EOS project was a lot of controversy. It’s touted as an improved version of Ethereum — the second crypto-currencies by market capitalization and level of influence. Thus, the EOS team is obliged to promptly remove all detected defects and to prove to others the validity of the chosen course.
Qihoo 360 itself known product line, providing Internet security, among which 360 Safeguard, 360 Mobile Safe, 360 Browsers, etc. In 2014, the company’s products was not less than 640 million users.
Details about EOS can be found in our article the Main advantages and disadvantages of the EOS platform.