Amazon registered crypto-related domains

Online commerce giant had registered three domain names, related to the cryptocoins; what to expect? 
02 November 2017   3368

The world's largest online retailer and one of the most expensive company Amazon has registered web domains, the names of which consist of the words "cryptocurrency" and "Ethereum". This is reported by DomainNameWire.

Amazon Ethereum domain
Amazon Ethereum domain

The domains names 'amazonethereum.com', 'amazoncryptocurrency.com' and 'amazoncryptocurrencies.com' were registered on October 31, 2017 by Amazon Technologies, Inc. - a division of the global giant of online commerce. The numbers listed in the registration data belong to the legal department of Amazon.

For the time being, it is not yet clear for what purpose these domain names were registered. According to representatives of DomainNameWire, Amazon may, in the long term, intend to create its own crypto currency.

It is noteworthy that back in 2013 the company registered the domain name "amazonbitcoin.com", the redirect from which leads to the main page of Amazon.com.

Previously known American investor, James Altucer said that in the near future Amazon will accept bitcoin as paymentment method. And although his forecast regarding October 26 as the date when this should happen did not materialize, the news about the registration of "crypto-currency" domains makes it necessary to take a fresh look at this situation.

Potentional Vulnerabilities Found in ETH 2.0

Least Authority have found potentional security issues in the network P2P interaction and block proposal system
26 March 2020   1011

Technology security firm Least Authority, at the request of the Ethereum Foundation, conducted an audit of the Ethereum 2.0 specifications and identified several potential vulnerabilities at once.

Least Authority said that developers need to solve problems with vulnerabilities in the network layer of peer-to-peer (P2P) interaction, as well as in the block proposal system. At the same time, the auditor noted that the specifications are "very well thought out and competent."

However, at the moment there is no large ecosystem based on PoS and using sharding in the world, so it is impossible to accurately assess the prospects for system stability.
Also, information security experts emphasized that the specifications did not pay enough attention to the description of the P2P network level and the system of records about Ethereum nodes. Vulnerability risks are also observed in the block proposal system and the messaging system between nodes.

Experts said that in the blockchains running on PoS, the choice of a new block is simple and no one can predict who will get the new block. In PoS systems, it is the block proposal system that decides whose block will fall into the blockchain, and this leads to the risk of data leakage. To solve the problem, auditors suggested using the mechanism of "Single Secret Leader Election" (SSLE).

As for the peer-to-peer exchange system, there is a danger of spam. There is no centralized node in the system that would evaluate the actions of other nodes, so a “malicious" node can spam the entire network with various messages without any special punishment. The solution to this problem may be to use special protocols for exchanging messages between nodes.