BANCA platform to release CoinAI

A cryptocurrency community platform BANCA is rolling out CoinAI on May 31 for crypto forecast modelling
21 May 2018   1484

BANCA is a new type of cryptocurrency based community platform that manages the community with big data and AI technologies. The platform has announced the launch date of its seed application CoinAI on May 31.

The application will be of Alpha version. It is going to provide quantitative predictions for digital tokens made available on Secondary Market Division. Also, the application will allow thorough analysis of digital tokens, reveal inherent risks and model future trends based on AI and big data smart beta market timing models.

CoinAI in-depth analysis tool

At the moment of publication, BANCA market parameters are as follows:

Average price 0.004581 USD
Market cap 53,589,823 USD
Volume (24H) 1,886,760 USD

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   202

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.