Bytecoin to release High Load Resistant feature

Bytecoin released an updated roadmap and revealed the High Load Resistant feature to be rolled out on July 23
01 July 2018   1070

With an updated version of the project development, Bytecoin announced the High Load Resistant release scheduled for July 23. The improvement follows the release of a new stable API. It will be an integral guard mechanism, a payment queue, that is capable of maintaining high load instances on the network. With that said, the transactions that are moved from the pools in the process do not get lost. Another feature is an improved wallet cache that will aid the blockchain scanning performance.

Bytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. The project's mission is to develop a new financial system, more efficient than the existing ones, i.e. providing all the same functions at less cost for the users. Price-wise, Bytecoin (BCN) indicators at the moment of publication are as follows:

Average price 0.003005 USD
Market cap 552,627,674 USD
Volume (24H) 17,234,000 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   1039

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.