Kin Foundation is launching its ecosystem with the native SDK

Kin is on schedule with the release of its ecosystem SDK on March 31 with enabling developers seamlessly test out the transactions on the main-net
28 March 2018   858

Kin Foundation has announced its ecosystem rollout date of March 31. The stage is also called a "5-minute" Ecosystem SDK with integrated on-boarding and marketplace experiences. The product is going to run on Stellar blockchain. And it will the first iteration of the continuous improvement and upgrade of the system. As the team studied the Kik points and IPLV1, this first Stellar SDK will include an on-boarding service and out-of-the-box earn and spend opportunities, so that the users can easily start their everyday earning and spending with Kin.

The project aims to create an "experience-as-a-service" solving 2 major areas of the user experience: a complete package with digital services with no need to interact with the blockchain directly and the exposure to Kin token right from the start of client usage. As for the coming steps of the development of the platform, it is as follows:

  • 5-minute SDK Marketplace for “out-of-the-box” earn/spend;
  • Native APIs for earn/spend or P2P transactions;
  • A gradual growth of active users within digital service partners and supporting large scalability;
  • Additional earn/spend marketplace experiences;
  • Advanced wallet functionality (backup, transfers).

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

Average price: $0.000178

Market cap: $134,385,000

Volume (24h): $321,228

Ethereum VM May Have Vulnerability

The vulnerability is reported by NettaLab Twitter account
12 November 2018   65

On November 9, a statement appeared in Netta Lab’s Twitter account that the organization discovered a vulnerability in the Ethereum virtual machine that allows to execute smart contracts endlessly without paying for gas online. The researchers also allegedly turned to the operator of the American database of vulnerabilities, where they registered the corresponding discovery.

Netta Labs discovered an Ethereum EVM vulnerability, which could be exploited by hackers. The vulnerability can cause smart contracts can be executed indefinitely without gas being paied.
 

Netta Lab's Twitter

At Netta Lab's request, Google demonstrates the site of the netto.io project, which specializes in auditing smart contracts under the Netta Lab brand, but the Twitter accounts of the projects do not match. Note that the profile that reported the vulnerability was registered in November.

Many users expressed doubts about the authenticity of the information that appeared, but then the creator of the NEO project Da Hongwei said that he spoke with the CEO of Netta Labs and asked the researchers to audit the NEO virtual machine.

Nevertheless, Vitalik Buterin wrote on Reddit that this is a vulnerability in the Python-implementation of the virtual machine, which was first reported on GitHub 9 days ago. This means that the main clients (go-ethereum; parity and cpp-ethereum) are not affected.