PIVX is releasing the next installment of its zPIV protocol

With the deactivation of the original version of the zPIV protocol, a new zPIV v2 protocol along with a fresh zPoS algorithm are to be rolled out on April 7
02 April 2018   460

PIVX Zerocoin has announced the launch of its enhanced zPIV protocol on April 7. The original protocol zPIV v1 was deactivated for the preparatory procedure. The users were advised to convert their zPIV v1 into PIV and mint to zPIV v2 after the release. The new version introduces a fresh Proof-of-Stake algorithm. Plainly speaking, the algorithm will allows the users earn staking rewards and remain anonymous at the same time.

Earlier, if the user stakes a cryptocurrency, his balance will be visible to the public. Potentially, using block explorer one can discover the address that is staking coins, the balance and the source address. The new algorithm users who are staking zPIV can stay anonymous and nobody will be able to see how many coins an address is taking. The staking rewards can be further used for staking or spent privately without exposing the sender's address.

The reward distribution has also been reworked: now zPIV stakers will be rewarded with a 50% higher share of the block reward.

As of the moment of the publication, the market indicators for PIVX are as follows:

Average price: $3.88

Market cap: $216,903,895

Volume (24H): $3,090,740

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.