SONM to launch the platform

SONM project is going to launch its Crypto-IaaS livenet on June 30 as a month for public testing of an evaluation build is closing to an end
11 June 2018   1415

SONM project is going to release its Crypto-IaaS platform on June 30. The whole month of June is dedicated to public testing. Active phase of testing will reveal the necessary improvements for the system, and afterwards there will a transfer to the main network becoming operational with real SNM tokens.

The platform currently includes several parts:

  • SONM Core

features Worker, Optimus (autotrade bot), API Node, CLI, DWH, Rendezvous

  • SONM GUI

features Wallet, deposit/withdraw, profiles, purchase, my deals

  • SONM blockchain

features block producing nodes, gates, market smart contract, profiles smart contract, blacklist smart contract

With the livenet launch miners will be able to switch to SONM with no hassle with higher revenue expectations. At the moment of publication, SONM market characteristics are as follows:

Average price 0.150401 USD
Market cap 54,084,200 USD
Volume (24H) 1,044,240 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   964

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.