SONM is rolling out crypto-IaaS platform

It's been 5 months since MVP was released and SONM is now preparing to launch a testnet version on May 30
23 May 2018   1290

After a lot of work and refinement of the platform, SONM is launching a new version of its system on May 30. A test network will be active for a month to collect all the necessary feedback, make improvements and then launch the system on a production livenet on June 30.

The complete version will provide IaaS and allow running Docker containers. The live version is dubbed 'Crypto-IaaS' as it provides the nourishing environment for crypto-projects and cryptocurrency payments. Generally speaking, any task could be handled by the system, but due to a significant GPU pool in SONM structure the focus is crypto projects.

SONM IaaS platform provides

  • computational and storage resource (CPU, GPU, HDD, RAM);
  • cost-efficient alternative to cloud services;
  • decentralized computing network;
  • scalability on demand;
  • Docker compatibility

People owning mining equipment, servers and perhaps even data centers are encouraged to join the system with beneficial conditions. At the moment of publication, SONM market parameters are as follows:

Average price 0.233665 USD
Market cap 84,025,934 USD
Volume (24H) 3,182,480 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.