Tezos Bug to Slow Down the Network in 20 Times

The issue looks fixed now and Tezos network works in the standard transmission mode
25 September 2018   1773

In the main network of the Tezos block project, a bug was discovered one week after its official launch. According to tzscan.io, on August 24, due to the vulnerability, the release time of the blocks increased from 1 to 20 minutes.

Tzscan.io
Tzscan.io

The user of the service for hosting IT projects GitLab under the nickname "Jérémie" reported on block freezing for 45 minutes. Later in Riot chat he learned that developers are aware of the problem and they are working on its solution.

Bug between the baker and the node. The two communicate over json but the json serializer incorrectly handled some control characters. Immediate fix was to patch the serializer. Medium term fix is that the baker and node really should communicate using the binary RPCs instead.
 

murbard at Reddit

Soon after the discovery of the bug, one of the developers posted an urgent fix at GitHub, which was proposed to be installed by all the bakers. Currently the Tezos network operates in normal mode, and the units are released every minute.

As of September 25, 08:00 UTC network of Tezos worked in the standard transmission mode - 1 block per 1 minute

SEC to Unveil New List of Probable TON investors

One investor in this list is a ex-member of the managing board of the Bitcoin Foundation and partner of Ribbit Capital Mayer Malka
27 January 2020   489

Some names of large investors and the names of investment companies that could take part in the $ 1.7 billion token sale of the Telegram blockchain project became known, CoinDesk reportes with reference to documents issued by the US Securities and Exchange Commission (SEC) in the framework of the current proceedings.

One such investor is a former member of the managing board of the Bitcoin Foundation and partner of Ribbit Capital, Mayer Malka. He during the testimony at the beginning of the month mentioned Telegram CEO Pavel Durov.

Answering a question about whether Telegram is known for investors who can take on the role of validators in the TON PoS blockchain, Durov said:

We didn't put together a separate list of the purchasers who we would assume have experience in validating other networks, although it was obvious that certain investors… such as, for example, Micky Malka that we have discussed earlier, might… have experience in these processes of validation or at least were closely affiliated with parties that had experience in such processes.

 

Pavel Durov

Telegram CEO

In addition, Telegram Vice President Ilya Perekopsky, in one of his reports, named David Jan, the founder of ABBYY, a linguistic solutions development company, among potential investors. According to the correspondence published by the SEC, Ian asked Perekopsky if he could get an allocation in the ICO if he contacted Telegram directly without intermediaries in January 2018. “100 percent,” replied Perekopsky.

Also, TON investors could become the American funds Kleiner Perkins, Fortress, Draper Dragon, Dragoneer, DRW Holdings and Redpoint. This follows from the testimony declarations affixed by the SEC to the recent petition. In eight declarations, TON investors explain what prompted them to purchase Gram tokens. Company names have been removed from all documents, but they have remained in the file names. Sources familiar with the situation confirm that they really could take part in the ICO.

Most of the witnesses interviewed by the SEC indicated that they were interested in the possibility of supporting the Telegram project in the ICO TON, while the messenger itself does not accept funding for its main business. The announced investment amounts are on average $ 5-10 million. At the same time, Kleiner Perkins was initially offered an allocation of $ 15 million, but the company managed to agree on a twice as large investment, it follows from the submitted documents.