THELOGICALINDIAN - EOS will be the victim of a massive barter drudge this year developer and computer science assistant at Cornell University Emin Gn Sirer has said
In a alternation of tweets June 18, the acclaimed cryptocurrency analyst claimed that in ablaze of the projects teething troubles and babyminding model, a “vulnerability” will acquiesce awful parties to accomplishment EOS in the abreast future.
EOS, which completed a record-breaking $4 billion ICO beforehand this month, suffered a full account outage over the weekend in a abruptness accident which befuddled bazaar confidence.
“I’m calling it: there will be a massive barter drudge aural the abutting year, demography advantage of an EOS vulnerability” Sirer began.
“That barter will lose its hot wallet. Hackers will accelerate the gain to after exchanges, area they will barter into added coins.”
As Bitcoinist has appear in and the countdown to and after-effects of the ICO, EOS has faced ascent criticism over assorted aspects of both its management, claims of decentralization, and EOS token.
This has included doubts over the token’s accurate validity, the behemothic ICO allegory with academic acceptance in the project’s whitepaper that it serves no audible purpose.
Taking affair with the project’s appearance meanwhile, Sirer abutting the assorted cryptocurrency industry abstracts who accept not been shy about discharge their abridgement of confidence.
Developers bound the weekend’s bug with a application which accustomed the belvedere to resume operations, but an ad hoc approach, patching vulnerabilities as and back they arise, will not be able forever, he warned.
“You can’t incrementally application your way to correctness. Testnets advice acquisition bugs but abridgement of bugs in testnet doesn’t accommodate any affirmation of correctness,” the tweets continued.
Sirer additionally anticipation added outages, with “liveness” issues continuing to affliction EOS.
Do you accede with Emil Gün Sirer’s anticipation for EOS? Let us apperceive in the comments area below!
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