Wave field reveals key vulnerabilities that could lead to blockchain collapse

Wave field reveals key vulnerabilities that could lead to blockchain collapse

The Wavefield Foundation announced a fixed key vulnerability that could have caused its blockchain crash on the vulnerability disclosure platform HackerOne on May 2.

The disclosure explains that if there are enough malicious requests, the attacker can use the malicious code in the smart contract to fill up all available memory and effectively perform distributed denial of service attacks on the TRX network. This disclosure further explains the impact of such attacks:

"With one machine, an attacker can send DDOS attacks to all or 51% of SR nodes, making the Tron network unusable or unavailable."

The cybersecurity researcher who discovered and disclosed the vulnerability received a $1,500 bounty. This issue was first reported on January 14, but it was only recently publicly disclosed, and the issue has been resolved.

In 2018, White Hat hackers received a $788,000 bug bounty. (White hat hackers are hackers who use their own hacking techniques to maintain fairness and justice in network relationships, testing the performance of networks and systems to determine how strong they can withstand intrusions.)

According to reports, the largest state payment was blocked. Coinbase, the main cryptocurrency exchange, ranked second with a prize of US$290,381, and RecordTech Inc. ranked third in record technology companies. It reportedly paid a total of US$76,200 in 2018.

By the beginning of February 2019, EOS.io was a company responsible for the development of eos, the fourth-largest encryption system in the market. The company has provided vulnerabilities for five key vulnerabilities this year. (tail note)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Ron Paul: Bitcoin or dollar substitute

Today, nine years ago, a Florida programmer named Laszlo Hanyecz bought two Papa John's pizzas for 10,000 bitcoi...

Blockchain

If Bitcoin prices skyrocket, it could make this country the richest country

Many Venezuelans have been buying bitcoins in increasing quantities to hedge against currency depreciation. An unprec...

Blockchain

BTC double top form, the daily level retracement begins?

Author | Hash sent analysis team Why do bitcoin miners have a few days of sorrow every month?Buffett hates the three ...

Blockchain

Market Analysis: Wind direction is abrupt, bitcoin is likely to fall in the short term as the main theme

People always like to find reasons when they fail, and they know the lessons and lessons, but is this really the case...

Blockchain

Buy $ 100 each for the Top 10 projects in early 2019. How much can you earn now?

Source: BlockBeats What is the best investment strategy? When the bear market returned, the Bitcoin price fell again ...

Blockchain

QKL123 data analysis 丨 Under the crisis, it is strongly associated with US stocks. When will Bitcoin get rid of it?

Abstract: Historically, the positive correlation between Bitcoin and gold has increased significantly in recent years...