EOS: Only 37 percent of active Accounts, security vulnerabilities in 27 dApps discovered

the The supposed "Ethereum-Killer" EOS apparently has significantly less active users than anticipated. In addition, 27 dApps to have significant weaknesses. This allowed hackers to cheat within the last six months of the EOS Token in the value of some 740,000 U.S. dollars.

By Christopher clover
10. December 2018ShareFacebookTwitterLinkedInxingemail

EOS is assumed to Ethereum as the Blockchain-a platform for the development of decentralized Apps (dApps) to replace. The "Blockchain operating system," in which the controversial Delegated-Proof-of-Stake-Konsenmechanismus, pleased particularly with the Chinese government's great popularity. So EOS leads since the Launch in June of this year, the government of the middle CCID (Centre for Information Industry Development) crypto-Ranking. The CCID justified his appreciation for the EOS with its big "activity in the field of technological Innovation" and praises him as a "new Generation of public Blockchain". Critics doubt, however, that it is in the case of EOS to a Blockchain in the actual sense, since the crypto-implemented graphical verification of transactions, but not a core component of the platform architecture. Tests of White Block also failed to demonstrate the propagated 5,000 to 1,000,000 transactions per second, even under ideal conditions.

the lack of security 27 dApps

How Blockchain Truth reported, appears also in the number of active Users, there is a gap between claim and reality. Analysts of the Blockchain Security company PeckShield have taken the platform under the microscope and found that only 37 percent of the over 500,000 Accounts will be actively managed. At 23 percent of the Accounts are group accounts. PeckShield considers it likely that the group accounts of Bounty Hunters, and click-farms are used. Especially the latter is a worrying development for the Ecosystem. So EOS to get the number of dApps compared to Ethereum though. However, a large number of Fake, it seems to give Accounts of the goings-on of the User-Pay artificially to the top. In the game of chance-dApp BetDice of 35,000 daily users to go up to 33,000 on Fake Accounts.

Peckshield also noted in 27 dApps security leaks. However, the error should be in the programming of the dApps, not on the EOS platform itself. Hackers have those weaknesses specifically identified, exploited, and in this way, around 400,000 EOS Token (at the current rate of approximately 687.000 euros) captured. It remains to hope that the global Hackathon, whose final will be held in Cape town, will be able to plug some of these leaks.