EOS Smart Contract Security

EOS Smart Contract Security

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The crypto community became skeptical when the World's biggest ICO, EOS launched in June 2018 and it got freezed out for 2 days due to a software bug. But fast forward 4 months and EOS today accounts for more than double the transactions that Ethereum does today. Through the promise of free and faster transactions, the topmost Dapp of EOS has about 13,000 daily active users compared to just 2,000 of Ethereum’s topmost Dapp. EOS Smart Contract Security By  Rohan Agarwal Some general smart contract vulnerabilities are applicable for almost all of the platforms. Like Ethereum, smart contracts written on EOS needs to be audited before going live on the mainnet. Fatal bugs in the contract can get exploited when the contracts are not battletested enough. In this guide, we…
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Smart Contract Security: Reentrancy Attacks

Smart Contract Security: Reentrancy Attacks

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It really is an exciting time to be alive for smart contract developers. We are living in a time when Ethereum and blockchain technology is coming to the forefront. Now, we know that code vulnerability and bugs are not that uncommon a problem when it comes to smart contract security. However, this problem is thousand times more amplified for smart contracts, for a very valid reason. Smart contracts deal with millions of dollars, so it is paramount for these contracts to be as robust as possible. Smart Contract Security: Reentrancy Attacks What are Smart Contracts? Smart contracts are automated contracts. They are self-executing with specific instructions written on its code which get executed when certain conditions are made. You can learn more about smart contracts in our in-depth guide here.…
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How to Identify ICO Scams?

How to Identify ICO Scams?

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If you are a bounty hunter, then you are living in the absolute best possible time. There are so many benefits to bounty hunting but you need to be aware of ICO scams.  We are living in the era of the ICOs and they are not going away anytime soon. In fact, here is a stat that is going to make you lick your lips. The amount of money ICOs have raised in the first quarter of 2018 alone is more than the entirety of 2017. How to Identify ICO Scams? The total funds that ICOs have raised in the first quarter of 2018 are 118% more than what they have raised in 2017!! A 118% spike in 1/4th the amount of time! And there’s even more good news. With multiple…
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What Are the Advantages of Bug Bounty Programs?

What Are the Advantages of Bug Bounty Programs?

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What we are going to explore are the advantages of bug bounty programs in general. Now, remember, this is not about bug bounty programs in just crypto or companies having ICO's, it is about bug bounty programs in general. What Are the Advantages of Bug Bounty Programs? So, before we begin, let’s get into what a bug bounty program is. It is basically a deal or an arrangement made by a company, which allows an individual to exploit potential vulnerabilities in their system. The reason why they do that is to recognize these issues before the general public does, preventing widespread misuse. Traditional Penetration Testing Before bug bounty programs became widespread many companies used to do (and still do) traditional penetration testing, or as it is more colloquially called, “pen…
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