Tag: Means

The emergence of Sonic and what it means for DeFi: Report

coiner

Why did Fantom reinvent itself as Sonic? Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times. To address these bottlenecks and implement numerous other updates, the team behind Fantom rolled out Sonic, a fully independent new blockchain network. A new report by HTX  explores Sonic’s technological background, its new…

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The Milk Sad Vulnerability and What It Means for Bitcoin

coiner

In the newest episode of Bitcoin Magazine’s “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost discuss the ramifications of a newly discovered exploit dubbed “Milk Sad,” affecting Bitcoin users attempting to run the alternative Bitcoin implementation Libbitcoin when connecting to the network. Revealed earlier this month, the issue of an insecure Bitcoin command called “BX Seed” in the Libitcoin library has made it vulnerable to attacks, potentially allowing adversaries to guess private keys and access Bitcoin funds. As profiled, the insecure command produces only 32-bit random seeds, significantly reducing…

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