Litecoin (available on Coinbase) (LTC) and EOS are showing the two ends of the crypto spectrum – one up and one down. EOS experiences a slight snag on its way to its mainnet launch while Litecoin (available on Coinbase) receives nothing but support.
EOS
EOS is currently selling for $12.08, which puts the coin down 0.68% in the past 24 hours.
Source: CoinMarketCapA recent EOS vulnerability was revealed that indicated the entire EOS network could have been taken down once the mainnet launched.
The vulnerability would have allowed malicious smart contracts to enter the EOS network and infiltrate all EOS nodes on the blockchain. Whoever controlled the malicious smart contract would then control the network – including giving them access to all transactions, private keys, wallets, and exchanges.
That’s a pretty big deal, but, thankfully, nothing the EOS team couldn’t handle. After being informed of the vulnerability, the EOS team worked to resolve the issues, and the vulnerability has now been reportedly fixed.
This means that the EOS mainnet launch will be going ahead as scheduled and, hopefully, won’t include any NASty surprises.
You can read more about the EOS vulnerability and how it was fixed.
EOS’s price dipped when the vulnerability was revealed, but now that word has gotten out the problem has been resolved, things look to be settling down once more.
Will EOS make a comeback in time for its mainnet launch?