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    Home » The startup on EOS uses "holes" of the system to access users' wallets

    The startup on EOS uses "holes" of the system to access users' wallets

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    By BlockchainJournal on September 17, 2018 News
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    The decentralized application (DApp) in the EOS block called E-Trye recently attracted negative community attention after the erroneous distribution of tokens by more than 100 EOS accounts.

    The developers of Trybe-based ecosystems – after the error decided to access the users' wallets to return randomly sent 8,740 TRYBE tokens (about $ 60) without prior notice to users. Interestingly, this function is often sold as something that distinguishes EOS blockade (in a good sense) from its colleagues.

    The founder of Trybe, Tom Norwood, did not deny the above actions in the recording on Reddit:

    "Although maybe we were a bit careless about relying on the [EOS library] for the system, because it had to work stably, the fact that it did not happen is not our fault."

    Tom Norwood further stated that:

    "However, you probably know that this is new software, and the fact that it does not have a lot of mistakes is in itself a miracle."

    Critics say that this approach to the EOS blockade seriously jeopardizes its security and decentralization. And it is these criteria in the crypto industry that are considered the main reference points that attracted users to this technology.

    EOS Featured Mistakes Trybe Work
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