EOS new update to prevent RAM exploits

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August 27, 2018 by
EOS new update to prevent RAM exploits

EOS has been facing the RAM make use of concern for quite time now. According to a Reddit thread, the EOS team created a service to stop it, until a proper repair is carried out.

What is the EOS RAM exploit problem?
The problem is, a malicious user could install code on their account which lets them to insert rows in the name of another account sending them tokens. This process allows them to take RAM by putting significant amount of waste into rows when dapps/users send them tokens.

See also: How to lower the cost of EOS RAM? Dan Larimer shares a three-step plan

Exactly what is the solution?
EOS group supposedly generated a solution to stop it. Till the bug is taken care of, users can send out the tokens to a proxy account that has no offered RAM. It needs to have a memorandum where the very first word of it, is the account that the individual at some point want to send the tokens to. Individuals who are sending out tokens to people they do not know could send it through safetransfer by adding the account name as the memorandum, BitcoinExchangeGuide reported.

Ways to use the brand-new EOS upgrade?
” This contract approves all token types that satisfy the basic eosio.token contract. The only technique that has to have a similar disagreement signature is the transfer method,” inning accordance with a blog post on GitHub. Users will need to establish permissions onto their proxy agreement to enable it to send out tokens inline. To do so, customers could just change the memorandum to include the first word in the memo and add the account name.

See also: EOS launches EOS Alliance, a non-profit governance group to push transparency

This could also be done from a wise agreement without using this intermediate proxy. “Inline transfer to proxy, after that inline transfer from proxy. Proxy’s energetic would hand over to contract’s eosio.code The initial contract would certainly provide both transfers, but with a different auth.”

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