Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Henrikbliss on July 02, 2018, 07:03:33 PM
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Blue Protocol, an ECR-20 token claiming to bring “world-class security” to the unregulated cryptocurrency industry, is threatening to expose a list of shitcoins it has uncovered.
In a twitter post on Monday, the Blue Protocol team revealed that more than half of the top 50 cryptocurrencies are vulnerable to extremely destructive flaws.
"More than half of the top 50 coins are vulnerable to extremely destructive flaws. We've reached out to all of them to notify them of these issues. Unfortunately very few have listened. Tomorrow this information will be public," the post read.
The company noted that it has been conducting manual testing to confirm the issues since February. Blue said it performed ‘millions of tests per second’ to fuzz out any issues, because, they “actually care about the success of their customers’ coins”.
While the news has been making rounds on social media platforms, many are wondering if the vulnerabilities are critical enough to warrant public exposure, saying that Blue protocol might cause more harm than good by exposing the list.
Some investors have accused BLUE of spreading FUD to destroy the value of their holdings. However, BLUE goes against these accusations head-on.
"There’s no cherry coating it. We have a shitlist and half the top 50 coins are implicated. Please don’t blame us for the bear market. Blame the shitcoin your holding," the company said.
CONTINUE READING: https://news.bitzamp.com/more-than-half-the-top-50-cryptos-are-shitcoins-blue-protocol-threatens-to-expose-them/ (https://news.bitzamp.com/more-than-half-the-top-50-cryptos-are-shitcoins-blue-protocol-threatens-to-expose-them/)