Fun

Cardano node upgrade underway following mainnet DDoS attack

News Feed - 2024-06-26 08:06:57

Arijit Sarkar12 hours agoCardano node upgrade underway following mainnet DDoS attackA failed DDoS attack on the Cardano blockchain led developers to initiate a node upgrade to enhance security.2204 Total views2 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksA failed spam attack on the Cardano blockchain led developers to work on a node upgrade that could deter future distributed denial-of-service (DDoS) attacks of a similar nature.


On June 25, the Cardano network experienced a DDoS attack starting at block 10,487,530. Raul Antonio, chief technology officer of Fluid Tokens, explained that the attack aimed to manipulate the Cardano blockchain into charging lower fees for high-value transactions.


Additionally, if successful, the attacker could steal staked Cardano (ADA) tokens from the network.Source:Raul AntonioIntent behind Cardano DDoS attack


While the attack was underway, Philip Disarro, the founder and CEO of Anastasia Labs, explained:“The idea behind this attack is to take advantage of the fact that the size of reference scripts currently does not impact the transaction fee, but it does impact the work that validators have to do to process the transaction.”


Disarro, along with several other Cardano developers, outsmarted the attacker into claiming back the stolen ADA tokens and stopping the DDoS attack.Source:Philip Disarro


The attacker eventually halted the DDoS attack and failed to move any stolen funds. Disarro added:“Thanks for the free money moron. Truly iconic that the attacker who presumably wanted to damage the ecosystem actually ended up donating to the open-source smart contract development work we do [...]”


Read Cointelegraph’s crypto guide to learn more about how DDoS attacks work on blockchains.Fortifying the Cardano blockchain


Disarro claimed that there were other ways to stop the attack, but his method was the fastest. “If you rush to deploy something to production without thorough testing and a high-quality, independent audit, you might wind up losing a lot of money to vulnerabilities just like the attacker did,” he added.Source:Intersect


Intersect, a member-based organization for the Cardano ecosystem, later confirmed the attack while thanking the developer community for a swift resolution against the DDoS attack.


Related:EigenLayer enhances EigenDA security to combat Sybil attacks


While the Cardano network was not compromised and performed normally, “The network has experienced a higher load than normal and some stake pool operators (SPOs) have been negatively affected due to an intensification in block height battles,” Intersect explained.“Once a solution has been properly tested and deployed, we will share the new node version for SPOs to upgrade to.”


The Intersect task force is collaborating to identify and test a solution to further minimize the impact of such spam attacks.


Magazine:Polkadot’s Indy 500 driver Conor Daly: ‘My dad holds DOT, how mad is that?’# Blockchain# DDoS# Ethereum# Hackers# Developers# Charles Hoskinson# EXP Attack# Cardano# HacksAdd reaction

News Feed

Craig Wright Submits List of Bitcoin Addresses to the Court – Roster Contains Spent Blocks
Craig Wright Submits List of Bitcoin Addresses to the Court - Roster Contains Spent BlocksOn May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, subm
Zhiyuan Sun6 hours agoJury directions begin in Sam Bankman-Fried criminal trialJury deliberations are to expected to begin shortly and may last until next Monday.1693 Total views10 Total sharesListen to article 0:00NewsJ
Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday
Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also l
Derek Andersen4 hours agoChamber of Digital Commerce launches Digital Power Network miners’ coalitionThe new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy p
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales According to the international law firm Scott+Scott’s website, there’s a possibility th
KICK․IO Launchpad: The New Haven of Cardano “Venture Capitalists”
KICK․IO Launchpad: The New Haven of Cardano “Venture Capitalists” sponsored Crypto gains are not as good as they once were. The much-ant
Marcel Pechman2 hours agoWhy is Solana (SOL) price down today?Despite an 11.3% correction in just two days, SOL maintains a robust position with healthy derivatives markets and on-chain metrics.4138 Total views44 Total s
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
Following the Great UST Collapse, a Defi Project Plans to Launch a "Soft-Pegged Stablecoin" Built on Terra Following the Terra stablecoin collapse last May, the Terra blockchain ec
Meta Reportedly Preparing for a New Round of Layoffs
Meta Reportedly Preparing for a New Round of Layoffs Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in th
Mythical Games Raises $150 Million in Series C Funding Round Led by A16z
Mythical Games Raises $150 Million in Series C Funding Round Led by A16z Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. T
Altcoin Market Decline Reaches Final Act, Bottom Expected In 2025–Analyst
Este artículo también está disponible en español. After enjoying a mini price run in the last week of October, Bitcoin’s price has corrected below $68k to start the fir
Tristan Greene12 hours agoUS House bans members from using all chatbots except ChatGPT PlusThe ban comes less than a week after the House proposed a bill to create a federal artificial intelligence commission.3831 Total