Cardano

DeFi

Planet

Fluid

<div class="intro-text">
 Cardano, the renowned blockchain platform, recently withstood a failed distributed denial-of-service (DDoS) attack, prompting its developers to take immediate action in order to fortify the network against future similar incidents. 
</div>
The attack, which commenced at block 10,487,530, aimed to manipulate transaction fees and potentially pilfer staked Cardano (ADA) tokens.
Raul Antonio, the Chief Technology Officer of Fluid Tokens, provided insights into the attack’s objective, <a href="https://twitter.com/ElRaulito_cnft/status/1805654707378983353?t=vaqBIpf0eHqM7aK8GeDOGg&amp;s=19" rel="noopener noreferrer nofollow">explaining</a> that it sought to lower fees for high-value transactions by exploiting the current structure of reference scripts. Although these scripts do not directly impact transaction fees, they significantly increase the workload for validators, thus creating an opportunity for manipulation.
Philip Disarro, the founder and CEO of Anastasia Labs, <a style="color: #0000ff;" href="https://twitter.com/phil_uplc/status/1805653337976504428?t=RNXJidEj9JRIgwbwk_9nbw&amp;s=19" rel="noopener noreferrer nofollow">revealed</a> how the Cardano development team successfully thwarted the attacker’s efforts, reclaiming the stolen ADA and effectively halting the DDoS attack. In a somewhat sarcastic tone, Disarro expressed gratitude to the attacker, highlighting the inadvertent support their action provided to the platform’s open-source smart contract development endeavors.
He further stressed the significance of rigorous testing and independent audits before deploying solutions in production environments. Such precautions are crucial in ensuring the integrity and resilience of blockchain systems.
Intersect, a member-based organization within the Cardano ecosystem, <a style="color: #0000ff;" href="https://twitter.com/IntersectMBO/status/1805709955493752880?t=S92CP2ui1379Jyve3F-bEw&amp;s=19" rel="noopener noreferrer nofollow">confirmed</a> the attack and commended the swift response of the developer community. Although the network remained functional throughout the incident, the heightened load resulted in negative consequences for some stake pool operators (SPOs) due to intensified block height battles.
To minimize the impact of future spam attacks, they announced the ongoing testing of a solution that will be shared with SPOs for node upgrades once it has undergone thorough vetting. The organization continues to collaborate on measures aimed at minimizing the vulnerabilities associated with such attacks
They reassured stakeholders, stating, 
<blockquote>
 “Once a solution has been properly tested and deployed, we will share the new node version for SPOs to upgrade to.”
</blockquote>
&nbsp;
If you want to read more news articles like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a style="color: #0000ff;" href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a style="color: #0000ff;" href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.
“Take control of your crypto portfolio with Markets PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/06/cardano-initiates-node-upgrade-after-mainnet-ddos-attack/" rel="noopener noreferrer nofollow">Cardano Initiates Node Upgrade After Mainnet DDoS Attack</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Cardano Initiates Node Upgrade After Mainnet DDoS Attack

DeFi Planet

Άλλα άρθρα που δημοσιεύτηκαν στις 26 Ιουν 2024

Price analysis 6/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX

Pompliano’s Vision: AI and Bitcoin Leading the Future of Wealth

MoonBag Coin: Leading the Way Against Slothana and Bonk in 2024 Crypto Presales

5 Top Altcoins Poised for Growth: BlockDAG, Render, and Others Set to Soar

Here's How Bitcoin And Altcoins Will Behave 'Until Fed Cuts Rates,' According To Veteran Crypto A...

UAE Steps Up Crypto Game: Binance Licensed, Stablecoin Regulations Implemented

Join our free newsletter for daily crypto updates!