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Cardano Ecosystem

The Crypto Times

06/26/2024

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Cardano Blockchain Faces DDoS Attack at Block 10,487,530

A prominent blockchain network, Cardano, has faced a Distributed Denial of Service (DDoS) attack starting at Block 10,487,530. Despite ongoing attacks targeting its smart contracts, Cardano remains fully...

Cardano Blockchain Faces DDoS Attack at Block 10,487,530

A  prominent blockchain network, Cardano, has faced a Distributed Denial of Service (DDoS) attack starting at Block 10,487,530.

Despite ongoing attacks targeting its smart contracts, Cardano remains fully operational. This resilience is attributed to its decentralized design, which spreads the network load, preventing a single point of failure.

On Block 10,487,530, an attack on the Cardano network began.

🐛 Each transaction executes 194 smart contracts.
🐛 The attacker is spending 0.9 ADA per transaction.
🐛 They are filling each block with many of these transactions.
🐛 The smart contracts used are of type REWARD.

In… pic.twitter.com/QUVm0pq0Q8

— elraulito (@ElRaulito_cnft) June 25, 2024

Dan Gambardello, Founder of Crypto Capital, said, “The Cardano blockchain went under a DDoS attack but remains fully operational. Because there is no single point of failure, this means the load is spread out, making it super tough for any attack to take it down.”

The attack, detailed by “elraulito,” CTO of Fluid Tokens, involves transactions executed through 194 smart contracts of type REWARD, each spending 0.9 ADA per transaction. Despite these malicious activities, there has been no disruption or congestion on the network.

Cardano’s ability to maintain operations during this incident is pivotal as it prepares for the upcoming Chang hard fork, scheduled for later this month. This upgrade aims to transition Cardano into a self-governing protocol, marking a significant milestone for the ecosystem.

While the community awaits further updates from founder Charles Hoskinson regarding the Chang hard fork, confidence remains high in Cardano’s readiness for future advancements despite ongoing security tests.

The incident underscores the importance of robust network architecture in safeguarding against cyber threats as blockchain technologies continue to evolve.

Also Read: Cardano’s Sundae V3 Hits 9264 Orders in 24 Hours



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