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Cardano Ecosystem

DeFi-Planet

06/26/2024

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Cardano Initiates Node Upgrade After Mainnet DDoS Attack

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.

Cardano Initiates Node Upgrade After Mainnet DDoS Attack

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.

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, explaining 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, revealed 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, confirmed 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,

“Once a solution has been properly tested and deployed, we will share the new node version for SPOs to upgrade to.”

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Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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