Cardano’s rapid developer response effectively mitigated a DDoS attack. Thus, the altcoin team quickly ensured network stability and security. The attack aimed to disrupt Cardano by executing 194 smart contracts per transaction, spending 0.9 ADA each. The developers stopped the attack by unregistering the attacker’s staking credentials. Additionally, the developers managed to recover some funds in the process.
Hackers attacked, but the Cardano team repelled the attack!
cryptokoin.comAs you may have followed on , hacking attacks are not uncommon in the crypto world. This time, the attackers targeted the leading altcoin project Cardano. Cardano faced a Distributed Denial of Service (DDoS) attack targeting its staked ADA tokens on Tuesday. However, the altcoin project successfully defended against the attack. Moreover, despite the attack, the network remained fully operational. The DDoS attack aimed to overwhelm the blockchain with spam transactions in order to disrupt its services. However, a quick response from Cardano developers mitigated the threat.
As highlighted by Fluid Token chief technology officer ElRaulito_cnft, the attacker launched the attack at block 10,487,530, executing 194 smart contracts per transaction and spending 0.9 ADA each. The strategy was to fill the blocks with a large number of transactions, thereby overwhelming the network.
Philip Disarro, founder of Cardano development firm Anastasia, spotted the problem immediately. It effectively stopped the attack by unregistering the staking credential used by the attacker.
The altcoin team managed to recover some stolen funds!
In addition to blocking the attack, the developers also managed to recover some funds from the attacker. As a result, the robustness of the network was proven as it continued to operate without any interruptions. The fact that Cardano Blockchain can withstand such an attack underscores its security measures and the efficiency of the development team. DDoS attacks are popular attacks that aim to cause service disruption by overwhelming a targeted website with spam traffic. However, the response from Cardano’s team ensured that the network was not affected.
Strengthening the Cardano Blockchain
Philip Disarro claimed that there were other ways to stop the attack, but his method was the fastest. “If you rush to put something into production without thorough testing and a high-quality, independent audit, you can lose a lot of money due to vulnerabilities, just like the attacker did,” he added.
Intersect, a member-based organization for the Cardano ecosystem, later confirmed the attack. He also thanked the developer community for a quick resolution against the DDoS attack. Although the Cardano network was not compromised and performed normally, Intersect said, “The network experienced a higher than normal load. “In addition, some staking pool operators (SPOs) were negatively affected due to the intensification of block height wars,” he explained. Meanwhile, the Intersect task force is collaborating to identify and test a solution to further reduce the impact of such spam attacks.
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