Cardano demonstrates network resilience as DDoS attack attempt fails

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The Cardano blockchain recently suffered a DDoS attack, but fortunately, this attack did not cause any damage to Cardano's mainchain and mainchain.

It is reported that the attacker attempted to paralyze the network through a large number of transactions, but failed, and even lost some ADA tokens in the process.

DDoS attack incident process

According to a news report by Coindesk, Cardano successfully resisted this DDoS attack, which attempted to create a large number of transactions in a short period of time to paralyze the network, but it did not succeed. The attackers' goal was to steal ADA tokens in the re-staking chain, but ultimately it did not have any impact.

It is reported that the attacker used multiple transactions, each containing multiple details of smart contracts, in an attempt to paralyze the Cardano blockchain. However, the attacker not only failed to succeed in the attack, but the ADA tokens used for the attack were also recovered by the system. In this attack, the only issue with the Cardano chain was a slowdown in transaction speed, and there was no chain halt or asset theft.

The attack occurred at block height 10487530, with each transaction containing 194 smart contracts, and each attack consumed 0.9 ADA. Philip Deserro, the founder of Anastasia Development Company, quickly posted a message on social media after discovering the attack, informing the community about the hacker's attack on the Cardano network. However, the attacker stopped the attack after seeing the tweet, but the ADA tokens used for the attack were already lost.

Philip Deserro stated on social media X that the attacker stopped the attack after seeing his tweet, but it was too late because the attacker had already lost a lot of ADA tokens. Philip sarcastically criticized the attacker for not only failing but also losing their own ADA, and thanked them for this "free money" behavior, as the ADA tokens used in the attack were essentially donated to the Cardano Foundation.

The impact and significance

However, in the end, this incident did not have any impact on the price of ADA tokens. It is worth noting that 70% of Cardano's ADA tokens are staked, making similar projects more vulnerable to attacks. However, this attack had no effect at all, which stands in stark contrast to the situation with previous attacks on other projects like Ethereum, where gas fees surged or transactions could not be completed. In this attack, Cardano only experienced a slowdown in transaction speed, without any power outages or a significant increase in gas fees, once again demonstrating the robustness of Cardano's fundamentals.

This attack incident makes users understand that although Cardano adopts a scientifically proven method to create a blockchain, it may not be as fast or speculative as other blockchains, but it is definitely reliable in terms of security. At the same time, some observers believe that the security of Cardano is second only to Bitcoin.

Conclusion:

Cardano successfully defended against DDoS attacks, highlighting its outstanding network resilience and security. This incident not only had no impact on Cardano, but also strengthened the community's confidence in its technical strength. The attackers' failure and the community's rapid response demonstrate Cardano's unity and collaboration in the face of challenges.

This experience provides important security protection experience for the entire blockchain industry, and once again confirms Cardano's status as a top blockchain platform. With continued emphasis on network security, Cardano is expected to continue to play an important role in technical innovation and industry leadership.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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