Hacking and other related attacks are not uncommon in the crypto industry. While many Layer 1 networks, including Solana, have suffered multiple distributed denial-of-service (DDoS) attacks, Cardano exhibits a very unique characteristic.
Cardano(ADA) suffered a distributed denial of service (DDoS) attack on Tuesday as attackers attempted to steal tokens staked on the network. However, the attack was quickly
mitigated and no tokens were stolen. According to FluidToken CTO “ ElRaulito_cnft,” who first reported the incident on a June 25 post on X, the attack began at block 10,487,530, with each transaction executing
194 smart contracts and spending
0.9 ADA. an attempt to overwhelm the network and
slow down transaction throughput. “The smart contracts used are of type REWARD. In this way, they can send large transactions while spending the
least possible amount,” the FluidToken CTO added. The attack was designed to
cripple the network by making transactions take an unusually long time to complete or fail altogether. However, the effort was ultimately unsuccessful and was
thwarted before any damage was incurred. The Cardano network continued to run as usual, without halting or suffering any congestion. Cardano development company Anastasia founder and CEO Philip Disarro said the DDoS attack could be stopped instantly by
deregistering the stake credential used by the attacker, an action that was taken shortly after Disarro's post. “DDOSer
halted his attack after reading my tweet in an effort to protect his funds. Alas, they were too
late, and the pillaging of their funds is already in progress," he said, adding: "Truly iconic that the attacker who presumably wanted to damaging the ecosystem actually ended up
donating to the open-source smart contract development work we do at Anastasia Labs &
funding Midgard.” The attack comes as Cardano is preparing for a
significant milestone this month. As previously covered by ZyCrypto, the much-anticipated software update, Cardano Node 9.0, is set to ship this month, making it ready for the Changhard fork to enter the Voltaire era. Once Cardano switches from the current Basho era to Voltaire, the blockchain will no longer be actively managed by Cardano development firm IOHK, but will instead be completely run by
community members. With Cardano successfully
mitigating the Tuesday attack, supporters remain confident that this seven-year-old blockchain is ready for the imminent major leap to become a wholly decentralized blockchain ecosystem.
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