Ethereum Hard Fork Meant to Protect Against Attacks Coincides With Yet Another EXP Attack
Barely 24 hours into its scheduled Ethereum hard fork which was supposed to introduce “changes to help protect against the recent DOS attacks on the network,” one of the contracts from the project seems to be under yet another attack. This was confirmed in a Reddit post by Ethereum’s Nick Johnson in response to a post suggesting same: “Yes, the attacker's conducting an EXP attack as we speculated he would. Processing times are between 1-3 seconds depending on how powerful your node's CPU is (unlike previous attacks, this is entirely a processing power attack). The second HF will reprice....
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Not only Ethereum (ETH), the public blockchain based on smart contracts, has been under Distributed Denial of Service attacks lately. Ethereum Classic (ETC), a blockchain launched on the Ethereum code, has been under a similar attack. Some of the attacks were specific to ETH, while some affected both chains. The attacks made both networks barely usable. Ethereum hard-forked Monday. Ethereum Classic hard forks October 25. “There was only so much that could be done by fixing the clients without making backwards-incompatible changes,” Ethereum Classic project coordinator Arvicco Arvicco told....
Ethereum Classic is all set to get a hard fork of its own soon to counter the sustained DOS attack. Ethereum Classic is on its way to get a hard fork in the next two days. Ethereum recently split into two blockchains following a hard fork introduced by the Ethereum development team a few months ago. The hard fork resulted in two versions — Ethereum (ETH) and Ethereum Classic (ETC). While Ethereum continued to operate on the new fork, a portion of the cryptocurrency community decided to continue with the original Ethereum blockchain, calling it Ethereum Classic. Ethereum recently came under....
It seems the Ethereum community will be initiating a hard fork once again. Actually, make that two hard forks. In an official Ethereum blog post on October 13, developer Martin Swende announced the decision to hard fork due to malicious network attacks. Malicious Actors Attacking the Ethereum Network. Over the past few weeks, the Ethereum network has....
Though Coinbase has warned its users about Ethereum network instability and some Bitcoin experts have begun to criticize the its security measures, the planned Ethereum hard fork at block 2463000 will still go as expected. According to Kraken Exchange, the fork which will introduce “changes to help protect against the recent DOS attacks on the network,” which will expectedly be reached on Tuesday October 18th 2016 PDT and it may pose a little risk for Ethereum Classic users. “The fork is expected to go very smoothly with the DOS-protected fork quickly becoming the dominant chain while the....
Ethereum’s DAO hard fork update landed on GitHub yesterday, allowing users to vote on whether they support the Hard fork that will refund the DAO after the attack that drained around four percent of the total Ethereum (approx. 50 million US dollars worth at the time) in circulation from the smart contract. Ethereum Reaches A Crossroads with Hard Fork Update. This hard fork update, if successful, would wipe one of the biggest failures to happen in the cryptocurrency ecosystem away, giving the people with a stake in The DAO (and others who suffered from the subsequent price depreciation of....