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Reddit Posts

Solana network - A Moderate Dive

r/CryptoCurrencySee Post

Most likely another Merge delay as a new DDOS POS vulnerability is discovered.

r/CryptoCurrencySee Post

Solana - A Lighter Deep Dive

r/CryptoCurrencySee Post

NATO countries are taking Cybercrime up the A** like idiots

r/CryptoCurrencySee Post

Tether CTO Confirmed DDOS Attacks on the Website

r/CryptoCurrencySee Post

Anyone else find it odd that all the USDC competitor stablecoins are getting obliterated and attacked?

r/CryptoMarketsSee Post

Tether faced DDOS Attack on its Website

r/CryptoCurrencySee Post

Tether ($USDT) has been under a DDOS attack after receiving a ransom request.

r/BitcoinSee Post

$USDT under DDOS attack.

r/CryptoCurrencySee Post

If a chain can be shut down by 12 validator majority set discussing over Discord, it can 100% be shut down by governments with minimal effort

r/CryptoCurrencySee Post

BAYC Hacked, DDOS On STEPN, A Bug Bites Solana - Weekly Update For 1st Week of June

r/CryptoCurrencySee Post

Popular Move to Earn app, STEPN Under DDOS attack after upgrade

r/CryptoCurrencySee Post

NANO foundation have released the first in a series of planned network upgrades to tackle the DDOS attack

r/CryptoCurrencySee Post

There's a BIG silver lining in Luna getting obliterated. And it's a huge favor for the crypto ecosystem, and strengthens the legitimacy of well designed projects.

r/BitcoinSee Post

How can They fuck up btc?

r/CryptoCurrencySee Post

The entire Moscow exchange is offline.

r/CryptoCurrencySee Post

If you need to recover your crypto account.

r/CryptoCurrencySee Post

When Polygon suffered one of the worse DDOS attacks, it maintained one of the cheapest fees on the market. Yet Avalanche reached $14 on average yet no one will talk about that?

r/CryptoCurrencySee Post

A major media crisis we need to plan and prepare for

r/CryptoCurrencySee Post

A big deal of the top 20 coins on the market are VERY overhyped.

r/CryptoCurrencySee Post

Aurora, a EVM chain on Near says "bots will be removed as protection" because they consume too much gas. Have all these new projects completely forgotten the whole point of building decentralised systems?

r/CryptoCurrencySee Post

Solana is the McDonalds ice cream machine of the crypto world.

r/CryptoCurrencySee Post

12 reasons Cardano can't scale in 2022

r/CryptoCurrencySee Post

Polygon’s EIP-1559 upgrade will NOT increase gas fees but will in fact do the opposite and here’s how:

r/CryptoCurrencySee Post

Loopring: A fundamental and macro-analysis of its long term value.

r/CryptoCurrencySee Post

As Saitama and Saitamask Crashes and Burns the Cult is Shrieking To Buy More

r/CryptoCurrencySee Post

Not a good look for polygon

r/CryptoCurrencySee Post

Solana went down again on 4th Jan morning (UTC +8) , and was fixed early morning. Now it is back up, but shows how vulnerable this system is. A system that goes down is a death knell for serious traders

r/CryptoCurrencySee Post

Basic overview comparing XLM and XRP

r/CryptoCurrencySee Post

What happens with a DDOS attack on POS network?

r/CryptoCurrencySee Post

Which coins are most susceptible to a DDOS attack?

r/CryptoCurrencySee Post

Here it is! the daily post shitting on Solana

r/CryptoCurrencySee Post

Regarding the recent Solana misinformation

r/CryptoCurrencySee Post

Ravencoin official twitter account: "Just found out Solana is closed source"

r/CryptoCurrencySee Post

Denial of Service Attacks

r/CryptoCurrencySee Post

Solana Chain was hit by a DDoS attack and being overloaded.

Mentions

The post is about Nano, the comment is about Nano getting DDOS'd. It doesn't take much to connect the dots Anyhow, that'd be all from me. I try not to spend too much time talking to a wall

Mentions:#DDOS

Nano DDOS attack had nothing to do with fees Not sure why are you insisting on the fact that it has

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Oh no! Not anonymoose!! I’m sure the bored apes founders are shivering in there boots for the upcoming one day long DDOS!!

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Maximalism of any form is bad... Gotta say from what I have read of the solana downtimes, those are a little bit curious from a blockchain perspective... but I am no expert on the matter... Ethereum had problems with DDOS attacks in its early stages which led to availability problems but it had client diversity and the parity client wasn't vulnerable iirc...

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Looks like interest in the sudden gains has triggered Cloudflare's DDOS mitigation on Coingecko. lol.

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Indeed. Non-trivial fees keep the L1 from being DDOS'd and other shady endeavors from bots.

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I think too many people lost money/got burnt with SOL I was quite enjoying SOL myself at first but my experiences this year hasn't been the best. The wallet hack also gave me a bad user experience (I couldn't see my coins on the block chain explorer during the hack - apparently that was because white hack hackers DDOS'd the nodes to protect us from the black hat hackers ). As a way to 'fix' this People told me to run my own node to solve that, as an average Joe - that's a little too much to ask

Mentions:#SOL#DDOS

I think too many people lost money/got burnt with SOL I was quite enjoying SOL myself at first but my experiences this year hasn't been the best. The wallet hack also gave me a bad user experience (I couldn't see my coins on the block chain explorer during the hack - apparently that was because white hack hackers DDOS'd the nodes to protect us from the black hat hackers ). As a way to 'fix' this People told me to run my own node to solve that, as an average Joe - that's a little too much to ask

Mentions:#SOL#DDOS

It wasn’t a breach on SOL, but even the “solution” to slow the hack is a massive red flag. A couple white-hat hackers were able to stall the network by DDOS’ing the next nodes. How could SOL ever actually go mainstream when it just takes a few people to halt the network?

Mentions:#SOL#DDOS

Possibility of DDOS attacks on validators

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https://twitter.com/econoar/status/1554879024203067392?s=21&t=IxrlO2jBmkTWVcUgSFdDDg ^ good thread between an ETH og and a SOL guy who knows his stuff. Apparently Sol’s Proof of History makes it possible to know which node will be selected next for consensus (deterministic chain), and so an attacker can know which node to DDOS attack. Most chains are non-deterministic making it difficult if not impossible to guess which node to DDOS.

Mentions:#ETH#SOL#DDOS

Thanks for explaining that to me that does seem logical that the DDOS attack would prevent me from seeing my wallet on the Blockchain explorer. Your logic is solid. Using the OS analogy, third party apps can sometimes make or break OS adoption. Windows mobile learned that the hard way, it was slick and fast but just couldn't get the apps in time. For me while I've enjoyed SOL, the uncertainty is still to much for me. I'm out, but I do wish the Dev team the best. Competition brings the best out of products after all.

Mentions:#DDOS#OS#SOL

Surprised it hasn't crashed yet. Someone just DDOS it, that'll stop it

Mentions:#DDOS

I think you’re right. I’ll go one further and say I think there is also a technological use for it that we haven’t done yet that will change the way we interact with the internet. The properties of scarcity and immutability are very unique in digital. Once that can be utilized by other pieces of the internet, I think we could see major use cases develop from it. Or another possibility is very small payments that we can’t do with a credit card. For example, attaching tiny amounts of value to the data we send to give weight to that data. Spam and DDOS would not be able to pay for their traffic but normal users would be unaffected. There are many possibilities, it’s all very exciting!(but slow at the same time)

Mentions:#DDOS

I think it would free up people (who do follow the letter of the law) to be more willing to use their crypto without having to remember to tell Uncle Sam next April about a few $5 purchases. It seems like a good move because: 1. It stops the double tax problem. Holders shouldn't have to calculate/pay capital gains and sales tax on a $5 coffee. Whether they do or don't now, they shouldn't have to. Laws need to keep up with technology. 2. Random airdrops of garbage coins and/or dusting attacks can technically DDOS someone's taxes. It would be nice to eliminate that. 3. Moons are great, but who wants to pay taxes on using Reddit? Uh, no. I agree with someone above who mentioned a yearly cap rather than a specific per transaction cap. However, this might be a good start to get the ball rolling.

Mentions:#DDOS

Incorrect assumptions. * Number-go-up does not increase incentive to attack because only 2 things can be done with a 51% attack. You either DDOS others (no profit in that) or you double spend. But once you do that once, your subsequent UTXOs could be flagged. * Secondly, if your trick works, you only gain as much coin as they have available to spend. So even if ₿ is $1,000 million per coin, it effects you absolutely zero unless you have a large amount of coin stored under your keys. * How do you get more hash than the entire rest of the network combined? * If you actually had that much hash, and bitcoin is worth $10M per coin as you say, because of the second bullet point, it would be far more profitable to use the hash honestly and collect most of the mining fees for yourself instead of attempting a one trick pony double spend.

Mentions:#DDOS

I think you should help explain how the seed phrase scam works when people give you seed phrases. Basically there's money in that wallet, but due to gas fees or whatever you need to send coins (Tron?) to move it. The problem is there's a bot watching so once you send Tron it gets swept away... almost like a advance fee scam. Is that how I understand how it works? If you can DDOS the bot or even beat the bot in sweeping you can probably sweep funds yourself.

Mentions:#DDOS

Name 3 more cryptocurrencies, which have 0 fees, which obviously is the most simple way to deter spam. Nano is a different animal and has some extra challenges. I agree it's not easy and both last year's spam and the recent DDOS were ugly, but in both ways Nano could improve and overcome the issues. I'm amazed how much has been achieved given that development of Nano was funded by peanuts.

Mentions:#DDOS

I have done my home work, I bought Nano at 20 cents in 2017 and had over a thousandth of the supply at one point. The network was crippled twice by spam and DDOS in the last year to the point of being unusable. When did bitcoin or Ethereum ever have transactions take 2-3 weeks to go through as seen in the many comments and posts on the Nano sub?

Mentions:#DDOS

They could also just outlaw running nodes and DDOS anyone who does it. Very hard to use the network without public nodes.

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Sol is not really popular over here but i wouldn't call it a scam either. It's pretty centralized cause of the hardware requirements to validate the chain and the coin distribution. It had a lot of issues with DDOS attacks that halted their network but it still has some potential considering the massive funding and developer base they have. Pros & cons

Mentions:#DDOS

Did DDOS attacks stop the network? No. Are the known attack vectors fixed - yes. Is there even better fix on the way? Yes. Did any funds got lost on nano network? No. Was there any rollback? No. Is OP an idiot? You make your judgement.

Mentions:#DDOS#OP

Some critics are unsure about the project after a recent attack on the network. It was a DDOS attack that targeted network nodes, however. It did not "take down" the network in the conventional sense. Either way, I can understand that some would be hesitant to get involved with the project having just read the headlines. The flipside here is that the project developers were aware of the vulnerability before it happened and simply re-prioritized to eliminate the vulnerability once it was exploited. A bit of a pain, but the vulnerability has been removed now, I believe. From my experience, I've used the project myself and love it. I dislike Bitcoin for its environmental impact and slowness to transact, and I think this is a great alternative. I think it's one of the best projects out there. Whether it gains the following I think it has earned or not remains to be seen.

Mentions:#DDOS

The general belief today is that as long as you and you alone have access to/know “the seed phrase” you are safe from attackers. Of course, anytime you enter the seed phrase or someone gets access to a physical copy you wrote down of it, you may be compromised. The “someone gets ahold of it” os obvious, but the “entering into the computer” is less obvious as it really depends on if anyone who is truly malicious has hacked/gained access to your system and is key logging or watching unencrypted traffic (like if you entered it on a website that was using http and not https). The odds of being hacked/keylogged to this extent are likely very small as long as you trust the people who are around your computer/system (to not install physical keyloggers/software) but also depends on how you use that computer/system yourself. Like “do you install a lot of software on your system you do not check the validity of” or do you only use it for crypto (and also don’t install software without at least reading up on it). Trying to validate software you download and install can be difficult (like checking public accessible keys for hashes from the developer, etc) and it’s a good idea to look up how to do it as you may realize you’re trusting /using a lot of software without making minimal checks of validity other than “the banana app came from banana.com, surely it’s safe!” Or you loaded it from App Store. Anyway, it’s not a perfect 1-1 description of seed phrases and everything but you might look up asymmetric cryptography: https://en.m.wikipedia.org/wiki/Public-key_cryptography as to generally how secure the “keys” are that crypto uses. The Wikipedia is a bit dry and there are tons more information out there describing it in different ways that may work better for you. Also: DDOS is “denial of service” attack, which is when something hits a website (or something) with so much traffic (for example) that the service cannot respond to normal/real requests. Kinda like if there’s 1 person at McDonald’s at the register and 1 in the kitchen and you rush in with 500 friends and make a big order and then someone at the drive through is stuck unable to order. Of course, I’m the real world they would probably take the drive through order and just make it while making you mega large order but for computers they aren’t that smart and just churn on that big order and ignore everything else. Now imagine you keep sending people in, for days and that poor guy at the drive through just gives up and leaves. He’s been “Denied service” via your attack.

Mentions:#DDOS

Strange...I remember bitcoin having fees, yet it suffered heavy DDOS attacks in 2016. Fees arent a factor for overloading nodes with junk traffic. How did bitcoin solve this? The question you need to ask yourself is: Is this problem solvable? DDOS isnt the same as a spam attack and the solutions vary also.

Mentions:#DDOS

How is pointing out censorship a "method" when it actually happened. You drank the cool aid. There is: - verified censorshop by r/bitcoin - DDOS attacks against big blockers - character assasination against basically everyone that sided for big blocks. - Gavin got coup with a lie In contrast: bitcoin.com ( a company not even someone associated with BCH) wrote on their website: Bitcoin (BCH) Bitcoin Core (BTC) How the hell anyone can side with blockstream for any other reason than price is beyond me. Here are some links: (the links get censored, so you have to add the http:// yourself) medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43#.e4gz25xy9 wakgill.github.io/deryk/bitcoin-cyber-attacks reddit.com/r/btc/comments/qaie8t/debunking_the_btc_ticker_followed_the_hashrate/ hackernoon.com/the-great-bitcoin-scaling-debate-a-timeline-6108081dbada

Mentions:#DDOS#BCH#BTC

As a cybersecurity enthusiast, Anonymous is just laughable. This particular anon group is a joke and a bunch of kiddies that push out amateur DDOS attacks. This is more of a distraction to take your focus and attention off of DoDo Kwon Please stop posting this nonsense.

Mentions:#DDOS

Your original comment is phrased as if “anonymous” was/is a single person. Your response comes off as if you just learned all this information and are trying not to backpedal too hard. Second half of your comment doesn’t really make sense tbh. Their attacks used DDOS frequently no doubt, but they also used much more sophisticated methods and did a lot more damage than just temporarily disabling some servers. To this day people who claim to be associated with Anonymous (which, by definition, makes them part of the collective) remain active and are [heavily involved in the Russia/Ukraine conflict](https://en.m.wikipedia.org/wiki/Anonymous_and_the_2022_Russian_invasion_of_Ukraine).

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I bet he’s absolutely terrified of the pending DDOS attack!!

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Do Kwon is shaking in his boots for the pending DDOS attack!

Mentions:#DDOS
r/BitcoinSee Comment

It’s definitely not trivial and it requires a geographic spread with enormous amounts of bandwidth to be able to drown out honest nodes. It would be technically and economically much easier to just DDOS the nodes. Sybil attacking BTC nodes through spinning up more nodes just doesn’t make sense.

Mentions:#DDOS#BTC

This is kind of the opposite but I'd like to recommend an exchange that has zero liquidity issues, and in fact has some of the deepest liquidity in the market, and zero fee trading (when you stake 1800 $WOO) or even negative trading fees if you stake enough $WOO, yeah negative fees, as in get paid to trade. Check them out if you're still interested in keeping your funds on exchanges and looking for a team that is continually working to improve their project. [WOO network information](https://woo.org/network) [WOOx exchange ](https://x.woo.org) If you'd prefer to keep your money off their exchange and in your wallet then WOOFi is another great choice. [WOOFi](https://fi.woo.org/) I'm not affiliated with WOO in any way, I've been using their exchange for about 9 months now and have been be very happy with it, the only issue I've had so far is about 8 hours of exchange downtime last week while they endured a DDOS attack that was handled expertly by the team. I don't believe WOOx is available in America though (I'm in Canada).

Mentions:#WOO#DDOS
r/BitcoinSee Comment

also as I can see one of the reason why it cannot be integrated in protocol as it can create a possibility of DDOS, you just can sent an infinite amount of such wrong transactions and if miner must proceed it and then reject it without being paid a fee, then hacker can send high priority transactions with wrong output address

Mentions:#DDOS

1st. lower fees arent the best any blockchain with low fees have seen outages do to DDOS attacks. 2. ETH is the BTC of crypto, if you dont know what I mean then good luck with your play. 3rd if ETH goes down expect a bear market for over 5-10 years 100% . My guess if your invested in other coins that you dont even use just hold and see posts on reddit. Quick tip use the coins you buy. Or invest in coins you actually use. Layer 1s and all.

Mentions:#DDOS#ETH#BTC

When I first got into crypto the world decentralised was thrown around constantly. About 6 months in, Solana moons and then I do some research and realise it’s centralised and it gets DDOS’d constantly. Still can’t work out how it ever went up in value if crypto is supposed to be decentralised

Mentions:#DDOS

I've heard it a bunch in various crypto discords, as well on this sub. Not too many people are talking about it as of late, but ever since the luna collapse, its been on mind and I thought it was an interesting theory now that other stables are starting to crack. I don't think its out of the realm of possibility. I think its more likely the case than not that blackrock is DDOS'ing and FUDing tether because they want to be number one.

Mentions:#DDOS

Between Luna/UST, Tether DDOS attack, USDD, SOL, Three Arrows, Celsius, Babel…it’s beginning to feel like a coordinated campaign to shape crypto in a certain image. I’m going to say Circle and Blackrock are behind it all.

Simple - turn off the system for few hours - call it a DDOS attack. People wont be surprised because....its Solana.

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and blame DDOS or some hackers out there 😂

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Tether when it can't pay out in time: "Sorry, DDOS attack, we'll pay you a bit later." Looks like we now know how much liquidity they actually had, around 14 billion. The rest is in personal accounts and BTC. Of course with BTC crashing they have to liquidate their holdings as it goes down, accelerating the downwards spiral.

Mentions:#DDOS#BTC

Tether suffered a DDOS attack? Yeah we’re hitting $13,000 for sure

Mentions:#DDOS

USDT maintains its confidence in the market by providing a 1:1 exchange service USDT for real USD. If this online service goes down confidence will erode and after some time USDT will likely depeg. So DDOS their exchange service and keep it up for however long is necessary, asking a ransom to stop.

Mentions:#USDT#DDOS

Tether says they are under DDOS attack, charts look sus. Be very careful

Mentions:#DDOS

DDOS attack by the Fed trying to kill competing stable coins before releasing their CBDC. Maybe they'll use tether depeging as precedent to ban non government stable coins, or maybe even non government digital currencies in general.

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How do you DDOS a crypto currency?

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“DDOS attack” haha yea right

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JUST IN: Tether ($USDT) has been under a DDOS attack after receiving a ransom request.

Mentions:#USDT#DDOS

> Tether ($USDT) has been under a DDOS attack after receiving a ransom request. Aight, another black swan event. https://twitter.com/watcherguru/status/1538231536041922560?s=21&t=_rpWszXM82xJ8ZsPbaNftQ

Mentions:#USDT#DDOS
r/BitcoinSee Comment

Yah. "DDOS" **and** "ransom attack" wasn't on my "Tether cracks" bingo card and yet here we are...

Mentions:#DDOS

"JUST IN: Tether ($USDT) has been under a DDOS attack after receiving a ransom request." Oh nonono

Mentions:#USDT#DDOS

Good thing they have all those reserves to insulate them, right? As the backbone of the supposed financial market of the future, they are definitely able to endure the financial equivalent of a simple DDOS, right?

Mentions:#DDOS
r/CryptoCurrencySee Comment

How do other chains prevent DDOS if they allow failing requests with no cost?

Mentions:#DDOS
r/CryptoCurrencySee Comment

The problem is that a contract can specify a **transaction failure as a feature**, in the middle of a larger code block. It's basically the same as a thrown exception, from other programming languages. For example, if you are trying to swap tokens on Uniswap, you will accept the current price, and set a slippage percentage in case prices change by the time your transaction is included in the block. If the prices have changed too much by the time the block is produced, according to your own request, the transaction will fail. You still need to pay for the blockchain activity the transaction generated up until that point where it concluded it couldn't proceed, because if you didn't, you could just spam transactions to the network and DDOS it. I have yet to hear how anyone else has \*solved\* this. It seems people are just scoffing, but not presenting a solution.

Mentions:#DDOS
r/CryptoCurrencySee Comment

Can you elaborate on how that is a DDOS attack vector? I don’t see it based on your explanation

Mentions:#DDOS
r/CryptoCurrencySee Comment

Of course transactions on Cardano can fail, especially smart contracts but your UTXOs won't be spent. This is a DDOS attack vector and it's only a matter of time until it'll be taken advantage of. Same as with what happened on Solana, there's no economic disincentive to NOT write lock accounts for a prolongued period of time right now. You NEED to hold accountable users that utilize and lock network resources.

Mentions:#DDOS
r/BitcoinSee Comment

A DDOS attack has a detrimental effect on a single target. What you're describing requires effort and costs money, but doesn't accomplish anything. Each time you change your location via VPN or something, connect to a bunch of nodes, and start flooding them with invalid blocks, they will block you before any human ever notices. If you devote a ton of resources to the task, you might reduce the speed of the network by some small fraction of a percent, which is well within the normal range of variation and won't really be noticed by anyone. If a DDOS attack is like calling every plumber and pizza place in town to the house of someone you dislike, what you're describing is more like burning a pile of dollar bills on the street outside your house and when a car slows down for you, shouting "HAH! Fuck you, interstate freeway system!"

Mentions:#DDOS
r/BitcoinSee Comment

Interesting, I didn’t know that miners operate on a different network than most nodes. Could you elaborate on why there is no incentive to change/hide your identity if an attacker’s goal is to flood the network? Most DDOS attacks don’t have incentives. It’s more of an “FU” to the people running the servers

Mentions:#DDOS
r/CryptoCurrencySee Comment

I wonder if it would be possible to trace which exchange the selling is coming from using timestamp analysis and then DDOS it . Surprised whales don't do this.

Mentions:#DDOS
r/CryptoCurrencySee Comment

1. Cool? 2. Please provide a source, since this seems utterly ubelievable. 3. You can already stake ETH and withdraw. 4. Cardano has low usage and price. 5. Interesting. Does Uniswap have a deployment on Cardano where this is solved? 6. Yes, it has to be, otherwise you would be open to DDOS attacks. Has Cardano solved this differently, or is it an unsolved vulnerability presented as a strength? 7. Please provide a source. Preferably one that isn't shilling Cardano. I've seen the one claiming "MAV of 1" for ETH because of Geth dominance. Is that the one you're thinking of? 8. I assume you're not talking about PoW ETH, but PoS ETH here, and the claim is that deferred staking reduces necessary validators by another factor. Is that the reasoning? If not, can you link the calculations?

Mentions:#ETH#DDOS#MAV
r/CryptoCurrencySee Comment

Getting a lot of press at the moment but a crypto for me. Interested to see how this token plays out... Will it take this DDOS in its stride /pun

Mentions:#DDOS
r/CryptoCurrencySee Comment

tldr; Stepn, a "move-to-earn" application on the Solana blockchain that gives users cryptocurrency rewards from walking or jogging, suffered multiple distributed denial of service (DDOS) attacks following a recent upgrade. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#DDOS#DYOR
r/CryptoCurrencySee Comment

*More like - DDOS to earn.*

Mentions:#DDOS
r/CryptoCurrencySee Comment

This post contains lots of accusations, but i did not ask for accusations, I asked for proof. The main arguments I see here are "they use tether and they cant get sued because they operate from hongkong" . Why is the first one a problem ? This is a matter of opinion. And as I just said, the second is false, they have branches in Europe now. They also have some in the US. As far as the exchange crashing on bad days ... this is true for every marketplace, not just crypto. The reason it has tech issues is because it has tons of customers basically creating a DDOS. I am open to the discussion here, i'd like to know how they scammed their customers and what their sketchiness is. So far I have been fee raped by kraken, and paid too much when i tried out coinbase. The only problems i ever had with binance was when my adblockers prevented me from logging to their website. If there really is a problem there i will switch to another exchange, but right now i dont see any proof .

Mentions:#DDOS
r/CryptoCurrencySee Comment

SOL is constantly being attacked by DDOS.

Mentions:#SOL#DDOS
r/CryptoCurrencySee Comment

SOL- can't stop DDOS'ing my self ADA - good enough for Africa kinda LUNA - algo stablecoins are the best TRON - Luna was a great idea

r/CryptoCurrencySee Comment

DDOS attack or maybe more than 50% of the hashrate/nodes are compromised.

Mentions:#DDOS
r/CryptoCurrencySee Comment

It’s a DDOS which knocks it out

Mentions:#DDOS
r/BitcoinSee Comment

This was one of the original use-cases for cryptocurrency. Adam Bach created Hashcash in the 90’s mainly to prevent DDOS attacks and email spam.

Mentions:#DDOS
r/CryptoCurrencySee Comment

\-DLT is not weird jargon. You're talking about distributed ledger technology. It's akin to saying layer one. \-DDOS is not weird jargon. You're referring to distributed denial of service. \-EVM = ethereum virtual machine (e.g. geth forks like a lot of l1s are) \-monolithic L1 = consensus, execution, and data availability all on one layer (one DLT) as opposed to modular, like the shit celestia enables. \-deterministic finality is when tx's are added to the chain immediately, which comes with sets of tradeoffs vs probalistic like eth does. Idk why you don't believe me when I say twice in the comments above that i understand exactly what you're saying. Idk why you feel the need to explain some shit about each chain that i'm already familiar with. But nice formatting tho. Happy for you that you took the time. Maybe it'll be useful for you elsewhere or something. Also fyi Polygon also has 3 others you dont mention: Nightfall, Hermez, and Miden. Hermez is not vaporware at the moment And you didn't cover the very obvious layer 2 solutions on ethereum: zk rollups like starkware and zksync vs optimistic rollups like arbitrum and optimism (launching token next couple days). You must only talk crypto on reddit or something? to a bunch of idiots maybe? Idk man. good luck tho. End of thread for me. cheers

Mentions:#DLT#DDOS
r/CryptoCurrencySee Comment

You're still talking about adoption and price instead of technology. If you want to talk about adoption, all of crypto is a **Keynesian Beauty Contest**. Investors do not buy what has the best technology and design; they buy what they think others will buy. That means: Bitcoin, Ethereum, and possibly Dogecoin. The retail crypto community does not care about or understand technology at a deeper level. When I say technology, **I mean giving everyone an equal starting point**. Bitcoin could not compete against Litecoin, Ripple, or even Bitcoin Cash if they all started at the same time. Why am I using a lot of weird Jargon like DLT, DDOS, EVM, deterministic finality, etc.? Because it would take me a paragraph to explain each of them. And because if you read a ton of documentation, they all use technical terms and theirs explanations much more complicated than this. I'm already ELI5'ing their documentation. Good luck reading Cosmos or Polkadot documentation. Those platforms are built for developers, and I think it's so silly there are so many retail users buying their utility tokens without understanding their purpose. This is why so many users could not tell Terra was house of cards. If they sound marketing terms to you, it's because you don't understand them. If you ever read posts by Vitalik, he goes way beyond these simple concepts all the time, and they're all meaningful, not marketing BS. ---- **Blockchain Purpose** **Every platform has strengths and weaknesses, and they have different purposes**. Litecoin is not competing against Ethereum Layer 1. Polkadot is not competing against StarkNet/ImmutableX. They serve different purposes. Avalanche ecosystem, Polkadot ecosystem, Cosmos SDK/Cosmos Hub, Ethereum ecosystem, Algorand, Litecoin, are all excellent, but they excel at different things. A monolithic blockchain like Avalanche's X-Chain will never beat Ethereum's ecosystem at multi-layer applications, and vice versa. **Algorand's strengths** In the category of **decentralized monolithic smart contract blockchains**, Algorand and Avalanche's C-Chain are king. Both can do 100+ TPS with smart contracts with 2-5 second deterministic finality. Thus, they can do swaps and DeFi transactions in the typical time of traditional Point-of-Sales merchant transactions. Once you get closer to the 8-10 second range, it's no longer good for point of sales. Other EVM-compatible blockchains like Cosmos SDK and Tendermint ones are all have 6+ second finality, and it's even slower for smart contract transactions. Algorand's biggest selling point is that **every transaction is 0.001 Algo**. There is no gas. Sometimes smart contracts get to 0.002 Algo, but that's pretty rare. It can already do 1000 TPS (tested), all smart contracts, and the transactions would still be 0.001 Algo. Not even Avalanche's C-Chain is that fast/efficient. EVM-based smart contracts will never be this efficient because EVM smart contracts use a turing-complete VM. To do a simple swap, Ethereum has to use a hashed time-lock contract, which is computational expensive. Whereas for Algorand, it's just a simple transfer. It's practically immune to MEV attacks. More complex smart contracts (Layer 2 smart contracts) are completed out-of-band with a randomized validator set, and broken down into simple Layer 1 smart contracts. Thus, a 3-way swap only costs 2x 0.001 Algo transactions. If Algo's price rises 1000x, it's a simple governance change to reduce transactions costs back to reasonable fees. Theoretically, Algorand could scale to 50K TPS with larger blocks and block pipelining (similar to what Solana is already doing and what Cardano is researching). But that's not now, and that's not tested. So I'm only quoting it as 1000 TPS because we know that's possible. --------------- Comparing to other smart contract ecosystems: **Cosmos ecosystem** - Strength: Good for devs. It has 1 main selling: Cosmos IBC allows cross-chain communications within its ecosystem without relying on insecure bridges. - Weakness: It's a platform meant to benefit Cosmos SDK developers; it's not meant for retail users. You have to use IBC within the Cosmos Hub in order to take advantage of it. Your blockchain has to be IBC-compatible, so Proof of Work blockchains like Bitcoin and Ethereum PoW will never be able to connect to it without a bridge. Not natively as fast as Algorand. **Polkadot** - Strength: Great for devs of small blockchains who want to get cheap PoS validators. You can interact with other Polkadot Parachains via XCM cross-chain communications without needing insecure bridges. - Weaknesses: It's a platform meant to benefit Parachain devs; it's not meant for retail users. Most Polkadot Parachains aren't anywhere as efficient as Algorand. Moonriver on the Kusama experimental testnet has only ever achieved 50 TPS. Smart contract parachains and parachains that need their own consensus protocol need to provide their own validators for security. **Ethereum multi-layer ecosystem** - Strengths: It's multi-layered. Rollups automatically inherit security of lower layers, which makes them more secure than Cosmos Hub' and Polkadot's Layer 1 blockchains, and Avalanche's subnets. Upcoming Roadmap looks awesome. I'm very excited about Verkle Trees, but that could be years away. - Weaknesses: Layer 1 is slow as molasses and gas-expensive. Other faster Layer 1 DLTs could also do rollups in the future, making them much faster than Ethereum. Moving funds back to Layer 1 requires interacting with Layer 1. Limited cross-chain Layer 2 interoperability and split liquidity. Still requires bridges outside of the same Layer 2 ecosystem. I think most of these issues will eventually be mitigated over the next 5 years. Very vulnerable to MEV attacks. **Avalanche X-Chain** - Strengths: 7000 real TPS - Weaknesses: No smart contracts. A 0.001 TPS ghost town. It's really sad that Avalanche has this perfect non-smart contract blockchain that's better than every other non-smart contract PoW blockchain, and no one's using it. **Avalanche C-Chain** - Strengths: 100 real TPS. Up to 1000 max TPS (but not with EVM smart contracts) - Weaknesses: Monolithic. Can't scale further without sharding or multi-layered solution. Pretty much the same issue as Algorand, except that Algorand is already much faster. **Avalanche Subnets** - Strengths: Fast. Almost as fast as the current Algorand - Weaknesses: Does not natively inherit security. Pretty much pointless to join as an Avalanche subnet except that you're sharing its framework and infrastructure. I want to see someone successfully build a rollup on a subnet as a Layer 2 for Avalanche. That would make it better than Ethereum's multi-layer solution. **Polygon PoS** - Strengths: It can process real 1K TPS with a 2-second block time, so it's very fast. - Weaknesses: Is a sidechain; does not inherit Ethereum's security. High gas fees. More centralized than Solana. **Polygon rollup solutions** - Strengths: Unknown. Polygon Zero is likely faster than all other known ZK rollup solutions - Weaknesses: Possibly Vaporware. Polygon's team is following Google's playbook of starting multiple competing projects (6+) and seeing what sticks. StarkNet and Loopring can just copy its technology. **Solana** - Strengths: 1000 real TPS. Fast finality. (I haven't researched this deeply) - Weaknesses: So many outages. This is a deal-breaker considering its business/enterprise target audience.

r/CryptoCurrencySee Comment

NANO can be DDOS’d by a 12 year old. I guess that contributes to the low market cap.

Mentions:#DDOS
r/CryptoCurrencySee Comment

Just waiting for someone to DDOS enough of those nodes or something then create a $1b exploit.

Mentions:#DDOS
r/CryptoCurrencySee Comment

Nano was patched against the DDOS attack within that week, and that attack vector is now closed. That's a lot quicker than Bitcoin recovered from the DDOS attacks it suffered in its early days.

Mentions:#DDOS
r/CryptoCurrencySee Comment

No. Nano v21 suffered a spam attack a year ago, and the spam attack vector was resolved a year and two Releases ago via Issue 3208 of v22. It's just suffered its first major DDOS attack, and that's was patched against within a week, and with full protection coming (as had anyway been prior planned already) in the forthcoming v24. During the DDOS attack Nano was slowed down to Bitcoin levels of responsiveness.

Mentions:#DDOS
r/CryptoCurrencySee Comment

Correct me if i'm wrong, but nano didn't experience a hack / stolen coins at the blockchain level. A DDOS / spam attack doesn't make the network less secure, but rather slows it down (maybe to death).

Mentions:#DDOS
r/CryptoCurrencySee Comment

But there are already cryptos with no fees, if you don't want fees. There are also near zero fees, where you pay under a penny. If you are worried that chain might get DDOS'd. Which is why some merchants charge you less if you use crypto. Because they also don't have to pay all the expensive credit card fees.

Mentions:#DDOS
r/CryptoCurrencySee Comment

>"Fast?" Yes. With all the spamming issues? It's not spammable. You probably mean the DDOS attack. You can't spam Nano.

Mentions:#DDOS
r/CryptoCurrencySee Comment

PoS starts off centralised to varying degrees, depending on the initial distribution and where coins are held. It doesn't then necessarily become MORE centralised. In PoW processing power absolutely gives you control. In 2014, [ghash.io](https://ghash.io) controlled 51% of the BTC processing power. They could have technically spent the same coin twice, rejected competing transactions, or even DDOS the whole network. Fortunately they didn't. By your same logic, a government could print money, buy mining hardware and set up a government subsidised mining operation. But then everyone would desert the network, rendering their expenditure wasted and useless.

Mentions:#BTC#DDOS
r/CryptoCurrencySee Comment

Tx fees exist for multiple reasons including helping fund the network security by making running honest nodes profitable without the need to inflate the assets too much, more nodes = more security. Eth is even gonna become de-flationary while keeping the same level of security The 2013 DDOS attacks on exchange websites like Mt Gox is not the same thing as a DDOS attack on blockchain itself Also I just learned NANO isn’t even a smart contract platform, it’s just basically a fee-less BTC without the security or 100% up time, talk about useless 🫠 Look into all the stuff you can do on eth, you’ll like it

Mentions:#DDOS#BTC
r/CryptoCurrencySee Comment

Transaction fees are used to fund note operators which makes running honest nodes profitable which incentivizes more good actors to run nodes which helps secure the network since more nodes = more secure. Are you talking about 2013 DDOS attacks on exchange websites like Mt Gox? That’s not the same thing

Mentions:#DDOS
r/CryptoCurrencySee Comment

>"Transaction fees secure networks and are a feature not a bad thing" You just made that up. Transaction fees are *not* used to "secure networks". Transaction fees are a mechanism used by *some* networks to fund (inefficient) node operations, as an alternative to, or a supplement to, inflation rewards. The main function of fees then becomes anti-spam, but this immediately then excludes the 99% poor, making fees a Bad Thing. >"NANO is useless since it breaks down every time someone cares enough about it to attack it" Again, as said many times, all software has bugs. Nano is becoming battletested and hardened by each attack. Bitcoin went though EXACTLY THE SAME THING in a DDOS attack that lasted thoroughout 2013. So GTFO with your rule breaking FUD.

r/CryptoCurrencySee Comment

>"The "DDoS" is literally related to the crypto being feeless." You literally haven't got a clue what you're talking about. Literally. You really are spouting off, as if knowledgeable, while not understanding any iota of the subject. The DDOS is utterly unrelated to fees. A minimum fee of $100 would not have prevented it. A minimum fee of $1000 would not have prevented it. A minimum fee of $1 million would not have prevented it. The DDOS attack was on the Unchecked block queue, with invalid blocks that would failed checking. >"Also, I'm not steeped in the NANO tech" Yes, that goes without saying at this point. You didn't need to add this. >"anyone with half a brain can think up ways to spam a feeless network." No. No they can't. The evidence for that is that ***you*** can't. You can't think of a way to spam Nano right now. The proof is that you're not freely spamming Nano right now, nor can elucidate how you'd do it on paper even though I'm now calling you out on your despicable FUD. You can't spam Nano. You can't even begin to state the steps via which you'd try to spam Nano. You don't even know that TaaC/PoS4QoS anti-spam protection exists since v22. You don't have a clue. Literally. >"Call it what you want." "DDOS attack"

Mentions:#DDOS#FUD
r/CryptoCurrencySee Comment

Nope - you're still not accepting that this was a DDOS attack and that you can't spam Nano. We can't move this conversation forward, so... have a great day.

Mentions:#DDOS
r/CryptoCurrencySee Comment

You don't know the difference between span and DDOS attacks. Fees have nothing to do with DDOS attacks. Adding fees wouldn't stop a DDOS attack. You basically got everything single thing wrong in your comment including the "and" and the "is".

Mentions:#DDOS
r/CryptoCurrencySee Comment

No - that's just the point. Bitcoin was DDOS attacked when it wa younger, and before it had had its implementation flaws knocked out of it. H. THIS IS WHERE NANO IS TODAY! >Back when Tokyo-based Mt. Gox was the dominant exchange in the bitcoin ecosystem (and bitcointalk.org the dominant chatter chamber), its trading activity was frequently disrupted by similar attacks, with trade volume falling precipitously in their wake. The exchange’s chief marketing officer, Gonzague Gay-Bouchery, once remarked that the company experienced DDoS attacks “every day, every single hour.”

Mentions:#DDOS
r/CryptoCurrencySee Comment

Bitcoin, Ethereum, any crypto that has an open market for transaction fees. Any attempt to DDOS becomes prohibitively expensive.

Mentions:#DDOS
r/CryptoCurrencySee Comment

>A DDOS attack is spamming the network with requests, which is much simpler to do when there are no fees, because the only consequence is time instead of time and money. You're still wrong. You can't defeat Nano's TaaC/PoS4QoS antispam technology. You've not shown how you could. Until you layout the steps you'd take to spam Nano, (even if only as paper exercise), then you're just FUDding. TaaC/PoS4QoS, although still only in its earliest form, applies a "cost" to your first transaction. That transaction uses up your prioritization timeslot, and you don't get another such prioritization timeslot for a couple of seconds. You've spent it already. You can't spam Nano.

Mentions:#DDOS
r/CryptoCurrencySee Comment

Nano 🤝 Sol Repeated spam/DDOS attacks but trust me bro *this* patch is the one that will fix it forever

Mentions:#DDOS
r/CryptoCurrencySee Comment

A DDOS attack is spamming the network with requests, which is much simpler to do when there are no fees, because the only consequence is time instead of time and money. If you want to go into full rainman tech mode - ok. Email spam and robocalls are literally not the same thing. It was a layman analogy to magnify the caveats of fee- less transactions. Now can you tell me why you married an alt coin that’s slowly bloodletting your portfolio?

Mentions:#DDOS
r/CryptoCurrencySee Comment

Oh no you don't. You were called out on the difference between spam and DDOS attacks. You've now attempted to sidle off into a discussion of adoption, ranking and price, before any acknowledgement and acceptance of the distinction between spam and DDOS. We don't do that here. Finish off one conversation first. Otherwise people might start to think that you're not discussing in good faith, but instead had an agenda.

Mentions:#DDOS
r/CryptoCurrencySee Comment

You are SOOOOO downvoted. This is the very first time it's suffered a DDOS attempt. And the (patch fix) solution is already in place and working. The FUD team isn't even trying any more.

Mentions:#DDOS#FUD
r/CryptoCurrencySee Comment

Seems like you just made that up, and should be banned for that FUD. Fees are NOTHING WHATSOEVER to do with the recent DDOS attack. **NOTHING**.

r/CryptoCurrencySee Comment

>The problem with nano is still the same though, right? There isn't a problem. Nano isn't still the same. It's 23.1.0 now. ​ >The fact that there are no fees means that there is little to no incentive to run/validate the network except by the most diehard fans. People run Nano nodes because they want to know they've been paid, without trusting someone else's node to tell them that. What bigger motivation do you need? "Oh, you've paid me $100,000 a couple of times, and sent me a screenshot of a nanolooker page to prove it. Oh, that's ok then. Sure. I believe you!" >And just like bots on Twitter, spam email, and the car warranty robo calls - low/no fees means more spam You just made that up. You can't spam Nano. Sending a Nano transaction has a cost to you, not in "fees" but in "time". If you make a ​ >like a DDOS attack No, it's NOT like a DDOS attack. DDOS attacks are **not** the same as spam attacks. You're suggesting that dumping a pile of manure in front of your telephone company branch office, so that its staff can't go to work, is the same as making millions of phone calls on their network so that no one else can use it. These are two entirely different things. * One can be stopped by better handling of visitors to the branch office, or redesigning the office foyer, and/or the path that approaches it. * The other can be stopped by constraining the number of calls made by each user, either by charging a fee for the calls, or queuing people's phone calls by least recent user (LRU).

Mentions:#DDOS
r/CryptoCurrencySee Comment

Something like a digital currency in real world conditions can't afford even the slightest rollback, at least it would cause extremely high effort to take care of it afterwards - so backups are not saving this in any way. Disabling attacks like DDOS might be very annoying, but will not cause any disagreement afterwards at least.

Mentions:#DDOS
r/CryptoCurrencySee Comment

There would be a backup system in case of a DDOS attack or system-wide hack or corruption or failure. There would be freezes and clawbacks in case of bad actors.

Mentions:#DDOS
r/CryptoCurrencySee Comment

This is correct. This was a DDOS attack, and was not related at all to the feeless nature of network transactions.

Mentions:#DDOS
r/CryptoCurrencySee Comment

How many DDOS/spam related patches are we at now? It seems like it’s just broken at its core at this point, zero fees just appear to be conducive to this

Mentions:#DDOS
r/CryptoCurrencySee Comment

The problem with nano is still the same though, right? The fact that there are no fees means that there is little to no incentive to run/validate the network except by the most diehard fans. And just like bots on Twitter, spam email, and the car warranty robo calls - low/no fees means more spam - like a DDOS attack

Mentions:#DDOS
r/CryptoCurrencySee Comment

>It's very easy to tell you don't understand the tech and focus on fallible semantics Don't make personal attacks dude, it weakens your argument. ​ >when you try to differentiate between a DDOS and spam attack. A DDOS is a type of spam attack. I **do** differentiate between a DDOS and a spam attack. A DDOS attack attempts to disable the attacked node. A spam attack may disable nodes through intensity of attack, but is explicitly something that adds blocks to the blockchain (or block lattice in this case). This current attack does not. >DAGs are susceptible to them because of extremely low fees. Nope - nothing about asynchronous DAG lattices versus single blockchain is relevant to this. Nothing to do with it. Some DAGs have fees, some don't, but nothing about this is to do with fees anyway. >It's cheap for an attacker to flood the network. That would be relevant to a spam attack (if Nano didn't have anti-spam "Time as a Currency" cost to attackers. But this isn't a spam attack and even a $1 trillion/tx fee would not have stopped this. Fees are NOTHING to do with this attack. >It's not rocket science. You're denying basic facts. Indeed it's not rocket science. I wrote an analogy on why fees are ***not*** relevant, here. It's not a perfect analogy, but it should make it clear to you. Once you've read it, and have either accepted its relevance, or torn it to pieces in that thread, then come back here and we can talk further. (Or deny basic facts - your call): [https://np.reddit.com/r/nanocurrency/comments/urjk6i/comment/i8xqiqv/?utm\_source=share&utm\_medium=web2x&context=3](https://np.reddit.com/r/nanocurrency/comments/urjk6i/comment/i8xqiqv/?utm_source=share&utm_medium=web2x&context=3)

r/CryptoCurrencySee Comment

It's very easy to tell you don't understand the tech and focus on fallible semantics when you try to differentiate between a DDOS and spam attack. A DDOS is a type of spam attack. DAGs are susceptible to them because of extremely low fees. It's cheap for an attacker to flood the network. It's not rocket science. You're denying basic facts. And now your response to numerous spam attacks is "so what?" Lol. But go ahead, keep defending an underdeveloped chain which is years behind its peers, which has no unique value proposition. The market will teach you the truth in the long run. Inflationary policy is your only counter argument, which also doesn't make sense because a flexible inflationary monetary policy is way more desirable and efficient than a fixed, deflationary one. This is one of those typical myths that's been pushed around ever since BTC was born. There's a reason why every single country on Earth adopts some form of inflationary policy, and why the most useful blockchains adopt the same. You're wrong on both the tech side, and the economic side. Hard money is flexible money in the world of crypto, because blockchains need to constantly evolve and upgrade to meet increasing demand. Inflation speeds up that process. Deflationary chains develop much more slowly and lack innovative acceleration. You can see this playing out in real time with Eth, Polkadot and Solana. They have the most developers for numerous reasons, one of which is their Inflationary rewards. Nano will not reach functional escape velocity and will be left behind in its current form.

Mentions:#DDOS#BTC