The Cardano blockchain was recently hit by a DDoS attack, but fortunately, the attack did not cause any damage to Cardano’s live chain and main chain.
The attacker reportedly attempted to paralyze the network by flooding it with transactions but failed, even losing a portion of ADA tokens in the process.
DDoS attack incident
Coindesk’s news report states that Cardano successfully resisted the DDoS attack, which attempted to paralyze the network by creating a large number of transactions in a short period of time, but it did not work. The attacker’s goal was to steal ADA tokens in the re-staking chain, but ultimately it had no impact.
It is reported that the attacker used multiple transactions, each containing multiple smart contract details, in an attempt to paralyze the Cardano blockchain. However, not only did the attacker fail to attack successfully, but the ADA tokens used for the attack were also recovered by the system. In this attack, the only problem with the Cardano chain was the slowdown of transactions, and there was no chain suspension or asset theft.
The attack took place at block height 10487530, each transaction contained 194 smart contracts, and each attack consumed 0.9 ADA. After discovering the attack, Philip Deserro, the founder of Anastasia Development, quickly posted a message on social media to inform the community about the hacker attack on the Cardano network. However, the attacker stopped the attack after seeing the tweet, but had already lost the ADA tokens used for the attack.
Philip Deserro said 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 then mocked the attacker for not only failing but also losing his own ADA, and thanked this "free money" behavior because the ADA tokens used for the attack were equivalent to donations to the Cardano Foundation. $ADA
Impact and significance
Ultimately, however, the incident did not have any impact on the price of the ADA token. It is worth noting that 70% of Cardano's ADA tokens are staked, which makes similar projects more vulnerable to attacks. However, the attack was completely ineffective, which is in stark contrast to other projects such as Ethereum that have experienced skyrocketing gas fees or inability to complete transactions when attacked in the past. Cardano only experienced slower transaction speeds during this attack, and there were no power outages or gas fee surges, which once again proves the strength of Cardano's fundamentals.
This attack has made users understand that although Cardano uses a scientifically proven method to create a blockchain, its development speed or hype may not be as fast as other blockchains, but it is absolutely reliable in terms of security. At the same time, some observers believe that Cardano's security is second only to Bitcoin. #Cardano #ada #DDoSAttack
Conclusion:
Cardano successfully resisted the DDoS attack, highlighting its excellent network resilience and security. This incident not only did not affect Cardano, but also strengthened the community's confidence in its technical strength. The attacker's failure and the community's quick response demonstrated Cardano's unity and collaboration in the face of challenges.
This experience provides important security protection experience for the entire blockchain industry, and reaffirms Cardano’s position as a top blockchain platform. With the continued emphasis on network security, Cardano is expected to continue to play an important role in technological innovation and industry leadership.
