Cardano showed resilience and community spirit during DDoS attempt
Yesterday during the current epoch 493 the Cardano blockchain faced a DDoS attack consisting of a script that maxed out the size of transactions with what was a junk script designed to be as cheap as possible to spam on the blockchain. However the community quickly rallied and discovered that anyone had access to the staking portion of the script could deregister those staking credentials as the team at Anastasia labs showed in an x post and this was quickly done by the same team. The community even took the event as a learning experience and visually showing the script filling the blocks while the “carry on as usual” spirit was certainly in play given that NMKR even posted on x about minting a “Cardano DDoS Attack 2024. I was there. And all i got was this stupid NFT.” to collaborate the event. Cardano Yoda posted a great summary of the event on X where among other things he mentions SundeSwap processed 5013 orders during the attack and a theoretical if all 3000 mem-pools where flooded with 1.8 million transactions costing around 300.000 ada the congestion would according to the post be around 6000 blocks or 33 hours. Other community members such as Alexander Nemish a former IOG developer in retrospect calculated that a 8000 usd a day attack at current prices could fill all blocks coming from one hostile operator, but keep in mind that the cost would be much higher to flood all the 3000 staking pool as Cardano Yoda discussed. Johnny Kelly posted about a fix in the protocol parameters that is coming with the Chang hardfork that will bring governance to Cardano. You can follow the process of the Chang hardfork at Intersect.
As a reminder If you want to follow the Cardano price movements we have created a dedicated page for the Cardano Price you can find it here, or if you want to compare Cardano with other blockchain marketcaps we have an overview page here. We also offer Cardano Staking through our platform as well as directly to the pool with ticker ANP. This text is intended to inform and is not an investment recommendation.
