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Ethereum Network Overcomes Attack That Could Have Shutdown Network
Summary: The Ethereum (ETH) network appears to have been the victim of a coordinated attack, according to several analysts. It was reported that some Parity Ethereum nodes lost sync with the network, on Dec. 31. core blockchain infrastructure company Parity Technology said that it was believed there was an attack underway and the company quickly released ...
The Ethereum (ETH) network appears to have been the victim of a coordinated attack, according to several analysts.
It was reported that some Parity Ethereum nodes lost sync with the network, on Dec. 31. core blockchain infrastructure company Parity Technology said that it was believed there was an attack underway and the company quickly released upgrades to protect against it.
Sergio Demian Lerner, cryptocurrency security consultant, stated the attack was relatively simple one, wherein “you send to a Parity node a block with invalid transactions, but valid header (borrowed from another block). The node will mark the block header as invalid and ban this block header forever, but the header is still valid.”
Software developer Liam Aharon analyzed the attack, finding that the entire network was close to being taken down and that Ethereum will only become more vulnerable to these types of attacks in the new year.
By Ramsey Baker
Tags: Attack,coordinated attack,Ethereum,parity
Link: Ethereum Network Overcomes Attack That Could Have Shutdown Network [Copy]
