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Topic: Ethereum is under DoS attack... - page 2. (Read 1522 times)

hero member
Activity: 532
Merit: 500
September 23, 2016, 06:53:32 AM
#5
Well this is just another passive aggressive attempt to fud by spartan aka Dollface. He only links the negative news.
jr. member
Activity: 32
Merit: 10
September 23, 2016, 06:51:23 AM
#4
“The price of Ethereum was sold down just a day before the attack had been launched. Prices have since then recovered from lows. It is possible that this was a calculated sell off, and with the simple fix to the mining software Ethereum should be back to normal operational status,” said Daniel Dabek to CoinIdol.com (https://coinidol.com/ethereum-network-deals-with-dos-attack/)
hero member
Activity: 532
Merit: 500
September 22, 2016, 10:54:50 AM
#3
And it's also that they force EF to fix bugs they didn't know about, could be considered a bug testing by outsiders at the expense of day traders that trade very often ether for profit. As a non day trader and medium to long term holder, i wish these kind of attacks happen more often, because, as i said, the impact is rather small considering the project is just bit over one year old.
But on the other hand for day traders / speculators looking to profit, it's a nightmare.
hero member
Activity: 532
Merit: 500
September 22, 2016, 10:12:51 AM
#2
Last attack was fixed in under 7hours so i'm expecting a quick fix for this aswell. Most likely some group shorted eth then attacked to profit from the price drop. It's bad for day traders on short term since they lose money unless they had inside information from the attackers, and good for the project in medium to long term, these kind of attacks would have greater impact if the project had the massive dapps out of beta / testing and already live running.
I am not a day trader so i don't really care about these fluctuations tbh. The FUD and attacking rate of ethereum project is directly proportional to it's value and potential. A while ago it was just FUD-ed, now it's both FUD and attacks.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 22, 2016, 09:59:37 AM
#1
"The Ethereum network is currently undergoing a DoS attack

URGENT ALL MINERS: The network is under attack. The attack is a computational DDoS, ie. miners and nodes need to spend a very long time processing some blocks. This is due to the EXTCODESIZE opcode, which has a fairly low gasprice but which requires nodes to read state information from disk; the attack transactions are calling this opcode roughly 50,000 times per block. The consequence of this is that the network is greatly slowing down, but there is NO consensus failure or memory overload. We have currently identified several routes for a more sustainable medium-term fix and have developers working on implementation.

It is highly reccomended to switch to Parity mining. Use these settings:

–cache-size-db 1024 –gas-floor-target 1000000 –gasprice 500000000000

Parity mining guides:
https://docs.google.com/document/d/1j3v8bKjXQcMNNdx5Juwo3PRRCcHy8XcA6R9-0W7NCso/edit
https://github.com/ethcore/parity/wiki/Mining
If you continue to use geth, use the following settings:
–cache 1024 –targetgaslimit 1000000 –gasprice 50000000000"


Source: https://blog.ethereum.org/2016/09/22/ethereum-network-currently-undergoing-dos-attack/
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