Sneaky diversion: EOS accused in the attack on the Ethereum network

Date:

2018-07-18 16:45:08

Views:

3711

Rating:

1Like 0Dislike

Share:

Sneaky diversion: EOS accused in the attack on the Ethereum network Source:

Recently, a team of dApp platform Just accused the EOS in the manipulation of the price of gas in Ethereum. The developers have published a detailed report about it on Reddit. The increase in the cost of transactions associated with the Ethereum contract that made «corporate attack on a cryptocurrency network». It is reported .

How much is the transaction Ethereum

The Investigation Just led developers to contract called IFishYunYu. He used 40 percent of the network Ethereum, which raised the price of gas up to 100 GVA. Only transaction spent gas in the amount of 50 ETH. It is noteworthy that all the tokens went to the purse exchange FCoin. Earlier, the exchanger is already in such incidents.

In his post, the team Just says that the transaction was used with Ethereum wallet, which had previously been seen in raising funds for the ICO EOS. However, the developers did not name address that allegedly received the Broadcast from EOS. It turns out, the purse was not used for transactions for at least 122 days.

User Reddit under the nickname Josshem notes that this is not a targeted attack, and just play with the dynamics of the market. However, there is a high probability of recurrence of such «draws», if the network Ethereum will not be the normal scalability.

EOS CTO Dan Larimer rejects all accusations against him.

I can assure you that block.one never would have spent their resources on it. With the Air of doing a great job CryptoKitties. There are far more reasonable and effective methods of network attacks Ethereum.

Despite the acquittal of Larimer, cryptocommunist still blames EOS what is happening. They have every reason to think so — after all, EOS is still the main competitor to Ethereum. That's what it thinks the user under the name KPenney.

If I was on the spot EOS with a bunch of free money, I'd realized two things: a) the competitor has a better product and b) the longer I hold a losing position, the more difficult it will be competition in the future. Of course, then the only option is sabotage. So you could even say that private blackany work better, because with them these things happen.

Earlier, EOS in several scandalous events. A series of misfortunes and trials follows the project from the first day of the core network. Do you have one of the ICO's future? your thoughts with like-minded people.

Sneaky sabotage: the EOS accused in the attack on the Ethereum network appeared first on Two Bitcoin.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Service BitPay received permission for official work in new York

Service BitPay received permission for official work in new York

Payment service BitPay received Regulations from the financial regulator of new York state. The document will allow BitPay to conduct legitimate business with customers in the state. In addition, local companies will be able to ac...

Why Bitcoin will continue to grow? The experts

Why Bitcoin will continue to grow? The experts

on Tuesday, the price of Bitcoin more than 10 percent. A quick break of level $ 7,000 revived the stock market and attracted the attention of analysts. Yesterday's rise tried to explain to experts . the Forecast Bitcoin exchange r...

The death of ASIC-miner. KashMiner from Kodak was only a fantasy

The death of ASIC-miner. KashMiner from Kodak was only a fantasy

In January, the technology trade show CES in Las Vegas Kodak, whose name the whole world associates with cameras, decided to try to enter the world of cryptocurrencies and . It KashMiner promised to bring $ 9,000, but cost a third...

The cost of Bitcoin rose to $ 600 for 30 minutes

The cost of Bitcoin rose to $ 600 for 30 minutes

More than a month we did not see a Bitcoin for $ 7,000 and was rewarded for her patience. Cryptocurrency has risen by $ 600 in just 30 minutes. For such changes we love her recorded an increase to $ 7408. The last time the value o...

The miracles of naming: in China, a growing number of companies with the word

The miracles of naming: in China, a growing number of companies with the word "blockchain" in the title

the Number of registered firms with the word «blockchain» in the name of the rose six times from January to July. According to local media, the country legally employs about 4000 blockchain-companies. About it writes . H...

Adam white: large investors will give impetus to the growth of the stock market

Adam white: large investors will give impetus to the growth of the stock market

In an interview with the Vice-President of Coinbase's Adam white noted that institutional investors help kriptonyte to grow. For 2017 year, white has received dozens of requests and offers from large investment funds. the Time to ...

Tkeycoin: call to alternative cryptocurrencies

Tkeycoin: call to alternative cryptocurrencies

last year, at the same time, the cryptocurrency industry, a wave of General excitement. A powerful background of amazing opportunities blockchain technology in the financial sector contributed to a sharp increase in interest in th...

Good things: the Venezuelans will receive financial assistance in the cryptocurrency

Good things: the Venezuelans will receive financial assistance in the cryptocurrency

Recently, a Reddit user from Venezuela decided donations in the cryptocurrency NANO for the purchase of 102 pounds of food to family and friends. Now cryptanthus under the name Windows7733 wants to ensure other citizens of the cou...

Coinrail exchange resumed trading after hacking. As traders get their money?

Coinrail exchange resumed trading after hacking. As traders get their money?

In June hackers a little-known South Korean exchange Coinrail and stole $ 40 million from the accounts of traders. First attack on the trading floor called the cause of the fall of the cryptocurrency market, but later this informa...

Board game Go with 4500-year history, will release on the blockchain

Board game Go with 4500-year history, will release on the blockchain

last week, the developers of blockchain-games CryptoKitties about the partnership with HTC is the app enter the number preset on the first blockchain smartphone company Exodus. Now on the Ethereum blockchain will the popular Chine...

Robinhood added support for Dogecoin. Coin grew by 14 percent

Robinhood added support for Dogecoin. Coin grew by 14 percent

last week, a platform for cryptocurrency trading without any commissions Robinhood added support for Litecoin and Bitcoin Cash. Now the company has added the ability to trade Dogecoin, then the price of the coins increased by almo...

Square stock grow in value with the popularity of app company

Square stock grow in value with the popularity of app company

the Company Square created by one of the founders of Twitter, is rapidly expanding impact on the stock market. Despite the decline of public interest in cryptocurrencies, the app Square Cash is breaking all records for downloads. ...

Bithumb launch of the exchange in Thailand and Japan. Waiting for growth?

Bithumb launch of the exchange in Thailand and Japan. Waiting for growth?

In April, South Korea's largest Bourse for the first time Bithumb its financial performance. The operating profit of a trading platform for 2017 amounted to 312 million dollars, and net profit of 501 million. Now the stock exchang...

Countdown: the Fund, BlackRock considers the options entry on the stock market

Countdown: the Fund, BlackRock considers the options entry on the stock market

Among the firms manage assets not many companies that could be compared with BlackRock. Now this giant with six trillion dollars paid attention to the stock market. The information shared . the New investment in cryptocurrency Acc...

Poloniex exchange has submitted a formal application for iOS and Android

Poloniex exchange has submitted a formal application for iOS and Android

In late may, the exchange Poloniex without notice the accounts of users. The reason was an error during the procedure of verification of the mandatory KYC. Now, the marketplace has launched its own application for smartphones on i...

Why the price of Bitcoin can't grow? A new explanation

Why the price of Bitcoin can't grow? A new explanation

Bitcoin lacks impetus for growth due to the fall in volatility to an annual minimum. It seems that the Bitcoin correction is delayed, and in the near future we are unlikely to see a sharp rise course, due to the loss of investor i...

How to make money on the crypt: the boss of the Chinese triads gathered in ICO of $ 750 million in five minutes

How to make money on the crypt: the boss of the Chinese triads gathered in ICO of $ 750 million in five minutes

the Former head of the triad Macau WAN Kwok-koi, also known by the nickname «Broken Tooth», collaborated with a Chinese firm to Finance the tournaments on chess and poker in the country. According to local media, the ICO...

Why the Creator of Litecoin wants to create scriptbank and what can go wrong?

Why the Creator of Litecoin wants to create scriptbank and what can go wrong?

One of the most promising and controversial transactions in the history of cryptocurrency began with skirmishes in social networks. Since April, the founder of Litecoin Charlie Lee were exchanging sarcastic remarks with Director G...

Ethereum Emerald. As scammers with Russian roots spread investors

Ethereum Emerald. As scammers with Russian roots spread investors

the Weekend was joyful for all the owners of the cryptocurrency. Particularly active was sad investors who believe in the Ethereum hardwork Emerald. The authors of the Scam have removed the social media venues and disappeared. Tel...

Service 2Masternodes goes into open beta. Buy masternode now even easier

Service 2Masternodes goes into open beta. Buy masternode now even easier

Team 2Биткоина and mining-pool shares the good news. Automated service on buying several mastered or shares in them passed the stage of open beta testing. This is the final stage before the official launch, which is expected in th...