Spam Attacks Flood NEO Network

According to Reddit, its NEO blockchain is under an unabated spam attack. The purpose pertains to making fee transactions most important while also make better network throughput. A CoZ maker, Wingchan91 whose other identity as on GitHub is @wy while he belongs of Reddit is one participant in the HappyNodes Project which NGD funds.

Numerous spam attacks have been launched against NEO blockchain, of late, that exploit NEO's free transaction system -a highly laudable feature of NEO particularly its provision of non-chargeable innovation calls of smart contracts. Cyber-criminals have capitalized on this feature allowing just one attack to result in plentiful destruction for the whole community, as accords to Wingchan91. Ambcrypto.com posted this, August 27, 2018.

The series of attacks caused NEO users to encounter slow transactions, wallet outages as well as problems with GAS receipts. Very little time expired by when a spam assault against the network got disclosed. Developers gave away inexpensive transactions anticipating its use would make the network copious pretty much without problem. For that reason they started off one limit of twenty non-chargeable transactions within blocks. With this, no malicious actor would manage towards filling the blocks entirely to clog them. In the meantime, other end-users will be able to access the blocks via payment of one minimal priority fee. Consequently, they'd be able to evade the limit of twenty non-chargeable transactions while access a block with their transactions no matter how many spam attacks occur.

Presently, 3 bugs exists that give rise to a push for transaction prioritization which restricts the subsequent block from functioning as designed. NEO along with CoZ made a joint task for comprehending the situation about the push that NEO's main team formulated, exactly as it happened.

The NEO community has been sporadically voicing concern that another attack maybe forthcoming; nevertheless, nothing is yet confirmed while NEO network possibly got slow merely due to all the routine and innocuous transactions.

Wingchan91 predicts that a number of projects similar as Cryptogladiator, Switcheo as well as other projects of high transactions are expected to begin examining NEO through trial and error in a major manner.

» SPAMfighter News - 9/4/2018