Skip to content

coin

review

Menu
  • Sample Page
Menu

The ZCash network was spam-atac

Posted on December 13, 2022

The ZCash network was spam-atac

The blockchain-oriented cryptocurrency is ZCASH (ZEC) has been spanked by spam, which fills the blocks with protected transactions with hundreds of outputs.

“Spam Ataka on Zcash continues. Almost every block contains a protected transaction with hundreds of outputs. At the same time, the spammer successfully increases the size of the chain, maximizing the block to the size of 2 mb. The cost of spam transaction? Less cent, ”the user wrote under the pseudonym Xenu.

Spamer actions make it difficult to work NODs, overloading the memory.

Experts found it difficult to determine the purpose of the attack. Researcher under the pseudonym Nick Bax.ETH from Convex Labs called three possible motives:

  • for fun;
  • To receive profits through short positions in ZCASH – problems in the operation of the blockchain may lead to a fall in cryptocurrency prices;
  • make it difficult to launch GCD, which will simplify the surveillance on the network and make the eclipse https://gagarin.news/news/pharma-bro-martin-shkreli-switched-from-pharma-to-the-crypto-industry/ attack more affordable.

According to Coingecko, over the past 24 hours, Zcash quotes have decreased by 1.5%. The coin is traded at $ 56.4.

One of the users under the nickname Dan suggested that Monero developers are behind the attack, another confidential cryptocurrency.

“I do not see other losers who would spend time on this. Zcash is a competitor to Monero, so they are trying to weaken it, ”he wrote.

The Monero community with irony reacted to his guesses:

Recall that in June, ZCASH developers activated a major Network Upgrade 5 update.

In 2021, the Electric Coin Company presented a roadmap, which included a blockchain transition to a consensus algorithm Proof-Of-Stake (POS).

After migration on the POS network Ethereum in September 2022, Vitalik Buterin expressed confidence that Zcash would follow this example.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • January 2022 in numbers: NFT boom contrary to the fall of cryptocurrencies, Fantom strengthening and FTX jerk to $ 32 billion
  • The issuers of the USDC and USDP stabilcoins received licenses in Singapore
  • Experts calculated the benefits of Microstrategy from investing in Ethereum instead of bitcoin
  • The expert predicted the growth of the capitalization of the cryptocurrency market up to $ 300 trillion
  • Allianz economist called a potential trigger for bitcoin growth

Recent Comments

  1. A WordPress Commenter on Hello world!

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022

Categories

  • News
  • Uncategorized
©2023 coin | Design: Newspaperly WordPress Theme