Ethereum Developers Stymie Blockchain Spammer's New Attack

An effort to disrupt the ethereum blockchain was quickly put down today by a team of network developers.

Jun 1, 2017 at 9:35 p.m. UTC
Updated Sep 11, 2021 at 1:24 p.m. UTC

An unknown attacker that previously disrupted operations on the ethereum blockchain returned today, but so far to limited effect.

In an effort that was reminiscent of attempts last year that succeeded in slowing down activity on network, the owner of an address associated with the wave of spam attacks is sending commands meant to use up 'gas', ethereum's unit of computational power.

However, in what's perhaps a sign of how far developers have progressed in the last year, the attack was quickly spotted by the community.

Péter Szilágyi, a developer who works on the project's Go implementation, noted that a few ethereum developers, including ethereum creator Vitalik Buterin and geth developer Nick Johnson, contributed to "raising the alarm".

Within an hour, the popular implementation released a new version called 'Hat Trick', complete with a security fix that changed the structure of some types of data that were being utilized in the new attack.

As of press time, the attacker had not sent transactions from the account for an hour.

Spam image via Shutterstock

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
After the Terra Meltdown: What's Next for Stablecoins?

The largest token collapse in crypto history. So let Luna die.

The largest token collapse in crypto history. So let Luna die.

CoinDesk - Unknown
2
CoinDesk - Unknown
5 Key Takeaways From a16z's State of Crypto Report

The venture firm is extremely bullish on Web 3.

The venture firm is extremely bullish on Web 3.

CoinDesk - Unknown
3
CoinDesk - Unknown
Regulators Are Paying Attention to UST

The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.

The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.

CoinDesk - Unknown
4
CoinDesk - Unknown
San Francisco NFL Player Alex Barrett Taking His Salary in Bitcoin

The most valuable crypto stories for Thursday, May 20, 2022.

The most valuable crypto stories for Thursday, May 20, 2022.

CoinDesk - Unknown