Whether the cryptocurrency hype makes you crypto curious or crypto skeptical, there are many ways your life could be affected by crypto’s underlying technology, blockchain.
Whether the cryptocurrency hype makes you crypto curious or crypto skeptical, there are many ways your life could be affected by crypto’s underlying technology, blockchain.
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New research paper claims to describe how BDos attack can cripple blockchain Tech
Researchers at Cornell Tech and the Technion Israel Institute of Technology claim to have uncovered a fresh way to execute a denial-of-service attack (DoS) on a proof-of-work blockchain network.
The blockchain denial of service (BDoS) attack was described in a recent academic paper they presented this October at the 2020 ACM SIGSAC Conference on Computer and Communications Security. The researchers argue that a BDoS is the first type of incentive-based blockchain attack that “exploits the reward mechanism to discourage miner participation.”
During a standard denial of service (DoS) attacks, the culprit targets the victim’s web servers. The assailant barrages the servers with spam traffic, overloading it, thus rendering it unable to serve legitimate requests. These types of attacks are more challenging to launch against a decentralized network. According to the authors, a successful DoS