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Ethereum Network Overcomes Malicious New Year’s Eve Attack

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The Ethereum Community was the target of a coordinated attack in recent days, affecting consumer platform Parity, which threatened to trigger vital downtime.

Malicious Assault to Undermine Ethereum Community

The assault started on December 30 when invalid blocks had been despatched to the community, which triggered node operators utilizing the Parity consumer, which handles over $50 billion USD in property and underpins among the most bold tasks on the Ethereum blockchain. The invalid blocks triggered the node operators utilizing the Parity consumer to lose sync with the community.

Sergio Demian Lerner, a cryptocurrency safety advisor, defined the character of the Ethereum attack on Twitter: “The assault is easy: you ship to a Parity node a block with invalid transactions, however legitimate header (borrowed from one other block) The node will mark the block header as invalid and ban this block header perpetually however the header remains to be legitimate.” Parity Expertise was fast to react to the assault and subsequently issued a sequence of community upgrades to guard towards it.

Whereas the supply of the assault and the attacker’s motives stay unclear, it could seem as if it was an try to undermine the credibility of Ethereum and its Parity consumer. In contrast to most crypto assaults that try to take advantage of digital property to be able to revenue financially, this assault was on the community itself and didn’t carry a revenue. Notably, the assault got here lower than two weeks after Parity mentioned it could not help the Ethereum consumer and was within the strategy of delegating upkeep to a distributed autonomous group.

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Google Lifts Ethereum Extension Play Retailer Ban

In different Ethereum information, Google has lifted its Play Store ban on browser extension MetaMask, which features a built-in crypto pockets enabling Chrome to run Ethereum-based decentralized purposes, or dApps, without having to function a full Ethereum node. Google banned MetaMask in December after reportedly mistaking it for a mining app. The information coincides with Binance.US’s announcement that it was opening beta testing of its iOS app.

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