DDOS attack against Ethereum Pools Anatomy **
Ethereum, one of the largest and most frequently used blockchain platforms, is susceptible to DDOS (distributed service). These attacks were addressed to Ethereum pools, which are organizations, accumulate calculation resources to confirm transactions and to secure the network. In this article we will examine why the pools are directed to DDOS attacks and what can be behind these attacks.
What benefits from the DDOS attack on the Ethereum pool?
The DDOS attack in the Ethereum pool can have distant consequences, including financial losses for pool operators, their reputation damage and a possible loss of consumer confidence. However, it is very important to understand that not everyone who is involved in the Ethereum pool must receive the DDOS attack.
The role of the third party actors
There are several units that can take part in the beginning of DDOS attacks on Ethereum -Pools:
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- Manipulation of the market : Some people or companies can try to manipulate market prices by starting DDOS attacks in Ethereum pools, which creates the illusion of increased demand for specific cryptocurrencies.
Why are the pools on DDOS attacks?
There are several reasons why Ethereum pools can be attractive for their goals:
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What is behind most Ddos of the Ethereum basin?
Studies show that most DDOS attacks by Ethereum Basin are carried out by individuals or small groups from Eastern European countries. According to the study of the cyber security center at the University of Queensland, more than 70% of all DDOS attacks against Ethereum Pools were attributed to Russian and Ukrainian people.
Although it is difficult to precisely determine the exact percentage, this data show that there are probably organized groups or people who are actively involved in the introduction of DDOS in Ethereum pools. However, the regulatory authorities of the law enforcement authorities and the fight against money laundering (money laundering) work tirelessly to identify and disturb these operations.
To alleviate the risk
In order to mitigate the risks associated with DDOS attacks against Ethereum pools, the operators should:
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- Work with the law enforcement authorities : Carefully work with AML supervisory authorities and law enforcement authorities in order to report alleged malware.
Understanding the motivations of the DDOS attacks of the Ethereum basin and proactive measures to reduce this risk can reduce their effects and protect against financial loss and call.