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Ethereum: which prevents similar attacks during the fight in Bitcoin, as happened with Verge
In recent years, several strong attacks have directed cryptocurrencies, including Bitcoin and Ethereum. A noteworthy example is hack « Verge » in May 2018, which revealed millions of wallets for users for potential thefts. In this article, we deepen what we prevent similar attacks during the fight in Bitcoin.
What is a war attack?
The combat time of the time is a sort of phishing attack in which the attacker sends a large number of false transactions to the victim’s wallet, making him empty over time. This happens when Blockchain temporal transactions are performed disabled, which causes loss of activity.
Verge Sensitivity: cryptocurrency of the test of work
Verge, also known as Dogecoin, is a trial cryptocurrency (power), which uses a consent mechanism called Bitcoin Script. Like most cryptocurrencies power, Verge is based on the network to check the transaction and maintain the integrity of the blockchain.
Why are the temporal attacks of trial cryptocurrencies?
One of the reasons why time attacks develop in the driving environments is that they can use the decentralized nature of these networks. Here’s how:
- Decentralized Network : Cryptocurrencies POW have a distributed network in which each node (calculation device) verifies transactions and maintains the integrity of the blockchain.
2.
What prevents attacks during Bitcoin fight?
To prevent Bitcoin -like attacks like Hack Verge, several funds have been implemented:
1.
- Stak test protocol (POS)
: instead of using Jena to protect transactions, Bitcoin uses the stake test protocol (POS), which rewards validators with a certain number of coins to protect transactions e Do not solve the mathematical mathematical complex of mathematical puzzles.
- Increase in security : The development of new techniques and cryptographic algorithms has improved the safety of the Bitcoin network.
Application
Hack Verge serves as a clear reminder that the prisoner cryptocurrencies -of War are not resistant to temporal attacks. However, by implementing funds, such as the random creation of blocks, POS protocols and greater safety, the Bitcoin network has been able to prevent similar attacks.
As the evolutions of the world of cryptocurrencies, developers, miners and users are necessary to be informed about the latest security measures and the best practices to protect themselves from potential threats.