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The Rise of DDoS Attack in Blockchain Network

January 12, 2024
in Blockchain
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Have you ever encountered situations where websites become slow to respond? On other occasions, you may have accessed the same websites without any issues. What could be the cause of the delay in loading the website or accessing its functionalities? The answer could be DDoS attacks or Distributed Denial of Service attacks. These types of attacks exploit vulnerabilities in the design of a website. The way blockchain DDoS attacks work demonstrates that they can result in slow website performance, and sometimes the website may not even load. Blockchain networks are inherently resistant to Distributed Denial of Service attacks. DDoS attacks rely on overwhelming a website with a large amount of traffic, causing it to crash. Blockchain is protected from traditional DDoS attacks because its decentralized design eliminates the possibility of a single point of failure. However, the possibility of a blockchain DDoS attack cannot be completely ignored due to decentralization. Hackers may not flood the network with transaction requests or pings. Instead, they may choose to flood the blockchain with spam transactions, causing congestion in the network and slowing down the completion of legitimate transactions. Let’s delve deeper into DDoS attacks in blockchain and how to resolve them. The first thing you need to understand before exploring the impact of a DDoS attack in a blockchain network is the basic definition of a DDoS attack. It refers to any attack that overwhelms a website’s systems with a massive volume of internet traffic. DDoS attacks aim to bring down a website and reduce its ability to function properly. Hackers can carry out a DDoS attack by exploiting bottlenecks in the website’s design. This process typically involves thousands of bots connecting to the website and using up bandwidth. These bots reduce the resources available to genuine users, preventing them from connecting to the website. If you want to know how to identify a DDoS attack, you must understand how it works. DDoS attacks primarily occur for two main reasons. Firstly, hackers may hold a website hostage and demand payment from the website owner to stop the attack. Businesses have often been forced to pay the ransom when they couldn’t quickly fix the vulnerability. Secondly, DDoS attacks can be used to tarnish a company’s reputation. Malicious competitors may launch a DDoS attack to demonstrate that the company lacks the resources to counter such attacks. With approximately 20,000 to 30,000 DDoS attacks occurring every day, it is crucial to find effective ways to resolve them. There are different types of DDoS attacks, including layer 4 attacks that target various bottlenecks in a website. Some common types of DDoS attacks include volumetric attacks, application attacks, protocol attacks, TCP connection attacks, and fragmentation attacks. Volumetric attacks aim to consume the bandwidth within the target network or service, causing congestion. These attacks consume bandwidth and make it difficult for the website to connect to the internet. Application attacks target the application itself rather than the surrounding infrastructure. One concerning aspect of application attacks is that they can be carried out using smaller systems with lower computing power. Protocol attacks disrupt the network’s ability to complete functions by sending incomplete or fragmented data. TCP connection attacks occupy all available connections to infrastructure devices, such as application servers and firewalls. Fragmentation attacks overwhelm websites with fragmented data, making it difficult for them to process the data or requests. Identifying DDoS attacks involves looking for signs such as unavailability of a website or service, performance issues, or sudden spikes in website traffic. Penetration testing and traffic analytics tools can help detect signs of a DDoS attack, such as suspicious traffic from a single IP range or unexplained surges in requests to a particular endpoint or page. DDoS attacks can also exhibit different patterns based on their sophistication and duration. They can be long-term attacks or burst attacks that last for only a few seconds or a minute. Understanding how blockchain technology works is essential to grasp how blockchain DDoS attacks operate. Blockchain networks are decentralized, meaning they have multiple nodes working together to verify transactions. Traditional DDoS attacks can only compromise a few nodes in a blockchain network, but they won’t affect the entire network. However, blockchain networks are not completely immune to DDoS attacks. Different blockchain networks have varying levels of resistance to DDoS attacks, depending on factors such as the number of nodes responsible for transaction validation, node client diversity, total network hash rate, and validator schedule confidentiality. DDoS attacks in blockchain networks typically target the protocol layer rather than individual nodes. Smart contract attacks and transaction flooding are common methods used to deploy DDoS attacks in blockchain networks.



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Tags: AttackBlockchainDDoSNetworkrise
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