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Cardano Mitigates DDoS Attack

Nasdaq broadcast about Cardano. Cardano Mitigates DDoS Attack. The Cardano (ADA-USD) blockchain successfully thwarted a distributed denial of service (DDoS) attack aimed at stealing staked tokens. The attack, which occurred late Tuesday, involved flooding the network with spam transactions to disrupt its operations. However, Cardano’s network continued to operate without any downtime.

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About Cardano

Cardano is a cryptocurrency project and blockchain platform that aims to provide a more secure and scalable platform for decentralized applications. It was founded by Charles Hoskinson in 2015 and is based on the Ouroboros consensus algorithm. The platform is designed to have a higher transaction throughput and lower fees than other blockchain platforms. Cardano’s native cryptocurrency is ADA, which is used to pay for transactions and staking on the network.

     
     


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News seen on: Nasdaq
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Blockchains

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Cardano, Nasdaq

Listing ID

WCN01058