Hoskinson reacts to failed decentralized denial-of-service DDoS attack on Cardano after hackers lose funds

Cardano founder Charles Hoskinson has expressed his happiness over the network’s success in thwarting a decentralized denial-of-service (DDoS) attack that cost hackers their funds.

Yesterday, the Cardano network was the target of a decentralized denial-of-service (DDoS) attack designed to overload the system with junk traffic.

Raul Antonio, CTO of Fluid Token, observed that the intrusion began at block 10,487,530 of the Cardano network. Each transaction in the block triggered 194 smart contracts, and the hacker put pressure on the network by filling each block with multiple transactions. Notably, the hacker spent 0.9 ADA per transaction.

Meanwhile, during the attack, Anastasia Labs CEO Phillip Disarro revealed a strategy to combat the attack. He suggested canceling the stake certificates used by the hacker so that anyone can claim their 400 ADA, effectively stopping the DDoS attack.

DiSarro further explained that the hacker would need another 400 ADA to restart the attack. However, these funds can be transferred from them again through the same methods.

Cardano DDoS hack loses funds

In a subsequent update, DiSarro revealed that the hackers paused their attack after reading his warning, but it was too late and their funds had been drained. He spoke about the irony of the incident, in which an attacker who may have aimed to harm the ecosystem ended up losing funds.

This surprising turn of fate has caused widespread reaction in the community. It gives Cardano supporters more reasons to praise the network. A community member commented on the development, further praising the network's ability to respond to the problem.

Cardano founder Charles Hoskinson responded to the comment and replied with a happy GIF, smiling and giving a thumbs-up to the critic.

Notably, the funds transferred from the hack were donated to Anastasia Labs’ ongoing open-source smart contract project.

Notably, the Cardano network functioned as intended during the attack, with no impact on activity. Furthermore, validators processed these transactions with ease and without stress testing. Interestingly, ADA’s price even rose following news that Cardano had suffered a decentralized denial-of-service (DDoS) attack.

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