Tron hack or developer error? What happened in there?

2 21

There is a incessant rumour on Twitter about Tron network being hacked. Let's investigate what really happen. 

First it is this rather intriguing Tweet: 

https://twitter.com/TruthRaiderHQ/status/1323170437656940545

What we found out? During the 4.1 version upgrade period, the TRON Mainnet was attacked by a malicious contract on 2020.11.02 at 06:14 (HKT). The attack initiated malicious transactions, causing the super representatives to stop producing new blocks. It was something to do with getting a profit from the network, while it was stopped. I am thinking that he may wanted to create a sidechain, and to continue to mint ghost TRX and sell it. But i may be wrong. However, after almost 2 hours, at 8.29, Tron network resumed its activity and started to produce new blocks, once again. By 9.40, the whole network was back to normal. Justin Sun was happy to declare that all the funds are safe and i quote (please do not laugh too much):

''Withstand this large-scale attack, once again proving that the #TRON network is the decentralized network with the most resilience and attack defense capabilities in the industry!'' (Justin Sun - 3.11.2020)

Now not too much details were given about what really happen, except that the data on the chain is intact and the user assets are safe. But the response was quick and the danger was contained. Even if all this happened, TRX token price still went down from $0.0258 to $0.0246, which is around 3-4%.

 

Yours truly, 

George

 

Why not...

...have fun and win rewards on blockchain games (Splinterlands - Hearthstone-like card game) (Axie Infinity - NFT battle)

...use the world best cryptocurrency exchangesBinanceCoinbase and Kucoin

...get the higher rewards for your investments using Blockfi and Celsius.network, use referral 1235256530 for $20 bonus. 

The most lucrative faucets that I use: ZENZECPIVXLTC and few others. 

 

Get ETH while writing on Publish0x blog, using the Brave browser - Presearch search engine to maximize your BAT income.

Check my Lbry.tv channel in here. I am also writing on Read.cash (Bitcoin Cash rewards there).

 

Disclaimer: This text also can be re-published on my personal blogs, such as this one.

 

4
$ 1.12
$ 1.11 from @TheRandomRewarder
$ 0.01 from @PVMihalache
Sponsors of Heruvim78
empty
empty
empty

Comments

Justin Sun is a dubious guy

$ 0.00
4 years ago

Great dear my application is pending on publish0x from 1 week what will be happened

$ 0.00
4 years ago