There is a vague rumour about Tron network being hacked. Let's investigate what really happen.
First it is this rather interesting Tweet:
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
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