According to Bitcoin Gold's official Twitter account (BTG), the BTG platform is under a massive demand barrage of 10 Million requests per minute when Altcoin is just launched. With such a large volume attack, the BTG site is down and it takes several days to function again.
The attack was an onslaught of Cyber crime activities carried out in the second quarter of 2017, in which large amounts of Cryptocurrency were stolen in various ways, including the Ransomeware Virus attacks and the theft of company wall detail.
Blockchain As A Solution For DDoS
The problem with the Bitcoin Gold (BTG) site is centered on bandwidth availability, which is the ability of a site to handle and process data per minute. With a request of 10 million per minute, the Bitcoin Gold (BTG) site does not have enough bandwidth to process the request, so the Site is down.
Thankfully, the decentralization that Blockchain provides has created a new way to tackle bandwidth-centered DDosS attacks. Through Blockchain, both available and unused bandwidth can be monetized and collected as backup bandwidth for sale to companies seeking protection from DDoS attacks.
Hacking expert Daan Pepijn argues, "During DDoS attacks, this backup bandwidth is used to deflect and absorb bad traffic coming from Zombie machines (DDoS Attacker engine used by Hacker BlackHat) .Whoever has a computer, a fast broadband connection, as well as bandwidth reserves, can lease their excess bandwidth to contribute to the DDoS mitigation nodes pool, which is a collection of bandwidth globally and regionally. "
By simplifying the bandwidth requirements and combining these advantages, the technology allows companies to effectively use backup resources to protect the core servers from future DDoS attacks. Without a solution provided by Blockchain technology, DDoS attacks such as those experienced by Bitcoin Gold (BTG) will always result in a Shut Down (temporary server stop).
Gait WhiteHat Hacker In Blockchain
Blockchain is also used to provide incentives to White Hackers, which are hackers who try to protect a platform from malicious BlackHat hackers. Blockchain offers an incentive if one of the Bugs in a blockchain can be found and repaired. This is one strategy where malicious Hackers are faced with enemies of the same profession, it is hoped that all potential weaknesses in a system can be found, exploited and patched.
For example, on Digital Currency Dash, the company recently hired a group of WhiteHat Hackers totaling * item1. item60,000 hackers to unload their Blockchain platforms by all means, including bug searches that might be exploited by irresponsible parties. This process resulted in a much safer Blockchain system for the company.
Currently, other Cryptocurrency platforms are also trying to use the same way to protect companies from the worst attacks on their Blockchain system. Daan Pepijn added, "According to BugCrowd, crypto business companies around the world have so far paid $ 6 million to WhiteHat Hackers that can renew the safer Blockchain ecosystem."