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Title: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 02:44:43 AM JUSTO BOT from Team Just of Fomo3D just found out something very interesting which EOS will be held accountable for.
From his discord.. Today, 40% of the ethereum's network is being used by this contract https://etherscan.io/address/0x98b4ca8bd52e4ed1f28d3f30d9f567d1166c9483 A beautiful and innovative copy-paste of a default ERC20 standard token called "IFishYunYu" with no features. (So it does nothing.) Yet miraculously, it seems tons of "unique" accounts are transferring massive volumes of this token constantly, almost 50 ETH of gas an hour have been steadily used for nearly 24 hours now. Just to transfer individual tokens to the Fcoin exchange. But of course. The exchange is just a red herring to distract you from what's really happening. Let's see what the creator of this contract has been up to recently. https://etherscan.io/tx/0xd0e334dca734071f395cad64df90269113ead321232e5603f66fc6fb2885c654 Looks like he minted nearly 5 Billion Ifish tokens about 12 days ago... to this account 0x45f64a7148d1cfeded427dd4380b458877e7ce56 which split it up across 10 or so accounts, that each do this https://etherscan.io/token/0x98b4ca8bd52e4ed1f28d3f30d9f567d1166c9483?a=0xcd4777b5f4d8779e99ea996bb32988daf0bbbf3b splitting it up across 500-600 accounts each. Which are, the mystery "unique" accounts that are spamming the eth network. So yeah, it's one guy, it's the creator of the token. He was doing it during the previous Fcoin exchange competition too. He's running a multi-sided scheme, he even has bots running "wash" accounts. Like https://etherscan.io/address/0xa67ef2aca4c6459e60821c1b1afe45812c4c1bcd#tokentxns which is pretty cool, it just shoves the token into other accounts, and then those accounts shove it into other accounts, and then back to the big main account to simulate volume on the token itself. Try following a transaction, you'll come right back to the big-daddy account. most importantly on why is this being done? Let's see what one of the accounts funding all this eth might be doing https://etherscan.io/token/0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0?a=0x7a717e226a8b37b912d0effbb0aab24ab690dbdb gee, that sure is a lot of crowdfunded EOS, hundreds of thousands to be exact. From an account that seems to receive large sums of eos and immediately market sell them for thousands of ETH, which is then distributed out to contracts like this. Contracts that have been pulling this kind of transaction attack consistently across the ETH network. Original tweet: https://twitter.com/PoWH3D/status/1018178499574673413 Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 10:35:02 AM EOS has been confronted about it and they have not given an answer yet...
I am ready with my pop corns to enjoy the shitstorm this will generate. Also would short the fuck out of EOS if there were decent ways to do so. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Futurm on July 15, 2018, 10:38:08 AM I think it has something to do with the list system of Fucoin exchange.
Because the last phase of list is planned before July 16th, this project wants list on Fucoin exchange. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 10:40:34 AM I think it has something to do with the list system of Fucoin exchange. Because the last phase of list is planned before July 16th, this project wants list on Fucoin exchange. Read the whole thing.. I despise fcoin but they are just a red herring.. the real culprit here strongly appears to be EOS.. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Yudhisthir on July 15, 2018, 10:45:00 AM Whoever doing this, are just helping ETH.
They are showing where ETH needs to improve in order to stay in the race. Confirmation of EOS original team would further disgrace EOS for ETH followers but not for others. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 11:00:43 AM Whoever doing this, are just helping ETH. They are showing where ETH needs to improve in order to stay in the race. Confirmation of EOS original team would further disgrace EOS for ETH followers but not for others. I doubt they will confirm, but they have been spotted. Hmm I'd like to think so, however Plasma and Sharding not being ready until 2020 makes me wonder why vitalik doesn't support more the various independent offchain scaling solutions like what HBT is doing. Reason why I am bullish on ETC and bearish on ETH. Super bearish on EOS of course, especially after such cheap shots. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 07:51:14 PM Media finally waking up... you heard it here first..
https://ethereumworldnews.com/eos-accused-attacking-ethereum/ https://www.reddit.com/r/ethereum/comments/8yvlis/manipulated_eth_network_gas_prices_look_connected/ https://ethereumworldnews.com/eos-accused-attacking-ethereum/ Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: larsbalzak on July 15, 2018, 07:53:19 PM Also would short the fuck out of EOS if there were decent ways to do so. YES EVERYONE SHORT THIS SHITPROJECT EOS! Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 07:55:19 PM Also would short the fuck out of EOS if there were decent ways to do so. YES EVERYONE SHORT THIS SHITPROJECT EOS! Now these fuckers will have to give an official response to the negative media coverage.. they have been caught wrongdoing, their reputation is going to be ruined and they will finally be exposed for the worthless scamming pieces of shit they really are. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: sabine80 on July 15, 2018, 08:05:30 PM that does not look good for eos. if thats true, that would be a shame for the eos project. for me, eos would not be interesting anymore.
Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: SlyWax on July 15, 2018, 09:54:22 PM All that it shows is that ETH is weak if it can be attacked like that.
The rest is PR. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 15, 2018, 10:47:03 PM that does not look good for eos. if thats true, that would be a shame for the eos project. for me, eos would not be interesting anymore. You can verify yourself clicking on those etherscan addresses. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: ramarianz on July 15, 2018, 11:23:42 PM well, if that true, i dont think EOS will going well for the future,
hit the competitor with dirty tactic ? oh ghost , so fucking shit. but need more proof for believe it. if cointelegraph post about it, i will believe it. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 16, 2018, 01:08:08 AM https://bitcointalk.org/index.php?topic=4683238
I came to the realisation that if eth ever drops below 100$, it's fucked. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: devilman59 on July 16, 2018, 01:10:03 AM EOS and everyone promoting it is the epitome of what's wrong in crypto. A non-functioning product that has seemingly squandered BILLIONS from investors, while attacking other real products to try and make themselves look better. A complete and utter disgrace.
Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: ethergod on July 16, 2018, 01:12:47 AM I wouldn't be shocked if this were true, and if so I don't think it should be approved because Ethereum is an established, honest project. On the other hand I think these types of attacks are inevitable and will ultimately make the defences stronger.
Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Harriti on July 16, 2018, 01:21:59 AM I see that you've created 3 threads about this case. Why don't you just update this one? I think it'll be better for everyone to get updated about this case from your threads :).
Beside IMO I think this case will affect to EOS price a lot and I think it's the worst news for EOS holders and investors. LOL. But how about ETH price? Do you think it's possible that ETH price will dump just because of this attack? Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tactical Genius on July 16, 2018, 01:25:24 AM Well,this is pretty bad for EOS given the fact that evidence so far explicitly points to them being the cause of this attack.People will lose faith in it soon.They may want to make clear the reason for such an attack if they feel it wasn't done intentionally.
Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 16, 2018, 01:50:37 AM well, if that true, i dont think EOS will going well for the future, hit the competitor with dirty tactic ? oh ghost , so fucking shit. but need more proof for believe it. if cointelegraph post about it, i will believe it. Why you need mainstream to spoonfeed this when you can just click the damn link yourself and verify? Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 17, 2018, 01:37:21 AM Well,this is pretty bad for EOS given the fact that evidence so far explicitly points to them being the cause of this attack.People will lose faith in it soon.They may want to make clear the reason for such an attack if they feel it wasn't done intentionally. They quickly denied without providing any evidence. Big liars. Unfortunately there's many people like the guy above who won't think there was an attack "because the news didn't go on cointelegraph" though so for them to completely lose their reputation there needs to be more noise about this. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: bit..what? on July 17, 2018, 01:46:15 AM But what does eos want to achieve with that?
Do they just want to show how bad eth is or are they following a different plan? Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 17, 2018, 03:59:14 AM But what does eos want to achieve with that? Do they just want to show how bad eth is or are they following a different plan? Obviously they want more and more people to complain about the ethereum network so that wannabes (such as them) can be considered. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 18, 2018, 04:49:59 AM I see that you've created 3 threads about this case. Why don't you just update this one? I think it'll be better for everyone to get updated about this case from your threads :). Beside IMO I think this case will affect to EOS price a lot and I think it's the worst news for EOS holders and investors. LOL. But how about ETH price? Do you think it's possible that ETH price will dump just because of this attack? Ethereum price won't benefit from all these attacks, and the sad thing is the lower the price will go, the easier the attacks will get. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Yaunfitda on July 18, 2018, 05:08:12 AM Ok. Taking my popcorn now and see how it goes. Lol.
I don't have EOS because I don't think this is just another coins for the same purpose, pump-and-dump. But when it was touted to be the ETH killer, it gained some grounds from some investors. Looks like they are replicating what Bitcoin Cash (BCH) did to Bitcoin last November 2017, but we all know what happens next. I have yet to digest all the info you posted here but it really looks very interesting. ;D Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: eternalgloom on July 18, 2018, 09:45:57 AM Here's the official response from Dan Larimer regarding the supposed attack on ETH by EOS:
Quote I can assure you block one wouldn’t be so stupid to spend our resources attacking eth when all it takes is crypto kitties. There are far smarter and more cost-effective ways at bringing eth down if that were the goal. Source: https://bcfocus.com/altcoin/did-eos-attack-ethereum-blockchain-dan-larimer-responds/18373/Not making any statements here myself, just posting the response. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 18, 2018, 12:24:53 PM Here's the official response from Dan Larimer regarding the supposed attack on ETH by EOS: Quote I can assure you block one wouldn’t be so stupid to spend our resources attacking eth when all it takes is crypto kitties. There are far smarter and more cost-effective ways at bringing eth down if that were the goal. Source: https://bcfocus.com/altcoin/did-eos-attack-ethereum-blockchain-dan-larimer-responds/18373/Not making any statements here myself, just posting the response. Thank you for posting that. Obviously DAN LAMER is being passive aggressive because he has been caught on the spot. Interestingly, he does not dear to give any explanation on why IFISHYUNYU ACCOUNTS ALL USED EOS FUNDS IN ORDER TO PAY FOR THE GAS FEES OF THOSE THOUSANDS OF USELESS TRANSACTIONS. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: lobo13hf on July 18, 2018, 12:39:55 PM Here's the official response from Dan Larimer regarding the supposed attack on ETH by EOS: Quote I can assure you block one wouldn’t be so stupid to spend our resources attacking eth when all it takes is crypto kitties. There are far smarter and more cost-effective ways at bringing eth down if that were the goal. Source: https://bcfocus.com/altcoin/did-eos-attack-ethereum-blockchain-dan-larimer-responds/18373/Not making any statements here myself, just posting the response. Thank you for posting that. Obviously DAN LAMER is being passive aggressive because he has been caught on the spot. Interestingly, he does not dear to give any explanation on why IFISHYUNYU ACCOUNTS ALL USED EOS FUNDS IN ORDER TO PAY FOR THE GAS FEES OF THOSE THOUSANDS OF USELESS TRANSACTIONS. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: ashmodeus on July 19, 2018, 06:54:03 AM so damn news,
cheat is mean losing, do you aggree ? now i dont think EOS will be good for longterm. but the fact , price going up with the bad news came any idea ? Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: vseslav90 on July 19, 2018, 09:33:52 AM EOS is becoming more popular these days and it is not surprising that ETH has quite decreased now. I think it will has finished in the nearest future.
Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 19, 2018, 03:10:32 PM EOS is becoming more popular these days and it is not surprising that ETH has quite decreased now. I think it will has finished in the nearest future. Yes, more and more popular as #1 clown of the top 10. Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: lksufrr on July 24, 2018, 09:12:55 AM EOS looks like as a promising alternative cryptocurrency as members of cryptomarket think. I agree with them, because EOS is increasing now so much and it has potential I think.
Title: Re: ETHEREUM UNDER ATTACK BY EOS (with crowdfunded 50ETH/hour!) Post by: Tyr808 on July 25, 2018, 05:37:57 AM EOS looks like as a promising alternative cryptocurrency as members of cryptomarket think. I agree with them, because EOS is increasing now so much and it has potential I think. Yeah potential for memes. |