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February 13, 2014, 01:09:27 PM |
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I'm still new to all of this but in that chatbox, or what ppl call the troll box, I see from time to time people reference DDOS attacks. What exactly is this? From what I found from Googling, a DOS attack on a website is where it floods the website with traffic so it crashes (i could be wrong on this). I saw a ton of buys & sells on BTC-E for tiny amounts 0.01-0.07, is this what they are talking about?
Piggy-backing off that question, what is the benefit for someone to do this? What is the negative effect it has for people trying to legit trade on there?
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