Ethereum new patched client “Come at me bro” fails against new attack - Polidicks

Source: [url]http://cointimes.tech/2016/10/ethereum-new-patched-client-come-at-me-bro-fails-against-new-attack/[/url] [video]https://twitter.com/ethereumproject/status/782871833741815809[/video] Soon after patch [video]https://twitter.com/TuurDemeester/status/783185529743474688[/video] [video]Most services can't run parity as it's not stable and devs can't seem to make up their mind on the IPC calls. [url]https://ethstats.net[/url] Lots of infinity times on blocks for geth. Large part of the network is totally offline. I've seen some nodes trying to use 30+ gigs of ram[/video] From source/article. [QUOTE="CoinTimes"] Overcomplexity its success and now its demise? Is the overcomplexity of ethereum that its community hailed also its demise? its proving to be the case, the fix/patches are causing more unintended problems time after time since the ethereum fork due to the DAO hack. with a $250,000 a month in developers cost to “maintain” a smart-contract platform “database” that is usually not functioning 100%. users/holders having to constantly “update” “patch” and do certain technical requirements for a simple wallet or watch contract/watch coin. for a long-term holder it seems like a nightmare and stressful situation to deal with. [/QUOTE] [QUOTE]Its apparent that the ethereum “wars” is still ongoing since the DAO hack. The constant attack with little effort has proven effective numerous times. 0x3898d7580aa5b8ad8a56fcd7f7af690e97112419 – this address, previously used in the spam attack has been creating >1000 new contracts, currently at a rate of about 30/min.[/QUOTE] TL;DR Ethereum is cryptocurrency but also world decentralized super computer (you spend ethereum and run code on ethereum nodes) Attackers spend 5000$ - 10000$ of Ethereum to launch current DoS attack (again), crashes Ethereum Geth nodes (full Ethereum node). Some nodes RAM were filled with 30GB, huge part of network was offline. DoS Attacks are happening for 2 weeks now. This means attacker has burned some pairs of 10k$ each DoS attack.

The DDoSers are just trying to keep the Geth from rebelling.

Might be worth putting what the hell Ethereum is in the TLDR, thought it was a game rather than a crypto currency. Edit: Cheers for short description!

The famous words strike again to remind the planet to never, [B]EVER[/B] get too cocky for exact reasons like this..

[QUOTE=Fourier;51157226] DoS Attacks are happening for 2 weeks now. This means attacker has burned some pairs of 10k$ each DoS attack.[/QUOTE] DoS & DDoS attacks for financial gain are pretty common in the crypto currency world, although I'm not sure how often it happens against the coin's network itself. Many shady investors attempt to temporarily lower the value of coins so that they can buy in when it's low and sell when it inevitably rebounds. Who knows for sure, but that's probably the case here.

[QUOTE=coolgame8013;51158212]The famous words strike again to remind the planet to never, [B]EVER[/B] get too cocky for exact reasons like this..[/QUOTE] Yeah, that was cocky from devs, it will shake them quite a bit. [editline]6th October 2016[/editline] [QUOTE=spkypwnsuall;51158159]Might be worth putting what the hell Ethereum is in the TLDR, thought it was a game rather than a crypto currency.[/QUOTE] Here, added short description of Ethereum.

i remember when some weird guy came here and made a thread trying to hype it up saying it was like the next best thing in cryptocurrency lol

so how long before the FOSS community's circlejerk for blockchains dies cause i've kinda had enough of it