Ethereum Continues to Be Exploited; Another Hard Fork?

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2EthereumHardForks (1)The Ethereum network is still struggling to deal with various DoS and transaction spam attacks that are causing delays for wallet platforms, exchanges, and users, whereby Ethereum may have to undergo another hard fork to solve the issue.

Jeffrey Wilcke, Ethereum co-founder and developer, recently stated:

To temper the attacks, the ‘gas price’, which is the amount of ether needed to be sent to run a contract on the network, must be adjusted. With some operations underpriced on the network, the attacker has taken advantage of this, making clients engage in more work or money than the ‘gas price’ necessary for the transactions.

A hard fork would fix the problem, but potentially

Read more ... source: TheBitcoinNews

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