Manta Network Successfully Mitigates Large-Scale DDoS Attack
Manta Network, a layer-2 blockchain developed by P0xeidon Labs, has effectively countered a significant distributed denial-of-service (DDoS) attack. The incident took place concurrently with the launch of the network’s token on various major exchanges. According to Kenny Li, co-founder of P0xeidon Labs, the blockchain experienced an unprecedented 135 million remote procedure call (RPC) requests, which he described as “a very aggressive and timed attack.” While the attack temporarily hindered communication between applications and the blockchain, Li assured users that the blockchain operations remained secure and all funds were unaffected.
Rest assured, we are not going anywhere. We have built for three years, and we see no end in sight. Thank you so much for your support as a community.
Kenny Li
DDoS Attack Coincides with Manta Token Debut on Major Exchanges
The DDoS attack occurred as Manta tokens made their trading debut on prominent exchanges like Binance, Bithumb, and KuCoin. Despite the attack, the Manta token has already achieved a value of $2.27 and a fully diluted market capitalization of $2.2 billion. Within the last 24 hours, the trading volume has reached nearly $861 million. This successful launch and subsequent attack highlight the resilience and security of Manta Network, reassuring users that the platform is here to stay.
Hot Take: Manta Network Defends Against Massive DDoS Attack
Manta Network recently faced a massive distributed denial-of-service (DDoS) attack while its tokens were being introduced on major exchanges. Despite the unprecedented 135 million remote procedure call (RPC) requests, the blockchain’s operations remained secure and funds were unaffected. The attack temporarily disrupted communication between applications and the network but was swiftly mitigated by Manta Network’s robust defenses. This incident showcases the strength and reliability of Manta Network as it successfully navigates challenges in its early stages. With a promising market value and trading volume, Manta Network is poised for further growth and success in the crypto landscape.
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