Great Bitcoin Cash MEMPOOL WELIST: Who is behind the height and why
Over the past 24 hours, Bitcoin Cash (BCh) has been reported an unusual increase in transactions with low or not on Mempool. The chart often resembles the Bitcoin (BTC) chart, but with the addition. When we got into this phenomenon, it became clear that there is a specific group behind the growth.
SPAMER INTEMENTS
A closer test of Mempool data reveals a clear pattern of behavior from spammers and malicious actors. These people flood BCH MEMPOOL using low or non-no transactions, often when the network is already crowded. This strategy aims to exhaust transaction fees from legal users, which makes it difficult to send funds.
Why spammers?
There are several reasons why these spammers attack BCh:
- Low transactions’ fees : As mentioned earlier, Mempool transactions with low or without a fee are flooded. These fees are aimed at encouraging legal users to participate in the network, offering encouragement to use lower fees.
- High network embolism : The current high demand for Bitcoin Cash has led to increased congestion on its chain. Spammers use this to exhaust users’ fees, making it easier for them to start future attacks.
- Lack of security measures : Unlike Bitcoin, which implemented various security measures to prevent spamming, BCH transaction fees are not so solid. This allows spammers to use the susceptibility of the network.
waving effect
As a result of these malicious activities, legal users noticed that transaction fees significantly reduced or even sailed away from their wallets. This can lead to:
- Financial losses : spammers can exhaust large amounts of funds from their wallets, which causes significant financial losses for natural persons and companies.
- Network instability : Excessive spamming can destabilize the BCH network, which leads to increased crowds and reduction of transaction speed.
Consequences
When spammers still use BCH MEMPOOL, the consequences will be far -reaching:
- Loss of trust : Bitcoin cash reputation has been violated because of these malicious activities.
- Reduced adoption : When users realize this problem, they may decide not to participate in the network or use it for some transactions, which leads to a reduction in adoption.
Fighting with spam
To fight this problem, BCH programmers and community members work with:
1.
- Increasing monitoring : Regular monitoring of MEMPOOL data will help identify and prevent spamming activities.
To sum up, a recent increase in transactions with a low or small fee at BCH MEMPOOL is largely attributed to malicious actors focused on the network. Understanding the motivations for these attacks and taking steps to improve the safety of the Bitcoin cash chain, we can work on creating a more safe and reliable cryptocurrency ecosystem.