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Ignas | DeFi
@DefiIgnas
Subscribe to my DeFi blog to get ahead of the curve 👉 Co-founder of @PinkBrains_io DeFi Creator Studio
Joined February 2017
1.8K Following    160.5K Followers
Ethereum txs reaching ATH due to address poisoning attacks. Every time the gas limit is raised and tx fees go down, it costs less to 'dust' a wallet. For example, after Fusaka, sub-$0.01 dust txs increased by 600%. Etherscan reported that Ethereum address poisoning succeeds about 0.01% of the time: 1 in 10,000 transfers tricks a user into sending funds to an attacker. Actually, Ethereum might benefit from RAISING fees as they it makes address poisoning attacks more expensive and it burns more $ETH.
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