A security researcher claims Ethereum’s recent network surge could be linked to address poisoning attacks that are exploiting low gas fees on Ethereum.
Recent record network activity on Ethereum could be linked to a wave of address poisoning attacks that are taking advantage of low gas fees since December, said security researcher Andrey Sergeenkov.
Cointelegraph reported on Friday that network activity retention nearly doubled to 8 million addresses in a month, while daily transactions hit an all-time high of almost 2.9 million.
The week starting Jan. 12 saw 2.7 million new addresses, 170% higher than typical values, while daily transactions surged to over 2.5 million, said Sergeenkov.
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