October 1, 2022

A strange activity of 30,000 addresses has been recorded on the Litecoin network

A strange activity of 30,000 addresses has been recorded on the Litecoin network

One of the developers of Litecoin reported suspicious activity on the network, which may be associated with a summer dust attack.

Franklin Richards wrote on his blog that recently, in the lightcoin network, one can periodically observe large-scale automated actions behind which unknown persons stand.

According to him, usually on average per day activeabout 40 thousand addresses perform operations, but BitInfoCharts statistics show that every seven days this indicator jumps to 70 thousand, and then drops sharply again. These abnormal peaks are noticeable even with a cursory glance.

The developer believes that such a strange behaviorThe network, which lasts from August, is associated with a summer dust attack, when unknown people massively sent microtransactions of 0.00000546 LTC to users' addresses in order to track their further movement and deanonymize the owners.

However, Franklin Richards notes that without access to additional data tools, it is difficult to analyze strange activity and its impact on the network.

Recall that earlier Litecoin founder Charlie Lee explained the reason for the lack of protocol updates for a long time.