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Blurring The Lines: Observations On DDoS And Bitcoin

DDoS attacks on Bitstamp are getting more sophisticated than the ‘clog the pipe’ DDoS is a crude tool that can be used to shut down a website. DDoS and hacking have traditionally been seen as two mutually exclusive security initiatives, each requiring its own set of mitigating strategies. The nature of the bitcoin system is completely unregulated and unmonitored by any third party. If you accept Bitcoin, or are considering accepting Bitcoin, think seriously about the fact that it is a platform whose sophisticated cryptographic methodologies for exchanging funds can be by undermined and breached by a DDoS attack.”]

Source: https://informationsecuritybuzz.com/articles/blurring-lines-observations-ddos-bitcoin/

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