What if I got liquidated right now?

Question

COTI - Currency of the Internet

Peyman

What if I got liquidated right now?

#coti #cryptocurrency #english

0

01.02.2022

20 ответов

12 просмотров

Zippy Zoro | Resolute Node

apanasenko P
I think we are safe because they have the put in p...

Yes but the team really need to think about what would happen if ever there was a sustained DDOS attack. Liquidations all around and not way to sign-in or update your stakes

0

01.02.2022

Théo

Zippy Zoro | Resolute Node
Yes but the team really need to think about what w...

we need the ledger so bad

0

01.02.2022

Zippy Zoro | Resolute Node

Théo
we need the ledger so bad

I doubt ledger will have staking support meaning the single point of failure "website" still exists Mobile apps might fix that, however I'm guessing that they use shared URL's and API's

0

01.02.2022

Théo

Zippy Zoro | Resolute Node
I doubt ledger will have staking support meaning t...

they are working on it

0

01.02.2022

Zippy Zoro | Resolute Node

Théo
they are working on it

Ledger to have staking support?

0

01.02.2022

Geordie R

Zippy Zoro | Resolute Node
I doubt ledger will have staking support meaning t...

Ledger would just basically secure your seed/secret key .I don't see why treasury wouldn't work wtc

0

01.02.2022

Théo

Zippy Zoro | Resolute Node
I doubt ledger will have staking support meaning t...

coti is on it sice june or july last year

0

01.02.2022

apanasenko P

Zippy Zoro | Resolute Node
Yes but the team really need to think about what w...

DDOS attack will involve a single or multiple attacker firing a tremendous amount of transactions simultaneously, they will have to pay a lot of fees to carry that attack. Is it possible? probably yes , is it super expensive to do? Yes :)

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01.02.2022

Zippy Zoro | Resolute Node

DDOS attacks are very cheap and can be rented. anyway I think I've made my point about single points of failure. Having CDN's set up for most of the main stressed URL/API calls would fix this by having multi-region support with localized delivery = akamai or similiar And then just cloud based load balancing for everything = CloudFlare or similar

0

01.02.2022

Zippy Zoro | Resolute Node

Dude we as a community just did exactly what you are saying they are smart enough to avoid DDOS against the site and main URLS

0

01.02.2022

Théo

Zippy Zoro | Resolute Node
Dude we as a community just did exactly what you a...

i see but it's just the beginning

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01.02.2022

Prince || COTI

Zippy Zoro | Resolute Node
Dude we as a community just did exactly what you a...

Zippy thanks for the information. With the current situation, I personally feel this is not the right time for this talk.

0

01.02.2022

Zippy Zoro | Resolute Node

Prince || COTI
Zippy thanks for the information. With the current...

Noted

0

01.02.2022

apanasenko P

Zippy Zoro | Resolute Node
DDOS attacks are very cheap and can be rented. an...

You can't prevent it altogether as they may be carried out from of actual Viper accounts. It will definitely will not be cheap as it will involve creating actual transactions and paying fees for each one. I'm sure they are smart enough to put a throttling mechanism in place.

0

01.02.2022

Théo

Zippy Zoro | Resolute Node
Noted

you should had it to the question for coti if it's not too late, your concern are important

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01.02.2022

Zippy Zoro | Resolute Node

Théo
you should had it to the question for coti if it's...

Yeah I'll submit to the AMA, However I think it's more a feedback form type of thing that discussing in public

0

01.02.2022