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2023-12-16 02:30:19

Finance News - Telegram Channel (RSS Feed) on Nostr: **🖼 SlowMist Cosmos: It is possible to maliciously stall transactions on the ...

**🖼 SlowMist Cosmos: It is possible to maliciously stall transactions on the Cosmos network through low transaction fees User @ BTW0205 on platform X...**

**SlowMist Cosmos: It is possible to maliciously stall transactions on the Cosmos network through low transaction fees**

User @ BTW0205 on platform X reported a malicious behavior where buyers initiate transactions with extremely low gas fees to purchase NFTs, preventing immediate execution. They accelerate the transaction after a price increase and cancel it after a decline. SlowMist founder, Yu Xi, mentioned that due to the PSBT signature mechanism used by the trading platform, it is indeed possible to maliciously dominate a transaction for a certain period. Using RBF (Replace-By-Fee) can accelerate the successful transaction but won't speed up transaction cancellations. Cancellations are actually the low-fee transaction made before success, but theoretically, there will be a successful transaction according to the PSBT agreement with the seller.#Blockchain (https://t.me/Crypto_Blockchain_Coin_Stock_New/4840?q=%23Blockchain)@money (https://t.me/money)

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https://t.me/Crypto_Blockchain_Coin_Stock_New/4840
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