Educational Post:

What is an Eclipse Attack?

An eclipse attack is a relatively simple attack that a malicious actor may deploy to interfere with nodes on a network. As the name may suggest, the attack aims to obscure a participant’s view of the peer-to-peer network, in order to cause general disruption, or to prepare for more sophisticated attacks.

How an eclipse attack works

Bitcoin miners require specialized equipment in order to generate new blocks, but non-mining (or full) nodes are easily run on minimal computational power. This aids the decentralization of Bitcoin, as anyone can spin up a node on a low-spec device. The software maintains a database of transactions that it synchronizes with its immediate peers, so as to remain in lockstep with the network.

A limiting factor for many nodes is bandwidth. Though there is a tremendous amount of devices running the software, the average device is unable to connect directly to many of them due to limitations set out in the Bitcoin software (which only permits a maximum of 125 connections).

In an eclipse attack, the malicious actor will ensure that all of the target’s connections are made to attacker-controlled nodes. The entity will first flood the target with its own IP addresses, which the victim will likely connect to upon the restart of their software. A restart can either be forced (i.e. with a DDoS attack on the target), or the attacker can simply wait for it to occur. 

Once this has occurred, the unsuspecting victim is at the mercy of the malicious nodes – with no view of the wider network, they can be fed incorrect data by the attacker.

MITH pumping hard, made a high of 219 sats. So far more than 225% profit from our entry. Book some profit here and hold the rest with trailing stop loss.

MITH USDT chased all targets. A total of 227% profit from one trade. Pin our channel on top to never miss a signal and share it with your friends and family. Keep Earning 😊

GTC/BTC
Gitcoin describes itself as a community of builders, creators and protocols that have come together in order to develop the future of the open internet.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 1297-1455-1785-2050 satoshi

GTC/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $2.769-2.995-3.457-4.015

SL: $1.989

GTC/BTC cleared liquidity below channel, and massive buying volume has been deducted, now bulls are getting ready to send it to mars 🚀

ETH broke the major resistance level. ETH now testing the resistance of $1410-$1420 area. If you added ETH near $1000 then it is in 30-35% profit. Increase your stop loss near $1250 level and hold the long position. A break above $1420 will open gates for $1600-$1700 level.

AUCTION BTC pair made a high 3724 sats, that is more than 34% profit from our entry.

AUCTION USDT made a high of $7.97 today, that is a total of 45% profit from our entry. Keep booking profit time to time. Pin our channel on top to never miss a signal and share it with your friends and family. Keep Earning 😊

FIO/BTC
FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 254-305-355-415 satoshi

FIO/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.0559-0.06675-0.08895-0.1015

SL: $0.0297

FIO/BTC breakout falling wedge after hunting stop losses below the trendline support, now it's ready to fly 🚀

FIO achieved first target within minutes. That is quick 13% profit.

WRX analysis:

WRX is trading in the range and respecting the support and resistance levels. The major resistance is $0.283-$0.305 area. This is the level you need to watch. Currently there is no good setup for trade.

Bitcoin cannot break and hold above the $21,400-$21,500 resistance area. BTC is again trying to break this level. Let's see if BTC is able to break this level. We will see some movement when the US stock market opens.

#GTC/BTC

Hit 1290 | 11% 📈

UTK/BTC
Utrust (UTK) was designed to provide a solution to the problems resulting in low usability of cryptocurrency as means of payment, particularly the underdeveloped transactional security of payment platforms and relatively high fees.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 695-805-985-1200 satoshi

UTK/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.1547-0.2175-0.2875-0.3785

SL: $0.1003

UTK/BTC breakout descending triangle after hunting stops below the horizontal support, now it's ready to fly 🚀

The TOTAL crypto marketcap broke the resistance line after long accumulation. If daily candle close above it then we see continuation of the upward movement. The next resistance is $1.08-$1.20 trillion area.