Magnetic X, a top decentralized alternate on the XRP Ledger (XRPL), has efficiently repelled a present dispensed denial-of-carrier (DDoS) attack, constant with a Monday announcement.
Per the alternate, the DDoS attacker wanted a ransom fee of several thousand Tether (USDT). Alternatively, rather than paying the ransom, the alternate chose to “magnify and strengthen” its system.
The DEX says that its products and companies were reconfigured and scaled in hiss to handle “millions of requests.”
Earlier right this moment time, Magenic X announced that it became once going thru a DDoS attack. It warned users that the site became once unstable.
Back in January, it also sounded the dread over a “big” DDoS attack that took location on the XRP Ledger, with hundreds of accounts making millions of transactions. The venture became once also plagued by the attack, with a pair of of its applications not being in a situation to retrieve transaction historical past attributable to nodes being overloaded.
Magnetic DEX is an interface that makes it that that you can additionally have of to work collectively with the XRP Ledger DEX.
It is worth noting that the XRP Ledger is believed to maintain the oldest decentralized alternate. Its DEX has been operational since 2012.
Magnetic DEX permits users to location orders in a convenient diagram after connecting their wallet.
Rather than the decentralized alternate interface, Magenic X offers such functionality as automatic market maker (AMM) swimming pools, yield farming, and NFT introduction.
Per recordsdata equipped by DappRadar, Magenic is the leading app on the XRP Ledger. It is earlier than XPmarekt, First Ledger, xrp.cafe, Sologenic, and onXRP.
