Tron Network Suffers A ‘Large Scale Attack’ Now Back Online After Two Hours Of No Blocks


“TRON network gets back to normal. Enjoy sending money on TRON!” said Justin Sun, founder of Tron and CEO of BitTorrent.

The tweet has been regarding the Tron blockchain halting block generation early on November 2nd at block height 24653194. It hasn’t been until just over two hours later that it resumed.

Due to maintenance, several cryptocurrency exchanges Huobi, BitMAX, and Hufu then announced the suspension of deposit and withdrawal of Tron and TRC20 tokens, as per a Chinese media outlet.

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After the network was back online again, Sun took to Twitter to share the reason behind the downtime.

“During the 4.1 version upgrade period, the TRON Mainnet was attacked by a malicious contract on 2020.11.02 at 06:14 (HKT),” said Sun.

The attacker was able to initiate malicious transactions and cause Super representatives to suspend block production by using the authority granted to the contract developer.

“As the busiest blockchain network in the industry, the attacker hopes to get profit from the suspension of block production.”

But the Tron community acted immediately and fixed the problem. At 08:29, the main Tron network gradually resumed block production, and at 9:40, it returned to normal.

Sun further ensured that the data on the 15th largest blockchain remains intact, and the assets of the users are also “absolutely safe.”

“Withstand this large-scale attack, once again proving that the TRON network is the decentralized network with the most resilience and attack defense capabilities in the industry,” said Sun.

The price of the token TRX remained unaffected by the reports of an attempted malicious attack. At the time of writing, TRX was trading at $0.0248, down 4% along with the rest of the crypto market, which is recording losses across the board in tandem with the fall in BTC price to under $13,350.

Tron (TRX) Live Price

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