• Polygon is under attack from a blockchain game, which is sending gas prices to new highs

  • Polygon’s fees have just been raised. It appears that a network-based play-to-earn game is to blame.

    Unintentional DDOS Causes Sluggishness And A Gas Surge

    Polygon, a layer-two solution based on Ethereum and known for its quick processing speeds and low rates, has been knocked off balance by Sunflower Farmers, an agriculture game established on the network.

    Users flocked to social media to complain about many failed purchases and poor transaction processing. While networks such as Solana and Ethereum have had similar challenges in the past owing to a complicated DeFi project and an NFT drop, respectively, many have been astonished that the reason of this difficulty is a simple game in which players compete to obtain resources.

    Several experts have likened the situation to an unintentional distributed denial of service (DDOS) assault, in which numerous IP addresses target the bandwidth or resources of a single server.

    The impact of this unintentional attack on the Polygon network is thought to be significantly bigger than the four-year-old slowness on the Ethereum network caused by Cryptokitties, a prominent NFT at the time. During this time, the Ethereum network was sluggish for weeks.

    Because of the increased use of network resources, transaction costs have risen to around 50 cents, up from less than a cent previously, more than fifty times their former value. Active addresses on the Polygon network have also increased by more than 60% in less than a week. Many of these are thought to be bots employed by some players to harvest resources in the game.

    The usage of bots in play-to-earn games is not a new phenomenon. Axie Infinity, a popular play-to-earn game, has also experienced trouble detecting bot activity in its games.

    Dan Elitzer, co-founder of Nascent, a crypto investment business, remarked on the incident, challenging the viability of running a blockchain with such low fees.

    “Perfect example of why monolithic L1s with minimal fees are unsustainable in the long run.” If you make global state and computation free, people will do stupid things until it breaks or the price rises sufficiently to make them stop. There are no TPS levels that are high enough for this.”

    The Outcome

    Polygon is now trading at $2.06 and has a market capitalization of $14.82 billion, ranking it 14th among all cryptocurrencies. MATIC has dropped by as much as 19% in the last week, while trading volumes have dropped by a startling 49.05%.

    In December, the network announced a billion-dollar investment in zk-STARK, a decentralized app that will allow users to confirm they have particular information without disclosing it. In addition, the network cooperated with Seven Seven Six to launch a $200 million fund to stimulate the development of web 3.0 social media platforms.

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