Solana-based DePIN io.net CEO claims network was attacked in detailed postmortem

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Solana-based DePIN io.net CEO claims network was attacked in detailed postmortem
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Users on X had raised questions about the number of GPUs available on Io.net's platform, leading the protocol's executives to respond.

Ahmad Shadid, the CEO of decentralized compute provider io.net, has responded to critics who had questioned the number of GPUs truly available on the platform with a detailed post-mortem claiming the network had been attacked by users attempting to spoof GPU availability in return for future rewards.

Shadid explained how the company became aware that users were increasingly spoofing GPUs in order to solicit rewards from the network in what Shadid characterized as a Sybil attack, or an attack on the nodes of a network. "Ten days ago, we saw an enormous spike of ~1.8M fake GPUs attempting to connect to the network, and our team prioritized identifying and blocking these devices," Shadid explained.

Shadid was clear that the attack did not affect io.net's development plans. "We are launching a second rewards program for suppliers running May 1st to May 30th, and I encourage any suppliers to reach out and talk to our team," Shadid wrote, before adding, "We are still on track to launch IO Cloud v2 and $IO Coin - we will not let these bumps in the road slow us down.

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