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- io.internet addresses community assault, restoring full operational standing after countering counterfeit GPU inflow.
- CEO Shadid reassures stakeholders about continued progress on improvement initiatives.
- Executives reply to criticisms and trace that there could possibly be private motives behind this.
Decentralized compute supplier io.internet not too long ago confronted a problem as its community got here underneath assault by customers looking for to control GPU availability for future rewards. In response to criticisms and inquiries relating to the authenticity of its protocol, CEO Ahmad Shadid tweeted a autopsy detailing the incident and the following measures taken to rectify the scenario.
Shadid acknowledged the assault, characterizing it as a Sybil assault involving numerous GPUs making an attempt to entry the community. Regardless of the complexities confronted by the community throughout this era the CEO reassured stakeholders that io.internet’s community infrastructure has been absolutely restored to operational standing. Nevertheless, he famous the opportunity of a brief scarcity in GPU provide as accomplice nodes are reintegrated into the community.
The CEO added that the assault didn’t disrupt io.internet’s ongoing improvement initiatives. The corporate stays steadfast in its dedication to launching a second rewards program and progressing with the discharge of IO Cloud v2 and $IO Coin.
Crypto group member Martin Shkeli raised queries relating to the legitimacy of io.internet’s protocol. Whereas acknowledging the shortcomings they did earlier the corporate executives highlighted the continued performance and enlargement of the community regardless of the challenges encountered.
Furthermore, executives hinted at potential private motives or aggressive elements influencing a number of the criticism directed in the direction of io.internet significantly from Shkreli. Nevertheless, they reaffirmed the corporate’s dedication to its mission and targets within the decentralized laptop area.
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