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IOST: IRC-100 Protocol suffered a large-scale attack before launch, causing network congestion and downtime

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On December 18, IOST, a blockchain technology application platform, announced that the IRC-100 Protocol had suffered a large-scale attack before its launch, as well as network congestion and downtime due to unfamiliarity with the IOST environment. User funds are safe. Due to a full transaction pool, new transactions are facing delay issues. The network has reached its capacity for processing transactions, and pending transactions are still waiting. Network upgrades will solve this problem. IOST transfers will be restored as soon as possible.

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