Zellic Saved $NEAR From A Catastrophe! 🚹 & Here Is How 👇

Zellic has found a critical vulnerability in the NEAR Protocol's network that could have let attackers crash any node and thus take down the entire network! For who may doesn't know, Zellic is a blockchain security firm that is specialized in identifying and addressing vulnerabilities! Fortunately, this firm found the issue before anyone else! NEAR's team promptly fixed the issue and rewarded Zellic with $150'000. But what exactly was this vulnerability?

It is called "Web3 Ping of Death" and the hack consist in overloading nodes with faulty signatures, causing them to crash repeatedly and disrupt the network's stability. It’s like using a bad key to break multiple locks, which could bring down the entire network. In my opinion NEAR, by running its HackenProof’s bug bounty platform program, has has shown commitment in terms of security and consequently anticipated potential devastating hacks!

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