The Chinese FOMO Lottery continues to grab the bandwidth of Ethereum


LastWinner's gambling activities can be enhanced by bots that mimic a higher level of activity.


The high load of the Ethereum network continues for days, since an intelligent contract usually consumes more than 30% of gas. The reason for the activity has become clearer – according to experts, it was really a game similar to the FOMO3D model. This time, however, the game called LastWinner was aimed at Chinese users. The LastWinner smart contract, however, is not based solely on the players.

It is possible that even the thousands of transactions are generated by bots, in fact fictitious activities and even possibly preventing anyone from actually becoming the last player to buy a ticket.

"The address of the contract in question was created by a developer of Chinese mobile games called LastWinner.The rules of this game are very similar to those of Fomo3D and its clones that have become very popular in the last two months that have led to the congestion of the Ethereum network, "said Yo Kwon, CEO of Hosho, a smart security firm firm.

Hosho experts have decompiled the code and noticed many similarities with the FOMO3D game. However, it is not yet clear what the nuances of the intelligent contract are.

What LastWinner's intentions are, it is not yet clear to Hosho's experts:

"Lastwinner's choice not to publish its source code is one of the main reasons why the FUD and the items related to the contract are able to circulate and are difficult to refute However, if the rumors are true, Lastwinner is taking advantage of an uninformed population – the Chinese mobile users – with the charm of big money payments, to trick them into a contract that could do not be safe, "Yo Kwon said in a statement sent by e-mail.

Rumors about the game also claim that the flow of transactions is caused by automated bots, which obscure the rules of the game against human players.

https: // twitter. com / mdjordan911 / status / 1026983151770292224

For now, there are only a few distributed apps that suffer from congestion and high gas prices, especially CryptoKitties: CryptoKitties / status / 1027629792726679553

But it is not clear to what extent the game takes place. At the moment, the dollar equivalent in the intelligent contract that manages the game is in the possession of the equivalent of over $ 12 million, or more than 34,000 ETHs, against the 21,000 of yesterday. It seems that, together with normal automated activity, someone is sending ETH to increase the jackpot.

FOMO3D games have more complicated rules than simply buying the last ticket: the team and the strategies form and there are dividend payments along the way. The game itself is not a scam, but it could open the door to scams. FOMO games often reappear in new iterations with different countdowns or payment opportunities.

Source link