io.net, the "AI + DePIN" project of the Solana ecosystem that received US$30 million in Series A financing, has attracted market attention since its launch. Unexpectedly, on April 25, the io.net official website malfunctioned and was hacked. Guest @ledrog123 tampered with the front-end data, causing the airdrop of the project token $IO to be postponed. Today (29th), io.net CEO and founder Ahmad Shadid once again came forward to fully explain the matter.
Hire a new technical chief who has worked at Binance
Ahmad Shadid responded to why there was no immediate response to the hack. Ahmad Shadid said the number of GPUs has grown exponentially since io.net announced its fundraising and incentive program in early March. Early on, these GPUs are sending out valid signals and the cluster status is stable. However, by mid-March, there was an influx of new nodes. Therefore, io.net failed to prepare a large amount of infrastructure to meet the rapid growth of GPUs.
Ahmad Shadid said that in order to support the infrastructure improvements of io.net and cooperate with the launch of IO Cloud v2 at the end of April and the upcoming TGE, they hired new CTO Gaurav Sharma to join the team, and said that Gaurav has worked at Binance, Amazon, Agoda, eBay He holds important technical positions in well-known companies.
Protect users’ airdrop rights
Facing the community, the biggest concern is whether hackers have affected airdrop rights. Ahmad Shadid pointed out that in the process of stabilizing the infrastructure, they began to suspect that organized bad actors were using various strategies to disguise workers, which was a type of Sybil attack (forging nodes in the network). Security teams began identifying the different techniques used by impersonators and developed countermeasures to identify and remove them, permanently preventing them from connecting to the network.
Recently, community members began to report that these pretenders were selling virtualized GPUs and other services designed to fake GPUs to earn money from the io.net rewards program on the Internet. Starting ten days ago, the io.net team also discovered attempts to The number of connected fake GPUs jumped to approximately 1.8 million, and the team prioritized identifying and blocking these devices. Therefore, Ahmad Shadid promises to absolutely protect the rights and interests of every user, especially the fairness in the airdrop reward program.
