Taiwan Uses Ethereum IPFS Tech to Foil Chinese Cyberattacks Aug 12, 2022 Aug 12, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Ethereum NewsAugust 12, 2022 by Kelly Cromley

Taiwan Uses Ethereum IPFS Tech to Foil Chinese Cyberattacks

The Ministry of Digital Affairs of Taiwan has embraced IPFS technology to protect its network against assaults from China and other enemies. InterPlanetary File System (IPFS), created by Juan Benet eight years back, is a decentralized peer-to-peer (p2p) network that enables users to back up and save data and webpages by storing them along a group of nodes, hence avoiding central sources of failure and restrictions. Commonly, the Ethereum storage and file reference mechanism is likened to the peer-to-peer file sharing mechanism BitTorrent.

The announcement of the IPFS overhaul follows House Speaker Nancy Pelosi’s visit to the island, the first time that a senior-level official since 1997. Digital Minister Audrey Tang said in a talk with the government’s Central News Agency (CNA) on Tuesday that the ministry started the new initiative on the very day China initiated military maneuvers near Taiwan, after Pelosi’s tour.

Tang remarked, “It hasn’t been effectively assaulted and has not been trapped for even a second. It employs a Web3 architecture connected to the worldwide blockchain ecosystem and the international Web2 backbone network.”

It’s quite improbable that it can be shut down without affecting other cryptocurrencies as well, such as Ethereum and NFTs “In continuation, Tang said. She stated additionally that Cloudflare, one of Taiwan’s technological collaborators, also serves the Taiwanese social networking site Dcard.

According to Tang, the idea to implement IPFS arose following Russia’s invasion of Ukraine, during which Russia used cyberattacks to target Ukrainian infrastructure. As per Tang, the amount of cyber assaults against Taiwanese government units on Tuesday exceeded 15,000 gigabits, which is 23 times greater than the earlier daily record.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.