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Ethereum L1 must maintain high TVL & users

CN
Ignas | DeFi Research
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3 hours ago
AI summarizes in 5 seconds.

Ethereum L1 must maintain high TVL & users!

Higher TVL & more users -> more address poisoning attack transactions-> more ETH burnt.

If TVL goes to L2s/alt-L1s, dusting attacks also leave :(

On a more serious note, the attack success rate is just 0.01% (1 in 10,000 transfers), but as Ethereum L1 scales, address poisoning attacks get cheaper so poisoning became industrialized.

After the Fusaka upgrade cut attack costs by up to 600%, sub-$0.01 'dust' transfers increased, then cooled but still stayed above pre-Fusaka levels.

Is there solution for this? Perhaps increasing gas costs for low-value transactions?

Probably not gonna happen. It's easier to learn address management and CEXs as well as wallets like Rabby are making sending txs safer.


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