What is a Sybil Attack?

  • An attacker blocking transactions from other parties, as the attacker controls the nodes that other nodes are connected to
  • Breaking private transactions, as the attacker controls most of the nodes and therefore can tell how these transactions are being routed and where they are originating from)
  • The dominant actor only transmitting the blocks they have created, which would put others on a separate network (and therefore vulnerable to double spend attacks)

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The first layer 1 protocol specifically built to serve DeFi

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Radix DLT — The Decentralized Finance Protocol

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The first layer 1 protocol specifically built to serve DeFi

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