Duel Network Migrates to Polygon Blockchain after Binance Chain Attack
Duel Network, a blockchain-based platform, announced today that it was under attack on the Binance Chain, resulting in an unexpected behaviour of Duel tokens’ price. The company’s technical staff quickly detected that the assault targeted the coin minting agreement, triggering the price action.
Important Announcement for Duelist!
We request all Duel holders to read it.🤺
Together, we will go further!🦾
Stay with #DuelNetwork!
To read: https://t.co/PVd3z7H8Hl
— Duel Network 🤺 (@duel_network) April 9, 2023
To ensure the safety of their contracts and control the price action, Duel Network’s technical team worked diligently to discover the attack and respond accordingly. The company has decided to migrate immediately from the Binance Chain to the Polygon blockchain. It is currently in discussions with three different blockchain systems.
Duel Network Assures Holders of Wallet and Token Safety during Migration to Polygon Blockchain
During the transition, Duel Network has provided instructions for holders to move their coins from Binance Chain to Polygon automatically. They have also advised the holders to eliminate LPs to prevent issues during the migration. Users should also refrain from trading until it is completed. Deposits to the MEXC will be suspended until the migration has successfully finished.
Duel Network has reassured its holders that their wallets and tokens are safe. This move is to alleviate the issues that were created by the Binance Chain and avoid any similar exploits. The company has stated that there is no risk associated with any tokens or wallets. The decision to migrate to the Polygon blockchain will enable Duel Network to benefit from its robust infrastructure. This system will provide faster and cheaper transactions.
Duel Network’s Response to Attack Shows Commitment to Security and Innovation
Duel Network’s quick response to the attack on the Binance Chain demonstrates its commitment to the safety and security of its platform and holders. The company’s decision to migrate to the Polygon blockchain is a positive move. Moreover, it will enhance the platform’s capabilities and provide its users with a better experience.
As the world of blockchain technology evolves, companies like Duel Network will continue to seek innovative solutions to provide their users with the best possible experience. The migration to the Polygon blockchain is just one example of how companies can adapt to the changing landscape of blockchain technology to ensure the safety and security of their platforms and users.
