Web3 IPFS Currently Used For Phishing


Web3 has recently attracted interest, however it hasn’t yet been widely and practically used for anything other than phishing. A wide range of technologies are included in the idea of Web 3. The InterPlanetary File System (IPFS), a peer-to-peer (P2P) object storage system that focuses on content addressing rather than location addressing, will be the main focus of this article rather than the blockchain components of Web3.

Simply put, a distributed hash table approach is used to find a duplicate of each file. Each file is addressed by a cryptographic hash. The hash immutably identifies the file and is contained in a thing called a content identifier (CID).

Read More…