The Ethereum (ETH) network carries a greedy smart contract, which burns up above 53% of all gas. The contract, named Fair Win, burned above 53% of all gas late on Monday.
In the past month, the same contract has shown spikes of activity, which resemble the behavior of a FOMO game. Those types of lotteries rely on users buying tickets, assigning the jackpot to the latest winner.
However, there are indications that the game’s organizers have a way of taking over the game, sending constant transactions to clog up the network. In that way, the organizers can actually buy the last ticket and win the jackpot, making analysts note that the game is actually hi...