Solana on-chain development increases after a recent DDoS attack
Solana on-chain development increases afterward a contempo DDoS set on
Solana's daily GitHub submission has spiked subsequently a recent DDoS set on.
18137 Total views
113 Total shares
Solana — whose native crypto, SOL, is the 5th-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) assault.
As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. The number of daily GitHub submissions for Solana reached 90 between Nov. 12 and Monday, followed past Polkadot at 76 and Cardano at 65.
The surge in on-chain development activity for Solana comes in the wake of a contempo DDoS assail on Th that slowed downwards the network considerably. The 5th-largest blockchain managed to mitigate the issues without a network shutdown, but it raised serious concerns over network vulnerability.
A DDoS assault refers to a coordinated botnet-targeted activity that overwhelms a network with fake traffic. Many experts blamed the coordinated DDoS attack on fundamental design flaws and Solana's proof-of-history (PoH) consensus machinery. Earlier, a Grayscale Investment report also flagged Solana's PoH utilize and said:
"The Solana consensus mechanism uses a new blockchain technology that is not widely used, and may not part every bit intended. There may be flaws in the cryptography underlying the network, including flaws that affect the functionality of the Solana Network or make the network vulnerable to attack."
In September, the Solana network faced a similar upshot when a sudden surge in transaction book led to a network outage that lasted nearly 17 hours. The engineers at the time failed to resolve the upshot, and validators had to eventually restart the network.
The Solana blockchain has emerged equally i of the fastest-growing smart contract networks in 2022 and is a growing choice for upcoming decentralized finance and nonfungible token projects. The project's growing popularity has oft drawn comparisons with Ethereum and has been dubbed the "Ethereum killer" by some. However, growing concerns over the fundamentals of the network could bear witness problematic in the long run.
SOL was eyeing a new all-time high to a higher place $200 earlier the DDoS assault just slumped to a weekly depression of $164.15. It is currently trading at $165.20 with a i.iii% pass up over the past 24 hours, according to CoinGecko.
Source: https://cointelegraph.com/news/solana-on-chain-development-increases-after-a-recent-ddos-attack
Posted by: pagewilovents1972.blogspot.com
0 Response to "Solana on-chain development increases after a recent DDoS attack"
Post a Comment