Solana’s daily GitHub submission has spiked once a recent DDoS attack.
Solana — whose native crypto, SOL, is that the fifth-largest cryptocurrency by capitalisation — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack.
As per Santiment knowledge, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. the quantity of daily GitHub submissions for Solana reached ninety between November. twelve and weekday, followed by Polkadot at 76 and Cardano at 65.
The surge in on-chain development activity for Solana comes within the wake of a recent DDoS attack on Thursday that over-involved the network significantly. The fifth-largest blockchain managed to mitigate the problems while not a network closing, however it raised serious considerations over network vulnerability.
A DDoS attack refers to a coordinated botnet-targeted activity that overwhelms a network with fake traffic. several specialists blessed the coordinated DDoS attack on basic style flaws and Solana’s proof-of-history (PoH) agreement mechanism. Earlier, a Grayscale Investment report conjointly flagged Solana’s PoH use and said:
“The Solana consensus mechanism uses a new blockchain technology that is not widely used, and may not function as 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 Sep, the Solana network featured a similar issue once a sudden surge in group action volume led to a network outage that lasted nearly 17 hours. The engineers at the time didn't resolve the difficulty, and validators had to eventually restart the network.
The Solana blockchain has emerged jointly of the fastest-growing good contract networks in 2021 and could be a growing alternative for future suburbanized finance and nonfungible token comes. The project’s growing quality has typically drawn comparisons with Ethereum and has been dubbed the “Ethereum killer” by some. However, growing issues over the basics of the network may prove problematic within the long-standing time.
SOL was eyeing a brand new uncomparable high higher than $200 before the DDoS attack however slouching to a weekly low of $164.15. it's presently trading at $165.20 with a 1.3% decline over the past twenty four hours, in keeping with CoinGecko.
( Prashant Jha, Cointelegraph, 2021)