Solanas on-chain development activity has actually increased in the wake a DDoS attack that occurred on Thursday, which severely affected the network. The fifth-largest blockchain was able to fix the issue without a network shut down, it raised serious concerns about network vulnerability.
According to Santiment data Solana has gone beyond Cardano and Polkadots day-to-day GitHub submissions rates to become the top blockchain in the last month. In Between Nov. 12th and Monday, Solana received 90 daily GitHub submissions. Polkadot was next at 76, and Cardano at 64.
Daily GitHub Submissions Bitcoin, Solana and Cardano beginning Nov. 12 through Dec. 13, 2021. Source: Santiment
Solana, whose native cryptocurrency, SOL is the fifth-largest by market capitalization, leads on-chain development charts, regardless of a recent distributed-denial-of-service attack (DDoS).
DDoS refers to a coordinated botnet targeted activity that overwhelms a network using fake traffic. Experts blamed the coordinated DDoS attack for essential style defects along with Solanas Proof-of-history agreement system. Grayscale Investment reported previously that Solana used PoH and mentioned:
According to Santiment information Solana has actually exceeded Cardano and Polkadots daily GitHub submissions rates to become the top blockchain in the last month. In Between Nov. 12th and Monday, Solana got 90 daily GitHub submissions. Professionals blamed the collaborated DDoS attack for fundamental design flaws as well as Solanas Proof-of-history consensus system. The Solana blockchain is one of the fastest growing clever agreement networks in 2021.
SOL had been poised for a brand-new record high of $200, however it plunged to a weekly low at $164.15. According to CoinGecko, it is currently trading at $165.20 and has actually experienced a 1.3% drop in the last 24 hours.
The September failure at Solana caused by a rise in deal volume resulted in a network downtime of nearly 17 hours. The issue was not resolved by the engineers, so validators were needed to reboot the network.
The Solana blockchain is one of the fastest growing smart agreement networks in 2021. There are growing concerns about the networks basics that might lead to issues in the long-lasting.
” The Solana consensus system utilizes brand-new blockchain technology, which isnt widely used and may not work as intended.” The cryptography that underpins the network may have flaws, such as flaws that impact the Solana Networks functionality or make it vulnerable to attacks.