Solana on-chain development is picking up after the recent DDoS attack

solarium -whose native cryptocurrency SOL is the fifth largest by market capitalization- leads the on-chain development charts despite the recent DDoS (Distributed Denial of Service) attack.

According to the Santiment data, Solana has surpassed Polkadot and Cardano’s daily GitHub submission rates and has become the leading blockchain in the last month. The number of daily GitHub posts for Solana hit 90 between November 12 and Monday, followed by Polkadot at 76 and Cardano at 65.

Daily posts on GitHub for Bitcoin, Solana, Cardano and Polkadot between November 12 and December 13, 2021. Source: Santiment

Increased on-chain development activity for Solana resulted from a recent DDoS attack on Thursday that significantly slowed the network. The fifth largest blockchain managed to mitigate the problems without shutting down the network, but raised serious concerns about the vulnerability of the network.

Solana on-chain development is picking up after the recent DDoS attack
Solana on-chain development is picking up after the recent DDoS attack

A DDoS attack refers to the coordinated activity of a botnet that floods a network with spoofed traffic. Many experts have linked the coordinated DDoS attack to fundamental design flaws and the Solana Proof-of-History (PoH) consensus mechanism.. Previously, a report from Grayscale Investment had also mentioned Solana’s use of PoH, saying:

“Solana’s consensus mechanism uses a new blockchain technology that is not widely used and may not work as intended. The network’s underlying cryptocurrency may have flaws, including bugs that affect the functionality of the Solana network or make the network vulnerable to attack. “

In September, the Solana network had a similar problem when a sudden surge in transaction volume caused a network outage that lasted almost 17 hours.. The engineers at the time were unable to resolve the problem and the auditors eventually had to restart the network.

The Solana blockchain has become one of the fastest growing smart contract networks in 2021 and is an increasingly important option for upcoming decentralized financial projects and non-fungible tokens.. The project’s growing popularity has often drawn comparisons to Ethereum and has been dubbed the “Ethereum killer” by some. However, growing concerns about the fundamentals of the network could prove problematic in the long run.

SOL was aiming for a new all-time high of over $ 200 before the DDoS attack, but plunged to a weekly low of $ 164.15. It is currently trading at $ 165.20, down 1.3% over the past 24 hours, according to CoinGecko.

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