The Solana network is experiencing a performance hit for the second time this week

The Solana blockchain has seen its second incident this week’s network performance degradation. According to Solana, this is due to an increase in transactions that require more per calculation.

This reduced the capacity of the network from the original 50,000 transactions per second (TPS) to several thousand TPS. Solana cited this as the reason for failed transactions among users, adding that their developers were already working on fixing the issues.

This latest network issue occurred just days after a similar incident on Tuesday where users were experiencing the same issues. Many speculated that Tuesday’s incident was due to a Distributed Denial of Service (DDoS) attack, but Solana co-founder Anatoly Yakovenko, answered say on twitter it’s just that “Pain to bring a new term to market”.

The Solana network is experiencing a performance hit for the second time this week
The Solana network is experiencing a performance hit for the second time this week

Amid these recent drawbacks, Cyber ​​Capital’s Chief Investment Officer, Justin Bons, expressed his disapproval of Solana and posted a series of tweets detailing his reasons for not supporting the project. Bons claims that Solana is “consistently show a pattern of misconduct” Yes “Prioritizing attracting ignorant investors over good blockchain design.”

Bons also criticized network security, mentioning that DDoS attacks are not the only problem. He said that DDoS attacks can be combined with a 51% attack. This would allow attackers to “temporarily gain proportional control over the network by attacking other parties”.

Yakovenko dismiss that as “exhaustive nonsense”, say that “It is impossible to transfer a private key via DDoS.”

Last year Solana suffered a DDoS attack that had a similar effect and reduced network performance. Austin Federa, director of communications at Solana Labs, said the outage came after a series of transactions during an initial DEX offering that “landed on a Solana block that was consuming an excessive amount of computing power”. “The calculation for these types of transactions was not properly measured by the network and the blocks were taking much longer to process than the network expected,” said Federa.

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