Analyst: Reason behind Solana’s network slowdown isn’t a DDoS attack, but…
Solana‘s price rally has been exponential over the years. To be fair, other Ethereum competitors, including Cardano, Polkadot, Terra, etc have also seen major in price rallies. But Solana’s rise has been something special.
Solana is technically still in its beta phase. It is well known that Solana offers extreme transaction speeds but that speed comes at a price – the validator requirements are extremely high. This has resulted in other issues, primarily being due to validators who don’t have that high of a processing power to handle network activity. Such validator nodes can cause slowdowns or instability.
And this very flaw was exploited when recently the blockchain suffered a distributed denial of service (DDoS) attack that slowed down the
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