Solana, whose native cryptocurrency SOL is the fifth largest cryptocurrency by market value, leads the network development charts despite a recent Denial of Service (DDoS) attack.
According to Santiment data, Solana surpassed the daily GitHub submission rates for Polkadot and Cardano and became the leading blockchain last month. The number of daily GitHub pushes for Solana reached 90 between November 12 and Monday, followed by Polkadot at 76 and Cardano at 65.
Bitcoin, Solans, Cardano and Polkadot are uploaded daily to GitHub from November 12 to December. 13, 2021. Source: Sentiment
The increase in network development activity for Solana comes after a recent DDoS attack on Thursday, which slowed the network significantly. The fifth largest blockchain managed to solve the problems without taking the network down, but this raised serious concerns about the vulnerability of the network.
A DDoS attack refers to a coordinated activity targeting a botnet that floods the network with fake traffic. Many experts have blamed the coordinated DDoS attack on fundamental design flaws and Solana’s consensus mechanism for proof of history (PoH). Earlier, an investment report in shades of gray also reported on Solana’s use of PoH and stated:
“The Solana consensus mechanism uses new blockchain technology that is not widely used and may not work as intended. There may be errors in the cryptography underlying the network, including errors that affect the functionality of the Solana network or make the network vulnerable to attack.”
In September, Solana’s network faced a similar problem when a sudden increase in transaction volume resulted in a network outage that lasted almost 17 hours. The engineers at the time were unable to fix the problem, and the validators had to restart the network.
The Solana blockchain has become one of the fastest growing smart contract networks in 2021 and is an increasingly popular choice for future decentralized financial and non-fungible token projects. The growing popularity of the project is often compared to Ethereum, and some call it the “Ethereum killer”. However, the increasing preoccupation with the basics of the network can prove to be problematic in the long run.
Before the DDoS attack, SOL reached a new all-time high above $ 200, but fell to a weekly low of $ 164.15. It is currently trading at $ 165.20, down 1.3% over the last 24 hours, according to CoinGecko.