Solana (SOL), the fifth largest cryptocurrency by market cap, is topping the charts for the network despite a recent denial of service (DDoS) attack.
According to Santiment, Solana surpassed Polkadot and Cardano in daily GitHub updates to become the best blockchain in the last month. The daily GitHub updates for Solana reached 90 from November 12 to December 13, followed by Polkadot at 76 and Cardano at 65.
Daily GitHub Updates Bitcoin, Solana, Cardano and Polkadot 11/12/13 | Source: Santiment
The spike in networking activity for Solana continues after a DDoS attack dramatically slowed down the network last week. Solana has been approached for online troubleshooting, but this raises serious concerns about network vulnerabilities.
Many experts blame the DDoS attack on fundamental design flaws and the Solana Proof-of-Histoc (PoH) consensus mechanism. Earlier in the report, Grayscale Investment also mentioned Solana’s use of the PoH algorithm:
“Solana’s consensus mechanism uses a new blockchain technology that is not widely used and may not work as intended. There can be flaws in the cryptography that underlies the network, including vulnerabilities that affect the functionality of Solana or make the network vulnerable. ”
Solana faced the same problem in September when a spike in transactions resulted in a network outage that lasted nearly 17 hours. The engineers at the time couldn’t fix the problem and the validators eventually had to restart the network.
Blockchain Solana has become one of the fastest growing smart contracts in 2021 and is becoming an increasingly popular choice for future DeFi and NFT projects. The growing popularity of the project is often compared to Ethereum and is called by some “the Ethereum killer”. However, growing concern about the fundamentals of the web could make this goal increasingly utopian.
Before the DDoS attack, SOL hit a new all-time high of over $ 260, but fell to a weekly low of $ 164.15. It is currently trading at $ 156, down 9% in the last 24 hours, according to CoinMarketcap.