November 5, 2024

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Is Solana’s network (SOL) fundamentally weak?  » Crypto Insiders

Is Solana’s network (SOL) fundamentally weak? » Crypto Insiders

Solana (SOL) was recently another target big cyber attack. A few days ago, refined Distributed Denial of Service (DDoS) Launched an attack on Solana’s network. The network survived, but it revived concerns about potential structural problems in the network.

Design flaws

Fortunately, Solana’s network survived a DDoS attack a few days ago. However, this wasn’t the first time Grid had come under fire. A similar attack took place in September and the consequences were much more serious at that time. The network has completely stopped broadcasting for at least 17 hours.

Despite the fact that Solana managed to hold out this time around, many investors and analysts are concerned about the stability of the network. People wonder if Solana isn’t structurally too fragile.

Justin Pons

According to Cyber ​​Capital’s Chief Information Officer, Justin PonsThese frequent network attacks are the result of serious network design flaws proof of history The protocol that forms the basis of the Solana ecosystem.

Solana combines the most familiar things proof of stake consensus model with date proof protocol. This ensures, so to speak, that the network has enormous capacity. However, this enormous capacity comes at the expense of the security and stability of the network, says Justin Pons.

If Pons hits the nail on his analysis of the current situation, it is unlikely that more such attacks will occur on Solana’s network in the future.

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Of course, despite the problems it is currently facing, Solana is a very promising platform. This is also reflected in SOL . price. In the past year, that price has gone up more than 11000%.