Solana Summer Over? Infrastructure Growth Gains Steam Despite DDoS Attack, 40% Price Plunge

Company

GETBLOCK

December 15, 2021

4 min read

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Solana, a high-performance smart contracts platform was recently targeted by a second DDoS attack in three months.

DDoS attack clogged Solana network. IDOs in charge?

On Dec.10, the users of Solana-based wallet started reporting the delays in transactions. Blockasset, the platform for non-fungible tokens on Solana, was the first dApp to confirm the problems.

Also, this firm was the first one to identify ‘DDoS-attack’ as the potential trigger for network collapse. Many IDOs warned their investors about the possible delays with token distribution.
Instead, leading Solana-centric infrastructure community GenesysGo DAO attributed all issues to ‘growing pains’ of the blockchain and avoided calling them ‘DDoS-attack’. The Solana Foundation did not confirm the fact of the attack.

Company

GETBLOCK

December 15, 2021

4 min read

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