Scalability Over Stability? Solana Experiences Third Network Outage in Six Months
DailyCoin
Published Jan 04, 2022 09:09AM ET
Updated Jan 04, 2022 09:30AM ET
Scalability Over Stability? Solana Experiences Third Network Outage in Six Months
Solana prides itself as the world’s first web-scale blockchain. The project quickly rose up the crypto ranking as it spotted a highly scalable decentralized blockchain capable of consistently processing over 2,500 transactions per second and teaching 50,000 TPS.
Solana takes an uncommon route, implementing the Proof of History blockchain model. PoH creates a historical record for events on the network. While other blockchains require validators, Solana validator maintains its own clock by encoding time passage in a simple SHA-256 – making transaction confirmation faster.
Solana Suffers Another Outage After a DDoS Attack
Since launching its Proof of History, Solana has suffered issues with stability. In the last six months, the Solana network has recorded three outages.
On September 14, the Solana network was offline for 17 hours. Then, in December, the Solana network experienced a sudden drop in transaction speeds after another DDoS attack.
The most recent was recorded in the early hours of Tuesday, January 4, when the Solana network was reportedly hit with a distributed denial-of-service (DDoS) attack. The DDoS attack sent the Solana Network offline for a couple of hours.
Wu Blockchain announced that by 8:00 UTC, the issue had been fixed, and Solana was back to functioning properly. A Grayscale security report explained that the DDoS attacks on Solana stem from possible flaws in the network’s cryptography.
Justin Bons of Cyber Capital, Solana’s proof of history consensus model, may not be sufficiently secure against DDoS attacks.
On The Flipside
- Despite its lack of stability, Solana remains one of the fastest networks, claiming to process 50,000 transactions per second.
Why You Should Care
Although Proof of History drastically improves the speed and capacity of the Solana network, stability has to be prioritized for sustainable network growth.
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