{"id":3300,"date":"2024-04-11T06:35:41","date_gmt":"2024-04-11T06:35:41","guid":{"rendered":"https:\/\/solanacrypto.news\/2024\/04\/11\/ddos-attacks-impact-the-network\/"},"modified":"2024-04-11T06:35:41","modified_gmt":"2024-04-11T06:35:41","slug":"ddos-attacks-impact-the-network","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2024\/04\/11\/ddos-attacks-impact-the-network\/","title":{"rendered":"DDoS Attacks Impact the Network"},"content":{"rendered":"
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In the Solana<\/a> (SOL<\/a>) network, a covert war occurs between major players, each trying to \u201csink\u201d their competitors.<\/strong><\/p>\n

Analyst Duo Nine spoke about the hidden battle and the schemes used by its participants.<\/p>\n

Solana\u2019s Major Players in War<\/h2>\n

Duo Nine claims<\/a> that among the major crypto projects on Solana, there is a hidden war that even ordinary participants in the crypto community \u2014 potential victims of the confrontation \u2014 are unaware of. According to him, users may be unable to conduct a transaction on Solana due to the conflict. <\/p>\n

The analyst believes that major players are launching DDoS attacks against each other<\/a> to gain priority in adding their transactions to the cryptocurrency\u2019s blockchain. As a result, users of the projects targeted by rivals cannot conduct a transaction because the attacking side occupies all the space in the blocks. This can also be visible in validators\u2019 data. <\/p>\n

Delays in conducting operations can lead to network malfunctions. The reputation of the project targeted by such attacks can also suffer. As a result, users of problematic platforms may decide to switch to competitors\u2019 sites. For this reason, the warring sides are spending billions of dollars on the attacks to benefit.<\/p>\n

Read more: 51% Attacks on the Blockchain Explained: What Are the Dangers?<\/a><\/strong><\/p>\n

Duo Nine also noted that over 100 bot wallets could target Solana wallets<\/a> with a spam attack. To do this, the attacking side bombards the victim with transactions containing minimal SOL. In this case, the analyst confidently states that the wallet<\/a> owner loses the ability to transfer assets because the attacking side fills all the block space with spam transactions.<\/p>\n

According to Duo Nine, victims of the attacks create new wallets, but the solution does not help, as the fresh address is also at risk of being targeted by a spam attack.<\/p>\n

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\u201cA specific Solana wallet can be attacked by spamming it from +100 different bot wallets. You DDOS it every second with the smallest Solana unit\u2026 Because each block will be filled with receiving transactions, that wallet cannot send out any transactions! It\u2019s effectively unusable,\u201d Duo Nine stated.<\/p>\n<\/blockquote>\n

The war leads to dissatisfaction among users of projects in the Solana ecosystem and angers developers. Duo Nine noted that it is \u201ckilling\u201d Solana, and no solution to the problem has been found.<\/p>\n

Questions about the network emerged in the spring of 2024, thanks to the hype around Solana meme coins<\/a>. The interest in these altcoins became a reason for analyzing their security<\/a>. In April 2024, Blockaid analysts found that half of the token presales on Solana were fraudulent<\/a>.<\/p>\n

Read more: Crypto Scam Projects: How To Spot Fake Tokens<\/a><\/strong><\/p>\n

Interestingly, as early as 2022, many crypto community members predicted the project\u2019s demise. One of the main investors in Solana was the FTX crypto exchange<\/a>, which collapsed in November 2022. Still, Solana survived and managed to demonstrate growth.<\/p>\n

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Disclaimer<\/p>\n

In adherence to the Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our\u00a0Terms and Conditions<\/a>,\u00a0Privacy Policy<\/a>, and\u00a0Disclaimers<\/a>\u00a0have been updated.<\/p>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

In the Solana (SOL) network, a covert war occurs between major players, each trying to \u201csink\u201d their competitors. Analyst Duo Nine spoke about the hidden battle and the schemes used by its participants. Solana\u2019s Major Players in War Duo Nine claims that among the major crypto projects on Solana, there is a hidden war that […]<\/p>\n","protected":false},"author":1,"featured_media":3301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/posts\/3300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/comments?post=3300"}],"version-history":[{"count":0,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/posts\/3300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/media\/3301"}],"wp:attachment":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/media?parent=3300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/categories?post=3300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/tags?post=3300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}