Ongoing Attacks Threaten Solana Network Stability
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There is an ongoing hidden war between major players on the Solana network, using DDoS attacks to sabotage competitors. This can prevent users from conducting transactions.
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The attacks aim to fill up block space so the victim's transactions can't go through, damaging their reputation and causing users to leave.
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Over 100 bot wallets can spam attack a Solana wallet, rendering it unusable as all block space is taken up.
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The attacks are "killing Solana" according to one analyst, with no good solution in sight.
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Solana's ties to now-collapsed FTX exchange led many to predict its demise back in 2022, but it has survived despite ongoing issues.