Summary
TLDR: In the Solana network, major players are engaged in a covert war, using DDoS attacks and spam transactions to sabotage each other’s projects. Users may experience delays and malfunctions as a result. The attacks are costing billions and leading to dissatisfaction among users and developers in the Solana ecosystem. Concerns about the network’s security have been raised, with half of token presales on Solana found to be fraudulent in April 2024. Despite predictions of its demise in 2022, Solana has survived and shown growth.
Key Points
1. In the Solana network, major players are engaged in a covert war, using tactics such as DDoS attacks to gain priority in adding transactions to the blockchain.
2. The attacks can lead to delays in transactions, network malfunctions, and damage to the reputation of targeted projects, potentially causing users to switch to competitors’ platforms.
3. Analysts have noted that the war within the Solana ecosystem is causing dissatisfaction among users and developers, with no solution to the problem in sight.