Solana Says Bots Generated Transactions That Flooded the Network on Sept. 14 By CoinQuora

0
37
Solana Says Bots Generated Transactions That Flooded the Network on Sept. 14
  • Solana attributed the 17-hour blackout to bots.
  • They said bots spammed the network as Grape launched its IDO on DEX Raydium.

Solana attributed the 17-hour blackout to a denial-of-service attack targeting decentralized exchange (DEX) on Sep. 14.

According to the Solana Foundation, bots affected the Grape Protocol IDO on Raydium with around 400,000 transactions per second (TPS), causing the latest blackouts.

Solana explained the cause of the latest blackout in a blog post on Sept. 21. The team addressed its community. They noted that bots spammed the network as Grape launched its IDO on DEX Raydium last Tuesday at 12:00 UTC.

This resulted in Solana’s network’s validators crashing after running out of storage. Thus, the network went down for less than 24-hour. However, Solana engineers and more than 1,000 validat…

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.