The internet infrastructure supporting the Mad Lads NFT collection crashed due to unanticipated demand. Due to the collection’s popularity, the NFT market is struggling.
The Internet infrastructure supporting the project crashed due to recent issues in the NFT market as a result of the debut of the new Mad Lads NFT collection, which experienced strong and unexpected demand.
Mad Lads NFT and a lot of traffic
Armani Ferrante and Tristan Yver are popular figures in the Solana ecosystem. They have launched a project called Mad Lads NFT. This project is aimed at introducing a new twist to digital collectibles.
Mad Lads will now air on Friday as planned, following an unexpected spike in interest in the NFT collection that caused the Internet infrastructure supporting it to be disrupted. In light of this, the Mad Lads collection will start the public mint on Friday at 7 PM (ET) / 11 PM (UTC).
The debut was delayed by almost 24 hours in order to give the authors time to address an issue they hadn’t anticipated: excessive Internet traffic.
Sources report that the platform’s capacity was overwhelmed by billions of queries. These queries were routed through the Backpack cryptocurrency wallet created by Ferrante and Yver. As a result, a DDoS attack was initiated.
In this context, Ferrante provided the following explanation on a Twitter space with roughly 9,500 viewers as to why the idea was turned down:
“This is an order of magnitude crazier than anything we’ve tackled up to this point.”
It is important to note, though, that Coral’s portfolio app, Backpack, has likely already seen a surge in registrations due to the high desire for the collection of new JPEGs.
That is, the only Solana wallet that supports the Mad Lads collection and in which potential owners can mint it.
The Solana development community was thrilled with the situation. On the other hand, NFT traders were searching for ways to gain access to the collection. The situation resulted from a frenzy caused by the demand for NFTs.
Mad Lads is the first xNFT, according to recent market news
But why is there so much interest in the collection of Ferrante and Yver? According to what is currently known, the Mad Lads NFTs’ great excitement is largely a result of their distinctiveness because they are dubbed xNFTs and are more than just JPEGs on a blockchain.
Blue Coral Inc. is the company owned by the duo. The company develops Solana and offers tokenized code that confers proprietary rights to its execution. This information is available on the company’s website
Ferrante used Twitter to describe a sequence of Internet issues that blocked the project for an hour and then a day.
Ferrante further claimed that the high demand shut down two RPC nodes, or access points to Solana’s blockchain, and Cloudflare’s user interface, which fights DDoS attacks.
Some Substack users followed a post that incorrectly advised wannabe miners to buy Solana Helius RPC nodes.
Helius’ $19.99 “hacker plan” enrollments increased significantly on Thursday. The company’s CEO, Mert Mumtaz, had to address the issue, he posted a message in Helius’ Discord server.
“While I appreciate you thinking about us, it’s important to understand that this RPC won’t actually increase your chances of minting a Madlad that much, if at all.”
A DDoS attack is what?
“DDoS attack” stands for “Distributed Denial of Service.” It is an attempt to block normal traffic to a server, service, or network. This is achieved by overwhelming the surrounding infrastructure with internet traffic.
Furthermore, when numerous compromised computer systems are used as attack sources, DDoS attacks are most effective. Computers and other network resources, such as IoT devices, can be used as slave machines.
DDoS attacks, which are frequently equated to traffic jams on the highway, are a key issue in modern Internet security. The unexpected slowing of a website is, of course, the most obvious indication of a DDoS assault.
Thus, Mad Lads NFT experienced what was described. DDoS assaults also use Internet-connected computer networks. Computers and other devices with malware allow malevolent users to remotely control these networks.
Botnets are groups of bots. Thus, each bot in the botnet sends queries to the victim’s IP address, overwhelming it and disrupting regular traffic.