Solana Blockchain Down. Overnight, the price of solana’s sol token fell as much as 7.4% to $83.90, data on bloomberg show. The founder of solana labs, anatoly yakovenko.
These transactions allegedly flooded the transaction processing queue and caused the network to fork. It is a better alternative to ethereum, especially for its faster speed of transactions. Resulting in a series of outbursts among the blockchain network’s users.
It’s Unclear Whether The Issue Was A Simple Network.
Solana ensures composability between ecosystem projects by maintaining a single global. Ian macalinao is one half of the saber brothers. — wu blockchain (@wublockchain) january 4, 2022.
Solana Is The Fastest Blockchain In The World And The Fastest Growing Ecosystem In Crypto, With Thousands Of Projects Spanning Defi, Nfts, Web3 And More.
Blockchain platform solana was down this afternoon for over four hours due to a bug that stopped blockchain production. Details from solscan show that the last solana block was produced just before 12pm utc (8am et), as of this writing. Solana went down again at two o'clock in the morning (utc+8) on january 4th.
The Founder Of Solana Labs, Anatoly Yakovenko.
The solana blockchain network suffered a major outage in the hours leading up to press time. Another day, another 48 hour #solana. As a matter of fact, the new blockchain platform could easily perform almost 50,000 transactions per second.
It Is A Better Alternative To Ethereum, Especially For Its Faster Speed Of Transactions.
Crypto and defi enthusiast mark jeffrey tweeted his displeasure in solana’s ecosystem network outage. The official solana status page and twitter account reported the issue just before 1 p.m. While there are agreements that solana’s network has fundamental flaws, why and how to fix them.
Solana Founder’s ‘Lol’ Amid Outages Irks Users Of Crypto’s Next Big Thing.
After having been down for hours, solana made it quick and managed to successfully restore the network. The solana blockchain network suffered a major outage in the hours leading up to press time. The solana blockchain network shut down during the wee hours of thursday morning.