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Can Solana get back up to speed after its network outage?

invezz.com

Solana SOL/USD is a public, open-source blockchain network that supports smart contracts, as well as non-fungible tokens (NFTs). The SOL token is the native cryptocurrency token used throughout the Solana ecosystem. The token can pass to nodes within the Solana cluster in exchange for the procedure of running on-chain programs or validating their output. Solana's The post Can Solana get back up to speed after its network outage? appeared first on Invezz.

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Timeline of Solana


Another Solana Outage Highlights Network Inefficiencies - Altcoin Buzz

The Solana network has suffered its seventh outage this year as bots took down the network over the weekend. The often dubbed “Ethereum killer” has itself been killed several times this year.


After Recent Outage, Solana Developers Share Key Steps to Make Network Resilient - Coingape

Over the last weekend, the Solana blockchain network suffered a major outage for 7 hours knocking off validators out of the PoS consensus and halting the block production. This happened as the bots managed to exploit the Solana-based NFT project Candy Machine.


What now for Solana following ‘Candy Machine' spam attack? - CryptoSlate

The Solana blockchain went offline for seven hours on Saturday evening following a bot attack that flooded the network. The post What now for Solana following ‘Candy Machine' spam attack?


Solana: Despite poor performance on the charts, SOL continues to expand its reach - AMBCrypto

The persisting problem of the network outages on Solana has left investors annoyed and frustrated. Still, the larger impact this problem can have is completely overlooked at the moment.


Solana's Okay Bears NFTs Climbing into Top 10 on OpenSea - Blockonomi

Okay Bears NFTs are the first Solana-powered NFT collection to achieve 24-hour sales records on the world's largest NFT marketplace, OpenSea. This is not only a significant milestone for the collection, but also a celebration of the entire Solana blockchain.


Solana PoS Blockchain Network Faces Outage For The Seventh Time - Bitcoinist

January has been a tough month for Solana as the coin encountered a total of six outages. This time Solana again faced a downtime as there has been an increased number of transactions flooded by the Candy Machin NFT bots causing network congestion.


Another Solana Outage Shows That Price Impact Is Minor - Cryptonews

After at least 9 days with reported outages so far in 2022, the price of solana (SOL), the 7th largest cryptoasset by market capitalization, does not appear overly affected by the network troubles, with prices for the most part staying rangebound between USD 80 and USD 120 since late January.


Solana bounces back online after seven-hour outage as NFT demand grows - Cryptopolitan

The Solana blockchain is back online following a 7-hour interruption due to many bots attempting to generate NFTs on the cryptocurrency network. Late Saturday, an NFT casting application for Solana known as Candy Machine suffered under a deluge of load from bots attempting to force actions, making Solana's mainnet go down.


Solana Ventures Invests In YGG SEA In $0.5 Million Expansion Strategy - InvestingCube

Yield Guild Games (YGG) SEA has teamed with Solana Ventures, the investment arm of Solana Labs, to help grow the platform's subDAO operations in Southeast Asia. Solana and YGG SEA will work together to establish training programs for building projects on the Solana blockchain, according to the agreement.


Solana Faces Seven-Hour Outage After Bots Overhwhelm NFT Minting App - Coinbureau

Solana is recovering from another outage which is being attributed to a swarm of bots that overwhelmed the Candy Machine, a tool for minting non-fungible tokens (NFTs). “Block production on Solana Mainnet Beta has halted. Validator operators should prepare for a restart in mb-validators on Discord,” Solana Status said on Twitter. Solana Status noticed an The post Solana Faces Seven-Hour Outage After Bots Overhwhelm NFT Minting App appeared first on Coin Bureau.

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