Why did Solana shut down?
Solana suffered its latest outage Wednesday, felled for over four hours by a bug in how the blockchain processes a niche type of transaction that’s designed for offline use-cases.Jun 1, 2022
Is Solana coin worth investing?
All of this to say, the Solana blockchain is highly efficient, very stable and offers low transaction fees for investors. These factors combine to make it a good investment as far as cryptocurrency goes. SOL is trading, right now, closer to its lows, making it a good deal.Jun 9, 2022
Is Solana network slow right now?
No incidents or maintenance related to this downtime. No incidents reported today.
What happened to Solana coin?
Solana, one of the largest cryptocurrencies after bitcoin and ether, fell more than 12% on Wednesday as its blockchain suffered its second outage in the last month. Validators in the network were not processing new blocks for several hours. Applications built on Solana’s blockchain were taken offline as a result.Jun 1, 2022
Who started Solana crypto?
Is Solana better than Eth?
Ethereum wins the game because they have been in the market since 2014, when Solana just entered the market in 2020, and they also prefer maintaining more transparency than Solana.Apr 21, 2022
Is Solana the fastest crypto?
For the longest time, Solana has been the fastest chain after reaching the 65k TPS. In fact, it is this fast speed that made Solana one of the largest cryptocurrencies due to its fast adoption. But this speed has been surpassed by Bitgert, which boasts a 100k TPS, making Bitgert the fastest chain in blockchain history.Mar 24, 2022
Is Solana a good investment?
Is Solana Worth It? Like any smaller altcoin, investing in Solana comes with plenty of risk. Experts point to its potential and relatively stable (albeit short) history among top cryptos by market cap as factors investors might consider before buying Solana.May 26, 2022