Kicking Solana When It’s Down?
On Tuesday, the Solana blockchain experienced a major outage that stopped the network’s mainnet operations for approximately 5 hours. The outage raised concerns about the blockchain’s stability and security as the incident became the 11th of the kind in the last 2 years.
Solana’s History of Outages
On February 6, the Solana blockchain network suffered a significant outage that lasted 4 hours and 46 minutes, disrupting its operations and exposing the project to criticism. This outage added to a series of similar incidents in the past.
Crypto Community Reacts
The crypto community wasted no time in sharing their thoughts about Solana’s latest outage. Many investors used memes and jokes to express their concerns about the network’s reliability. Cardano’s Founder, Charles Hoskinson, even took the opportunity to poke fun at the situation, referencing his previous jokes about Solana’s outages.
Hoskinson Trolls Solana
Charles Hoskinson trolled Solana during an Ask Me Anything (AMA) session two years ago by sarcastically suggesting collaboration between the two networks. He compared Solana to a broken gaming console and mockingly said that his brother, who used to repair Nintendo consoles, doesn’t do that anymore because he’s a doctor.
Solana Price Recovery
Despite concerns from crypto investors, SOL’s price has recovered from the initial drop and is currently up by 1.8% in the last 24 hours, according to data from CoinGecko. At present, SOL is trading at $97.
Hot Take: Solana Faces Stability Concerns Amidst Outage
With Solana experiencing yet another significant outage, questions about the blockchain’s stability and security are being raised. The incident marks the 11th outage in the past 2 years, fueling doubts about the reliability of the network. While some in the crypto community have used humor to express their concerns, others are genuinely worried about Solana’s ability to maintain a stable and secure platform for users. Despite the outage, SOL’s price has managed to recover, but the incident serves as a reminder of the challenges faced by blockchain networks in ensuring consistent uptime and functionality.
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