Solana’s co-founder addresses the blockchain’s reliability at Breakpoint
In 2022, the blockchain suffered from ten partial or full outages along with slow block times. Solana’s co-founder said it’s “not the experience that we want to deliver.”
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Network outages have been Solana’s ‘curse,’ says co-founder
The high-speed smart contract platform has suffered full or partial outages at least seven separate times over the last twelve months.
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The…
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners…
Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana…
Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the…
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It…
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko…