01-08-2022, 12:36 AM
Solana suffered a fourth network incident in the span of a few months. Two out of th
<!-- SC_OFF --><div class="md"><p>The Solana Network is experienced degraded performance due to "an increase in high compute transactions, which is reducing network capacity to several thousand transactions per second". This is leading to some failed transactions for users.</p> <p>Developers across the ecosystem are working to address these issues and improve network resiliency. Real-time stats are available at <a href="https://t.co/dATU5wdrp6">https://solanabeach.io</a> and <a href="https://t.co/sARPdE1Foi">https://status.solana.com</a></p> <p>This latest network issue came only a few days after a similar incident on Tuesday, where users experienced the same problems. Many speculated that the Tuesday incident was due to a distributed denial-of-service (DDoS) attack, but Solana co-founder Anatoly Yakovenko <a href="https://twitter.com/aeyakovenko/status/1478431040620220416?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1478431040620220416%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fsolana-hit-with-another-network-incident-causing-degraded-performance">responded</a> on Twitter, saying that it’s just the “pain of getting a new runtime commercialized.”</p> <p>Amid these recent events, Cyber Capital chief investment officer Justin Bons <a href="https://twitter.com/Justin_Bons/status/1478873392208093184">expressed</a> his disapproval with Solana and published a series of tweets enumerating the reasons why he doesn’t support the project. Bons claims that Solana is “consistently displaying a pattern of bad behavior” and “prioritizing attracting ignorant investors over good blockchain design.”</p> <p>" I do not support SOL, there are far too many red flags. Consistently displaying a pattern of bad behavior. Prioritizing attracting ignorant investors over good blockchain design. There are many examples of lies, fraud & bad design."</p> <p>TL;DR: Solana tagline corrected by using () -> (un)stoppable and (de)centralized...</p> <p>Source: <a href="https://cointelegraph.com/news/solana-network-faces-degraded-performance-for-the-second-time-this-week">https://cointelegraph.com/news/solana-network-faces-degraded-performance-for-the-second-time-this-week</a></p> <p>EDIT: cointelegraph is unreliable source for this subreddit! Nice! Autobot says " Be advised, the website cointelegraph.com has proven to be an unreliable source of information. "</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cascading_disruption"> /u/cascading_disruption </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ry7jrv/solana_suffered_a_fourth_network_incident_in_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ry7jrv/solana_suffered_a_fourth_network_incident_in_the/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The Solana Network is experienced degraded performance due to "an increase in high compute transactions, which is reducing network capacity to several thousand transactions per second". This is leading to some failed transactions for users.</p> <p>Developers across the ecosystem are working to address these issues and improve network resiliency. Real-time stats are available at <a href="https://t.co/dATU5wdrp6">https://solanabeach.io</a> and <a href="https://t.co/sARPdE1Foi">https://status.solana.com</a></p> <p>This latest network issue came only a few days after a similar incident on Tuesday, where users experienced the same problems. Many speculated that the Tuesday incident was due to a distributed denial-of-service (DDoS) attack, but Solana co-founder Anatoly Yakovenko <a href="https://twitter.com/aeyakovenko/status/1478431040620220416?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1478431040620220416%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fsolana-hit-with-another-network-incident-causing-degraded-performance">responded</a> on Twitter, saying that it’s just the “pain of getting a new runtime commercialized.”</p> <p>Amid these recent events, Cyber Capital chief investment officer Justin Bons <a href="https://twitter.com/Justin_Bons/status/1478873392208093184">expressed</a> his disapproval with Solana and published a series of tweets enumerating the reasons why he doesn’t support the project. Bons claims that Solana is “consistently displaying a pattern of bad behavior” and “prioritizing attracting ignorant investors over good blockchain design.”</p> <p>" I do not support SOL, there are far too many red flags. Consistently displaying a pattern of bad behavior. Prioritizing attracting ignorant investors over good blockchain design. There are many examples of lies, fraud & bad design."</p> <p>TL;DR: Solana tagline corrected by using () -> (un)stoppable and (de)centralized...</p> <p>Source: <a href="https://cointelegraph.com/news/solana-network-faces-degraded-performance-for-the-second-time-this-week">https://cointelegraph.com/news/solana-network-faces-degraded-performance-for-the-second-time-this-week</a></p> <p>EDIT: cointelegraph is unreliable source for this subreddit! Nice! Autobot says " Be advised, the website cointelegraph.com has proven to be an unreliable source of information. "</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cascading_disruption"> /u/cascading_disruption </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ry7jrv/solana_suffered_a_fourth_network_incident_in_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ry7jrv/solana_suffered_a_fourth_network_incident_in_the/">[comments]</a></span>Kind Regards R