On Tuesday, the Solana blockchain skilled a significant outage that stopped the community’s mainnet operations for roughly 5 hours. The outage raised considerations in regards to the blockchain’s stability and safety because the incident grew to become the 11th of the type within the final 2 years.
Kicking Solana When It’s Down?
On February 6, the Solana blockchain community suffered a big outage that lasted 4 and 46 minutes and disrupted the community’s operations, elevating doubts in regards to the blockchain and exposing the undertaking to fierce criticism.
The crypto group took no time to share their ideas in regards to the state of affairs, with many crypto buyers referring to memes and jokes to specific their considerations in regards to the historical past of Solana’s outages.
Among the many on-line voices, Cardano’s Founder, Charles Hoskinson, took the chance to poke enjoyable on the state of affairs by referencing his earlier jokes in regards to the community. Hoskinson replied to the Solana group’s announcement merely stating, “This all the time works,” and attaching a gif of a person blowing a malfunctioning online game’s cartridge earlier than inserting it again into the console.
This all the time works https://t.co/5kVRVGFM4l pic.twitter.com/X9yJXcETQn
— Charles Hoskinson (@IOHK_Charles) February 6, 2024
Members of the crypto group discovered the comment amusing. One consumer introduced ahead earlier sarcastic feedback that the Cardano founder made throughout an Ask Me Something (AMA) session two years in the past.
Hoskinson trolled the AMA viewers by claiming collaboration between the 2 networks was doable. He began saying, “You understand, collaboration with Solana would make plenty of sense…” earlier than recalling a narrative of his brother proudly owning a profitable Nintendo restore store and evaluating the blockchain to a damaged gaming console.
So I used to be pondering since you recognize Solana comes from that world, that perhaps there’s some legacy there, you recognize, we are able to work out tips on how to flip it on and off, taking it out on the cartridge, most of these issues. I don’t know, it is likely to be doable.
Hoskinson completed the assertion by mockingly suggesting that the collaboration wouldn’t occur, he stated “However my brother doesn’t do Nintendo stuff anymore. He’s a health care provider.”
“Collaboration with Solana would truly make plenty of sense.” @IOHK_Charles
Maybe #Solana can develop into a companion chain? #Cardano pic.twitter.com/8Vp0NMNl7a
— St₳kΣ with Pleasure 🌈 (@StakeWithPride) February 6, 2024
Apart from Cardano’s founder, Wall Road veteran and journalist Max Keiser additionally criticized the Solana group’s announcement in reply. Keiser known as SOL, Solana’s native token, “centralized rubbish” and took the chance to additionally shoot at cash like ETH, ADA, and BNB.
Solana Swiftly Recovers
Lately, Solana’s DeFi ecosystem made the headlines after the Solana-based decentralized exchanges (DEXs) day by day buying and selling quantity surpassed Ethereum’s for the second time, in accordance with information from DefiLlama, hinting at wholesome development and growth within the Solana ecosystem.
Regardless of the doubts and considerations of crypto buyers in the course of the outage, SOL’s value recovered from the preliminary drop and has recovered 1.8% within the final 24 hours, in accordance with information from CoinGecko. On the time of writing, SOL is buying and selling at $97.
SOL is buying and selling at $97.2 within the 1-day chart. Supply: SOLUSDT on TradingView.com
Featured picture from Unsplash.com, Chart from TradingView.com
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