Developers have fixed the runtime bug that caused the latest outage of the Solana network on June 1. According to a report published by Solana Labs on June 5, Solana’s fifth outage of 2022 was caused ...
Tag: Outages
Solana: From network outages to bear run, why is SOL having such a bad time
Touted as an “Ethereum killer” due to the transaction speed and the scalability it offers, the Solana Network has not lived up to its name. The series of outages that the blockchain has suffered in le...
Host of Coin Bureau Says He’s Confident in Ethereum Rival Solana (SOL) Despite Recent Outages – Here’s Why
The host of YouTube crypto channel Coin Bureau remains confident in Solana (SOL) regardless of uncertainties spurred by the smart contract platform’s recent outages. In a discussion on crypto channel ...
Bitcoin Dips Below $30K, Solana Slumps 12% Amid New Power Outages (Market Watch)
Bitcoin’s adventure above $32,000 was short-lived as the asset fell by a few thousand dollars and dipped below $30,000. The altcoins are also covered in red today, with ETH sliding to $1,800 and SOL d...
Solana falls 77% in 2022 as blockchain outages deter investors
Solana (SOL), the smart contract functionality blockchain also dubbed as ‘Ethereum killer’, has extended losses in 2022, with the network experiencing recurrent outages in recent months. Solana began...
California Can Reliably Hit 85% Clean Energy By 2030 Without Risking Outages – En Route To A 100% Clean Grid
Power crises during California’s August 2020 heat waves raised questions about how reliable the state’s grid will be on the road to its target of 100% clean energy by 2045. But new research provides c...
Can Solana become the dominant PoS chain despite persistent outages?
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature, it has also encou...
After A Series Of Outages, Solana Developers Unveil A Massive Plan To Improve The Network’s Resilience
The blog went on to say that the main cause of the excessive memory use was insufficient votes landing to finalize older blocks, prohibiting abandoned fork cleanup. The downtime led SOL’s stock to dro...
How Scalable Quantum-Safe Blockchains Help Against Network Outages
The blockchain industry is at the forefront of innovation, with new ways to harness this secure distributed ledger technology in various areas of traditional business. A key feature of conventional bl...
Solana Devs Reveal Huge Plan To Boost The Network’s Resiliency After Incessant Outages ⋆ ZyCrypto
Advertisement     Solana developers have put together an elaborate plan aimed at improving the stability of the network after the Solana mainnet beta cluster suffered ...
3 Ways to Mitigate Future Network Outages, Solana’s Team Reports
NFT buying frenzy has disrupted not only Ethereum. Solana witnessed the clogging of millions of NFT transactions on its network due to bot activity targeted at such mints. Block production resumed on ...
Polygon Suffers Extended Outages Following Heimdall Update
The Polygon (MATIC) proof-of-stake chain has been down for more than 12 hours following the network’s recent Heimdall update. Polygon, an Ethereum Layer 2 scaling solution, implemented the new upgrade...
Solana Home To Huge Network Activity As FTX’s Sam Bankman-Fried Expresses Faith In The Blockchain Despite Outages ⋆ ZyCrypto
Advertisement     FTX founder expresses faith in Solana amidst outages. He believes that more work has to be done before the network achieves its true potential. Many ...
Divided opinions over Solana’s viability as an ‘Ethereum killer’ amid repeated outages
Touted as the poster child of Ethereum killers during most of 2021, blockchain network Solana‘s reign has been increasingly infested with network outages and performance issues recently. It suffered o...
Solana Is Better Than Other Blockchains Despite Multiple Outages
Despite the multiple outages that the Solana network suffered in recent months, FTX CEO Sam Bankman-Fried (SBF) believes the high-performance blockchain is still better than other networks in the indu...
Solana’s Incessant Network Outages Could Prove Disastrous For SOL’s Mainstream Adoption ⋆ ZyCrypto
Advertisement     Once again, on Saturday, the Solana Status page confirmed rumors that there was a high number of transaction failures for the past 2 to 3 days after ...
Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading
Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an iro...
Internet Outages Spooking Crypto Miners in Kazakhstan
Last week’s internet outage in Kazakhstan compounded growing concerns over tighter government regulations, according to local cryptocurrency miners. In light of these potentially diminished prospects,...
Omicron’s Spread Means More Food Outages at U.S. Grocery Stores
(Bloomberg) — The highly contagious omicron virus variant is disrupting already stressed food supply chains, sickening so many workers that more shortages at grocery stores are all but certain. ...
Crypto Mining Held Responsible For Power Outages In Irkutsk, Russia
Irkutsk is the largest city of Irkutsk Oblast in Russia, which has been facing constant outages since December 2021 and has held crypto mining responsible. The IESC, through its calculations, has show...
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners – Mining Bitcoin News
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains th...
Coming Summer Outages Were Avoidable
Utilities are warning of potentially serious power outages this summer in many parts of the country. This crisis isn’t the result of an unforeseeable surge in electricity use; it’s because of misbegot...