Can Solana become the dominant PoS chain despite persistent outages?
- The Solana network has suffered from a number of setbacks, including power outages and repeated shutdowns.
- The network is designed to address the blockchain trilemma, but some users have raised concerns about its decentralization.
- The network has 71 projects, far fewer than major ecosystems such as Ethereum’s.
- Solana Labs has revealed plans for “flow control” upgrades that will potentially address these growing network outage concerns.
Share this:
Related
More Stories
Don’t worry, your crypto won’t go anywhere during the FTX collapse
The collapse of FTX has caused Brazilian retail and institutional sentiment toward crypto to decline, but this will not affect...
Project Ubin: Singapore’s Quest to Launch a Blockchain-Based National Currency
- Blockchain is a digital database that employs cryptographically linked networks of peer-to-peer nodes - It is a technology that...
Bitget Eyes Global Expansion as it Registers in Seychelles
Bitget plans to increase its workforce by 100 by the end of the year. -The exchange has updated its target...
Lido crypto shines amid market struggles
Lido Finance has been a bright spot amidst the chaos of the crypto market, earning $1 million or more in...
Nexo Sued for Blocking $126M Withdrawals in 2020-21!
The Mortons claim they were pressured into selling millions of Nexo's native token back to the firm at a discount...
Investors need to rethink how they hold assets after FTX collapse, Blockchain.com CEO says
- The FTX collapse is a tragedy and total failure of governance - This will accelerate a trend back towards...
