The Solana blockchain is back up and running following a four-hour outage due to a software error, the latest in a string of network outages in less than a year. In January, the digital asset’s network saw a wave of outages and service difficulties that lasted up to 18 hours, enraging traders who watched their portfolio values plummet while unable to sell tokens. According to a tweet from Solana earlier in the week, the network and all cash are safe. Solana’s quick ascension to the top echelon of crypto’s effective alternatives to Bitcoin and Ethereum has been slowed in recent months by outages. Mainnet Beta Validators: Please follow the restart instructions linked below, and upgrade 1.9.x to 1.9.28 – If you are on 1.10.x please upgrade to 1.10.23https://t.co/gBAOPrpnNe — Solana Status (@SolanaStatus) June 1, 2022 The head of Solana Labs Communication heaped praises on the Solana Network and tweeted, It’s been a hard few months, but there’s no community like #Solana. Consistently impressed with the dedication and quality of the global community building this network ❤️🔥 — Austin xNFT Federa (@Austin_Federa) June 3, 2022 Solana – Highly Active Open-Source Project Solana is a highly active open-source project that uses the permissionless feature of blockchain technology to create decentralized finance (DeFi) solutions. According to CoinGecko, Solana is one of the top ten cryptocurrency assets. However, it is down significantly...
SEC Hosts First-Ever Crypto Roundtable Today
