[shreder]

Solana TPS went from 5000 to 90 more or less halting all activity, developers and validators don't know why this is happening. They are hoping a server restart will fix this.

https://www.reddit.com/r/CryptoCurrency/...are_button

Infrastructure operators on the Solana network rushed to right the struggling blockchain early Saturday after a tech issue throttled users’ ability to trade crypto, transfer assets, or do anything on-chain.

The blockchain started “forking” (creating conflicting versions of its transaction history) at around 00:53 New York time, according to Solana’s Discord server. Shortly after that validators’ RAM began increasing while the chain’s transaction throughput fell off a cliff.

Those tech troubles combined to effectively freeze nearly all on-chain activity on the Solana network. By 02:00, the network was processing about 93 transactions per second (TPS), well below the rate near 5000 TPS some 15 minutes prior, according to the data site Solana Explorer.

-coindesk

https://www.coindesk.com/tech/2023/02/25...ing-event/

[SUI-3183372]

Solana validators still have spare memory to increase into? Shocking.

Sol followers were just starting to feel confident too, saying that nothing bad has happened in months!

Let's also not forget the way Sol calculates their TPS is bullshit as well. All TPS numbers mentioned on Solana include votes, pointless (in the context of calculating tps) network noise that shouldn't be counted as a real transaction.

[SIM-5049184]

yeah we're all banking on firedancer at this point

[Yin Yang]

What a crappy & unstable blockchain

[shreder]

Currently it's down for maintenance waiting for the guys to come in the office to restart the hamster wheel. They gave it a restart earlier but it did not work, now they are trying to kick the wheel again. Maybe ity worky this timey.

[Neal Caffrey]

I'm surprised anyone is still using it, I guess the SMBs need to go somewhere

[Marvelous]

Yeah definitely not a good look. Its just insane that it did a 4x from its all time lows after FTX. I think the reputation is too much to overcome for Solana.

[Frost Crypt]

this coin doesn't deserve it's position on marketcap, too many problems

[popZmoke]

Everyone knows SOL is shit. I hatw ignorant people fr, let this shitty coin die already. How the fuck do people still believe in this shit

[shreder]

Lol it's up 2% after doing a complete hamster wheel restart.

[trashy]

The biggest problem I see is the devs knowing nothing about what happened.

Never understood what SOL was trying to solve/bring to us