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Tag: Solana sees Network Instability

Solana sees Network Instability Among Crypto Volatility
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Solana sees Network Instability Among Crypto Volatility

Solana was hit by instability because of excessive duplicate transactions, based on a Jan 22, 2022, report by Bloomberg, citing a notice around the blockchain network’s website. Solana, among the largest blockchain systems, also stated that engineers have released version 1.8.14, which “will make an effort to mitigate the worst results of this problem,” and much more enhancements is going to be made within the next eight to twelve days. The network problem for Solana came among a cost fall in tokens from Bitcoin and Ether to Polkadot. Based on CoinGecko, Solana was a part of that dip, seeing it plummet greater than 30% in the last 7 days. More than a turbulent week for cryptocurrencies, the primary internet of Solana experienced high-traffic, which demonstrated the systems must be...