WebAug 30, 2024 · OptiFi, a derivatives decentralized exchange (DEX) powered by Solana and Serum, announced it has lost $661,000 in USD Coin (USDC) after shutting down its mainnet program by mistake. OptiFi was unable to recover the funds as all 661,000 USDC remained locked in the Program Derived Addresses (PDAs), but the exchange promised to … WebMay 2, 2024 · The Solana network suffered a seven-hour outage overnight between Saturday and Sunday due to a large number of transactions from the nonfungible token (NFT) minting bots. A record-breaking four ...
Solana Might Be Tanking Right Now, But Here
WebMay 2, 2024 · Fast forward to this Sunday, and Solana is out the 7th time, between 8:00 PM UTC and 3:00 AM UTC. “Validator operators completed a cluster restart of Mainnet Beta at 3:00 AM UTC, following a roughly 7-hour outage after the network failed to reach consensus. Network operators and dapps will continue to restore client services over the next ... WebApr 8, 2024 · Solana Deploys State Compression To Bring Down NFT Minting Costs. Solana, a high-performance blockchain ecosystem, has recently announced the introduction of state compression technology to significantly reduce the storage costs associated with non-fungible token... how do i make it to heaven
Solana goes dark for the seventh time in 12 months
WebAfter the bug, team shut the network down themselves. 100% centralised. SECURITY. Close. 15.3k. Posted by 4 months ago. 3 24 16 19 21 3 2. The Solana blockchain has come to a halt due to a bug, and last txn was an hour ago. After the bug, team shut the network down themselves. 100% centralised. solscan.io/txs. WebSep 16, 2024 · The recent network shutdown adversely affected the price of SOL, the network's native token, plunging its value to a low of $145 per coin, down almost 13% on Tuesday. But later, Solana cryptocurrency managed to recover some of its value to trade at around $160.2 at 05:45 ET on Wednesday, according to CoinMarketCap. WebJun 5, 2024 · At approximately 16:30 UTC on Wednesday, June 1, Solana’s Mainnet Beta cluster ceased producing blocks as result of stalled consensus, caused by a bug in the durable nonce transactions feature. Over the next four and a half hours, validator operators worked to identify the point of furthest progress and collectively instituted a restart of the … how do i make it christmas