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RE: Daily Crypto Markets Live Blog: Wealth Building Through Cryptocurrency (09/16/21)

in LeoFinance3 years ago

Now let's get to the news from solana. What do you say about this news?
Solana blockchain validators restart network after transaction stoppage
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If you can restart a blockchain it's not a blockchain.

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Could something similar happen to a blockchain? If so, how can a blockchain get back to business?

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As we looked at on the blog last month, Solana was never decentralised.

Just crazy to see what good marketing can do for an project.

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I'm hearing more and more poor opinions on Solana so I guess things are not looking good for that project. I hope they can turn things around

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SOLANA price plunged for the same reason.

Check this out to understand why it happened:

Solana Mainnet Beta encountered a large increase in transaction load which peaked at 400,000 TPS. This halted the blockchain. Good that they are back up now.

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Scalability is a problem that many blockchains have, HIVE to a lesser degree. That is because the core developers of HIVE are proactive instead of reactive!

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Prevention is better than cure, they said.
Hive developers took it to their heart 💛🚀

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Well it doesn't bode well for the people in the network. This seems like its a huge failure and I hope they make sure it doesn't happen again.

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