Thursday, September 21, 2023
TopCrytpoNews.com
Shop
No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Altcoins
  • Dogecoin
  • Ethereum
  • Litecoin
  • Solana
TopCrytpoNews.com
No Result
View All Result
Home Solana

Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network – Bitcoin News

Mikhailev by Mikhailev
August 18, 2022
in Solana
0
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network – Bitcoin News
Share on FacebookShare on Twitter

Related articles

How to Store Your Crypto – 6 Alternatives to Cryptocurrency Exchanges By DailyCoin

Another Solana DeFi Lender Sends Users Packing with Their Funds By CoinEdition

February 2, 2023
Solana Price Prediction as SOL More Than Doubles from Recent Bottom – Can SOL Reach $1,000 in 2023?

Solana Price Prediction as SOL More Than Doubles from Recent Bottom – Can SOL Reach $1,000 in 2023?

February 2, 2023


solana

Solana, a prime ten sensible contracts-enabled cryptocurrency by market cap, has acknowledged it’s dealing with a sequence of issues hindering the efficiency of its community. The official account of the standing of the community, in addition to the standing web page, reported this incident yesterday. That is the most recent subject Solana is dealing with after experiencing a number of community disruptions in the course of the previous months.

Solana Going through Throughput Points

Solana, a wise contracts-enabled cryptocurrency, has formally acknowledged its community is struggling efficiency points affecting the throughput of the system and inflicting it to drop sure transactions. The report was issued by the Solana Standing Twitter account of the mission, which knowledgeable customers of the state of affairs yesterday.

The account defined:

[The network is experiencing] degraded efficiency because of a rise in excessive compute transactions, which is lowering community capability to a number of thousand transactions per second. That is resulting in elevated loading and transaction processing occasions, and a few failed transactions.

This report was posted on January 6, 16:11 UTC and on the time of writing, the problem has not but been solved. It was additionally reported that the builders had been working to deal with these points and resolve the issue.


Woes Aplenty

This isn’t the primary time that the community has confronted this type of subject. The primary incident of this type — that affected the block manufacturing of the Solana validators — happened on September 14, when the Solana blockchain slowed nearly to a crawl because of a useful resource exhaustion drawback, in line with the Solana Standing account

The blockchain then confronted one other problem on December 4, when the entire community was stopped, and engineers needed to restart it for it to work appropriately once more. At the moment, the community was halted for roughly 5 hours, with no transactions or blocks being issued throughout this era.

The mission has confronted other forms of points with congestion as a result of launch of particular tasks which have additionally crowded the community, as occurred on December 13 when the launch of a mission referred to as Solchicks affected the steadiness of the blockchain.

Then once more on January 4th, there have been reports about Solana dealing with a DDoS assault by way of spam transactions. Nevertheless, these studies had been debunked by Anatoly Yakovenko, co-founder of Solana, who stated that “there was some congestion because of mismetered transitions, and a few customers skilled their txs timing out and needed to retry.”

Nevertheless, even with all these issues, the full variety of Solana transactions outpaced that of its rivals for December, registering 45 billion transactions.

What do you consider Solana and the efficiency issues it’s been dealing with? Inform us within the feedback part under.

Sergio Goschenko

Sergio is a cryptocurrency journalist based mostly in Venezuela. He describes himself as late to the sport, coming into the cryptosphere when the value rise occurred throughout December 2017. Having a pc engineering background, residing in Venezuela, and being impacted by the cryptocurrency growth at a social degree, he provides a distinct standpoint about crypto success and the way it helps the unbanked and underserved.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct supply or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, straight or not directly, for any harm or loss brought on or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about on this article.

Extra Well-liked Information

In Case You Missed It





Source link

Share76Tweet47

Related Posts

How to Store Your Crypto – 6 Alternatives to Cryptocurrency Exchanges By DailyCoin

Another Solana DeFi Lender Sends Users Packing with Their Funds By CoinEdition

by Mikhailev
February 2, 2023
0

One other Solana DeFi Lender Sends Customers Packing with Their Funds EverlendFinance has requested customers to take their funds elsewhere...

Solana Price Prediction as SOL More Than Doubles from Recent Bottom – Can SOL Reach $1,000 in 2023?

Solana Price Prediction as SOL More Than Doubles from Recent Bottom – Can SOL Reach $1,000 in 2023?

by Mikhailev
February 2, 2023
0

Solana, the world’s twelfth largest cryptocurrency boasting $9.2 billion in market capitalization, has continued to show heads with its exemplary...

Bitcoin holds steady near $23,700, while Solana and Binance Coin see increases of up to 6%.

Bitcoin holds steady near $23,700, while Solana and Binance Coin see increases of up to 6%.

by Mikhailev
February 2, 2023
0

Picture Supply : UNSPLASH Bitcoin holds regular close to $23,700, whereas Solana and Binance Coin see will increase of as...

What FTX Contagion? Up 143%, Solana Seems Unstoppable

What FTX Contagion? Up 143%, Solana Seems Unstoppable

by Mikhailev
February 2, 2023
0

One shocking success story up to now in 2023 has been Solana (SOL 5.97%), which was the one crypto that...

Solana Founders Give Exclusive Insights for 2023

Solana Founders Give Exclusive Insights for 2023

by Mikhailev
February 2, 2023
0

The Solana ecosystem is displaying indicators of a promising future within the midst of a risky crypto market, based on...

Load More
  • Trending
  • Comments
  • Latest
Why ApeCoin is on track to be the next Dogecoin

Why ApeCoin is on track to be the next Dogecoin

May 13, 2022
Square Enix NFT And Blockchain Plans Laid Out In Annual Report

Square Enix NFT And Blockchain Plans Laid Out In Annual Report

May 13, 2022
Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

May 13, 2022
Jack Dorsey Names Reason for Next Bitcoin Price Surge

438.4 Million Dogecoin Moved to Robinhood for Fee That Easily Beats Any Bank

May 22, 2022
Japan’s Nomura dives into cryptocurrency derivatives trading (NYSE:NMR)

Japan’s Nomura dives into cryptocurrency derivatives trading (NYSE:NMR)

0
Cryptocurrency Avalanche’s Price Increased More Than 8% Within 24 hours

Cryptocurrency Avalanche’s Price Increased More Than 8% Within 24 hours

0
Bitcoin & Cryptocurrency Take Massive Nose Dive

Bitcoin & Cryptocurrency Take Massive Nose Dive

0
Todd Snider talks life on the road making music ahead of Southern California dates – Daily News

Todd Snider talks life on the road making music ahead of Southern California dates – Daily News

0
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

September 21, 2023
Bitcoin price tests $27K support as Fed holds interest rates at FOMC

Bitcoin price tests $27K support as Fed holds interest rates at FOMC

September 21, 2023
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7

Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter

September 20, 2023
Evmos, Swing, Tashi, Wormhole team up to solve Cosmos liquidity problems

Evmos, Swing, Tashi, Wormhole team up to solve Cosmos liquidity problems

September 20, 2023

Recent News

Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

September 21, 2023
Bitcoin price tests $27K support as Fed holds interest rates at FOMC

Bitcoin price tests $27K support as Fed holds interest rates at FOMC

September 21, 2023
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7

Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter

September 20, 2023

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market & Analysis
  • Solana

Follow Us

Tags

Avalanche bitcoin bitcoin price bitcoin price in india bitcoin price today Blockchain Blockchain Wire business Business news Cardano Crypto Crypto Coins CryptoCurrencies Cryptocurrency cryptocurrency news cryptocurrency price today crypto market crypto news crypto price in india crypto price today Culture DeFi Dogecoin Dogecoin price ETH Ethereum fintech FTX investing Litecoin Markets News NFT Opinion Ripple SEO Shiba shiba inu Shiba Inu Price SOL Solana solana price TECH Technical Analysis Technology
  • Contact Us

© 2022 Top Crypto News - All rights reserved.

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Altcoins
  • Dogecoin
  • Ethereum
  • Litecoin
  • Solana

© 2022 Top Crypto News - All rights reserved.