San Francisco, Thursday, April 18, 2024 – Solana Blockchain interrupted its crypto projects due to the periodic congestion on the platform, source reported recently. 1
It is noted that new projects like the Non-Fungible Token (NFT) projects of Suit Up, DuckCoin, and Surge Finance, the staking reward platform of Solana, would be postponed until the issues were resolved, according to a source. 2
The investigation conducted by Anza engineers, the firm related to Solana-focused software development, identified the issue of QUIC implementation as the cause of the congestion on Solana, according to the resource.
Nevertheless, it is noted that the issue will not affect services like trading, fiat withdrawals, and deposits. 1
“The failed transactions on the Solana blockchain have nothing to do with scalability,” Solana co-founder Raj Gokal stated earlier. 1
The creator of the scalable blockchain Fantom network, Andre Cronje, has mentioned that Solana’s congestion is due to the expansion of the client base, remarking on the demand within the platform, the resource reported. ((cointelegraph.com: https://cointelegraph.com/news/solana-projects-delay-launch-network-congestion))
- cointelegraph.com: https://cointelegraph.com/news/solana-projects-delay-launch-network-congestion[↩][↩][↩]
- cointelegraph.com: https://cointelegraph.com/news/solana-projects-delay-launch-network-congestion [↩]
