coinlocally exchange crypto

Solana faces slowdown in block production, network restarted

Solana faces slowdown in block production, network restarted
May Promo
Claim your $20 by depositing over $500 & boosting the volume of your trades to over $100,000.

Sign up now

Block production on the open-source layer-1 blockchain Solana slowed down on February 25 as a result of a validator software update. Around 6:00 AM (UTC), a technical problem forced validators to downgrade to version 1.13 in an attempt to restore transactions. A root cause analysis is still being carried out by engineers. The Solana network is currently restarting, and to resume operations is necessary 80% of active stake online. Following the incident, Solana’s validators talked about a fix for it for a few hours, illustrating how decentralized the network is.

News Sorce

Solana faces slowdown in block production, network restarted
Sweet SPOT

Coinlocally slashed the
transaction fees of
SPOT from 0.2% to 0.02%

Sign up now

Sign up for free newsletters
and get more News delivered to your inbox

Coinlocally exchange
Name Price24H (%)
Bitcoin(BTC)
$58,571.94
-1.88%
Ethereum(ETH)
$2,616.76
-0.15%
Tether USDt(USDT)
$1.00
0.00%
BNB(BNB)
$531.73
-1.61%
Solana(SOL)
$142.90
-0.13%
XRP(XRP)
$0.56
-0.69%
Dogecoin(DOGE)
$0.099938
-3.11%
Cardano(ADA)
$0.334417
-0.84%
TRON(TRX)
$0.135401
0.59%
Shiba Inu(SHIB)
$0.000013
-1.35%
Polkadot(DOT)
$4.37
-0.38%
Litecoin(LTC)
$66.39
-1.71%
Polygon(MATIC)
$0.411527
0.07%
Monero(XMR)
$150.98
0.29%
OKB(OKB)
$36.97
-0.73%
ApeCoin(APE)
$0.58
-0.40%
Facebook
Twitter
LinkedIn
Reddit
Telegram
coinlocally partnership exchange

Coinlocally's choice Last Week's Hot News