Join the larget crypto conference of 2024 in Bitcoin

Solana devs fixed the “durable nonce transaction” bug

Solana devs fixed the "durable nonce transaction” bug 3

The developers of the Solana blockchain network expect no more outages in the Solana network. 

Solana is the biggest Proof-of-stake-based blockchain network, which provides highly efficient transactions at very low cost & high TPS, thanks to the Proof-of-history protocol which provides transactions of scalability up to 100k TPS. However, Solana blockchain proved that blockchain technology-based transactions can be made highly scalable but still blockchain is under the beta version with some critical bugs. 

On 1 Jun, Solana Network faced another network outage. On 5 Jun, Solana Labs noted that Solana Network faced its 5th outage due to a bug this year, which caused the network to stop producing blocks for roughly four and half hours.

Solana Labs explained:

      -----Cryptonews AD----->>>  

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE

  <<<-----Cryptonews AD-----    

 

“The durable nonce transaction feature was disabled in releases v1.9.28/v1.10.23 to prevent the network from halting if the same situation were to arise again.”

Now the developer’s team fixed the bug through the latest upgrade. 

Price action & Panic 

The current trade price of the Sol token is $39.6 and this price is 10.48% down over the last 24 hours price. 

Solana devs fixed the "durable nonce transaction” bug 2

The all-time high price of the Solana coin is $259, so this coin is down by 84%. Due to huge numbers of network outages, the price of Solana is facing huge downfall and this is further creating fear among the investors.

In Q4 2021, Solana grabbed popularity as a most successful crypto project and emerged as an Ethereum competitor but now this situation seems very bad. On one side technical issues are degrading the interest in this crypto project, other side slow development works are raising new questions about the potential of the developer’s team of Solana. 

Read also: Binance exchange is under investigation of US regulators

Solana devs fixed the “durable nonce transaction” bug

 

https://bitcoinik.com/solana-devs-fixed-the-durable-nonce-transaction-bug/feed/

https://bitcoinik.com/solana-devs-fixed-the-durable-nonce-transaction-bug/feed/

 

 

 

 

 

 

 

 

 

Buy bitcoin and other cryptocurrencies on crypto exchanges  Binance ,  Coinbase ,  Kraken  and  Bitfinex !

 

 

 

 

 

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

Please follow and like us:

Social media & sharing icons powered by UltimatelySocial