Following the FTX Crash Wave, Solana Fell The inability to propagate blocks would lead disparate systems to halt even if they occasionally agreed on the next block. He added that the organization’s decentralized architecture contributes to downtime. Although other chains may view this problem as congestion, according to him, it is an outage. That is still a great deal more than what other chains can provide. He stated that Solana was capable of handling about 100 transactions per second when it wasn’t operating. Solana Foundation‘s Product and Technology Leader, Matt Sorg, talked to CryptoSlate’s Akiba about Solana and its future in the crypto sphere. He said that although other chains could refer to some problems as congestion, the business considers their outages. Matt Sorg, the Product and Technology leader of Solana Foundation, clarified the reasons for Solana’s problems, saying that the company doesn’t have marketing challenges. He claims that Solana is a favorite protocol among Web3 gamers because of its high performance. He said the platform is simple to use and has a clear path for doing so. He stated that the company is prepared to face scaling-related challenges in future growth. According to Sorg, Solana is distinct from existing protocols in regard to scalability, capacity for growth, and technology. #CryptoNews: #Solana hit a new all-time high of transactions per second.ĭuring a casual interview, Solana Foundation Product and Technology Leader Matt Sorg discussed Solana’s future in the crypto sphere. Arbitrum One surpasses Ethereum in terms of TPS, with a maximum of 286 but a current TPS of 1TPS every block. Relatively speaking, Ethereum only achieves about 30 TPS even after the merger, with the current highest TPS reaching 86.77. Solana (SOL) has achieved 8453 TPS in terms of transactions per second. The content on this page is for information purposes only. Please note that we are not authorised to provide any investment advice.
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