Post
Topic
Board Altcoin Discussion
Re: What is the next step for Solana?
by
Tipstar
on 06/02/2024, 14:40:14 UTC
You know in every project there's something that causes a setback. Just like ETH. Its setback is the high fee rate but that of Solana is always blockchain or something similar. I know most of us have come across the latest news about blockchain being down for over 2 hours or there. My question is, do you think Sol is ready for the next phase with the same issue it faces over again? How can they tackle this because more projects seem to be interested in them but with this ongoing issue of theirs, how often can they keep up?

You know, is not about loving a project but it's also about how long they withstand some circumstances that won't affect their chain.

For those who haven't come across the news, you can read it here: https://cryptobriefing.com/solana-block-production-halts-validators-confirm-major-outage/


Been using solana for some time and I do feel there are problem going on the network. Sure the traffic has increased as well the transaction fees but solana also have some fundamental flaws that makes it a risky platform if not improved timely. I still have a good investment in solana-msol but I don't hope to see a huge price increase for short term.
While I'm bullish on projects like aptos, sui and ton. zk-SNARK could be the next big thing if implemented as stated.