Quote from: Abiky on February 07, 2024, 09:57:12 PM

Quote from: mich on February 07, 2024, 06:30:44 AM

The Solana network was affected yesterday and stopped processing transactions cause of a outage. The outage lasted for 5 hours.

It was the biggest crash on the network since 2 day outage in April. The outages on Solana network is because of node issues they say.

https://www.theblock.co/post/276237/solana-network-restarts-after-outage-that-lasted-five-hours

Yet, Solana is still one of the top 5 coins in market cap. With so many outages, the project should've been dead by now. I can't understand why people are still buying this coin when it's unreliable for day-to-day payments. Neither Bitcoin nor Ethereum have faced an interruption since the day they were launched. Solana's current situation shows us it's experimental and not ready for mainstream use. Developers should've kept Solana in "beta stage" until it passed all of the tests.

If SOL hasn't gone to $0 by now, it's because whales are manipulating the market. For some reason, VCs want to keep this "shitcoin" alive. I'd prefer a reliable and decentralized network like Ethereum, even if I have to pay higher fees and wait longer for confirmations. Unless Solana prioritizes decentralization and reliability, don't expect it to last a lifetime. Who knows what surprises we'll find in the future?

I don't agree with you about the comparison between Solana and ETH. Solana will be more popular with many people in the future than ethereum, even though the prices of the two are very different, but when many people complain about the expensive fees paid for ethereum, it doesn't hurt to hold or invest in solana. everything is fast and cheap, let's see the light that shines from Solana in 2024