Solana’s founder concedes that frequent network outages have been its bane over the last 12 months.
The network has suffered at least seven different outages triggered by diverse causes.
Despite the challenges, Solana’s growth has been meteoric compared to its rivals like Ethereum and Cardano.
Solana was the breakthrough blockchain network of 2021, with its native token soaring to all-time highs. Barely a year from the stellar run, Solana has been blighted by a series of outages that have threatened the survival of the entire ecosystem.
In an interview with Raoul Paul, Anatoly Yakovenko conceded that frequent network outages have hovered around Solana like a “curse”. He added that despite the unsavoury technical glitches in the system, Solana’s security has never been compromised.
Yakovenko noted that the “curse’ stems from the nature of networks’ design. Solana was designed as an alternative to Ethereum, capable of processing thousands of transactions per second, but its technical...
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