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Uh Oh! Solana Went Offline (Again)…But The Price Somehow Went Up?

February 7, 2024
in Web3
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TL;DR

Yesterday morning, the Solana community went down for a strong 5hrs, however SOL’s value truly went UP after the outage ¯_(ツ)_/¯

Full Story

“Hello um, yeah, lemme get an ‘Uh-oh’ with a facet of ‘Yikes’ – and is your ‘OOFT’ made in-house?”

So, yesterday morning the Solana community went offline for a strong 5hrs.

In that point, the Solana core engineers recognized the issue, rewrote some code, and despatched an replace out to the oldsters accountable for validating SOL transactions.

On one hand: that’s a formidable effort from the engineers.

On the opposite: this shouldn’t nonetheless be taking place — if ever.

(Particularly on a community that hopes to ultimately decentralize the US inventory market).

Add this to final April’s outage (when Solana went down for nearly two entire days) and also you may begin to get apprehensive…

However right here’s the loopy half:

Judging from the worth motion, Solana holders don’t appear to care.

The truth is, on a 24hr time-frame, SOL’s value truly went UP after the outage (?)

¯_(ツ)_/¯



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Tags: AgainButOfflinePriceSolana
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