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Topic: What is the next step for Solana? - page 2. (Read 248 times)

full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
February 06, 2024, 04:36:31 PM
#9
In every project, there are indeed its own problems, and Solana is no exception. Scalability issues and temporal delays can seriously affect user experience and lead to a deterioration of the project's reputation. I think they will soon solve the problem, or they already have. This year, Sol has shown good growth dynamics, and I am sure it will not stop there. Blockchain issues are just temporary difficulties.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
February 06, 2024, 12:24:19 PM
#8
if ETH suffers high fees, i think SOL will also haave the same problem once the price goes higher.
Problems with the network are not too surprising even for BNb and ETh. But the problem of long-term congestion like SoL seems to be a more difficult problem to solve. In September 2021, it took them 16 hours to fix and the most recent time was February 2023, and then the SOL platform showed flexibility, flexibility, and smoothness, but today it is repeated. I think the validator node seems like a big problem and it's unlikely that increasing gas costs will fix this problem. Sol is still a great investment opportunity when the bullrun outlook is $300-500, but sustainability of value will be its foundation.
legendary
Activity: 3178
Merit: 1054
February 06, 2024, 12:12:43 PM
#7

outage has been SOL's issue since.  but it didn't stop the investors from buying SOL. while the network has been halted the price wasn't affected very much too. this kind of news is normally used to spread fud, no one does that in the forum anymore. the next step is to restart, its what they said.

if ETH suffers high fees, i think SOL will also haave the same problem once the price goes higher.

sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
February 06, 2024, 10:40:14 AM
#6
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.
jr. member
Activity: 1708
Merit: 3
February 06, 2024, 10:32:41 AM
#5
It might be an issue but not that much and i don't think it is going to affect solana in any way . Solana has many big plans that it aims to achieve many people are waiting to see what they will come up with soon . I also have high hopes for solana despite the small issues project is currently facing.
member
Activity: 108
Merit: 11
February 06, 2024, 10:17:31 AM
#4

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.


difficult to ascertain in this crypto world but interesting to discuss
SOL is one of the crypto coins or cryptocurrencies that plays an important role in the solana ecosystem.
but with the confusion of problems about sol, in my opinion there is no decrease in the number of people's interest in this solana.
there are still many people idolizing this solana, so that's the point in the real crypto world, it's hard to leave even if for example the coin is in trouble because there may be + and -.
sr. member
Activity: 770
Merit: 266
Payment Gateway Allows Recurring Payments
February 06, 2024, 09:39:57 AM
#3
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/

News about Solana with the same problem has also occurred several times before in the past years. But strangely this doesn't seem to really make the community abandon them. instead their community continues to grow positively. And now I even think that the blackout problem has become a habitual problem with Sol.  Roll Eyes
hero member
Activity: 798
Merit: 635
Leading Crypto Sports Betting & Casino Platform
February 06, 2024, 09:33:18 AM
#2
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.
You have good considerations here, we should always know the pros and cons of the coins/tokens we use, and especially the blockchains they are linked with. Solana, as it is, has done better recently, no wonder that its price moved significantly higher in the recent bull run witnessed across the crypto boards. The trust of people in it has increased, and the fact that it has a better advantage (especially in the areas of fee) than the first two cryptocurrencies (Bitcoin and Ethereum) makes it worthwhile to celebrate it and focus our beam better on it.

It's no news that Solana has a very low fee, and even in addition to that, it has a faster transaction fee. And with the way it's being appreciated across the crypto space, it can solve all the problems that both Bitcoin and Ethereum cannot solve. The scalability is now higher and unique at the same time. But for the cons, I do not see a strong one that is peculiar to it and I do not think it will be a regret to have your SOL stored for a good period of time in order to maximize the potential of earning through it possible. It is also a very good choice for transactions to reduce fees and increase the pace of completion.
jr. member
Activity: 280
Merit: 8
BTC Lover|Crypto Educator| We Grow by Learning!
February 06, 2024, 08:14:12 AM
#1
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/
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