After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours – Bitcoin News

A flood of inbound transactions on Saturday caused Solana’s mainnet to lose consensus for roughly seven hours.

Solana’s network outage was confirmed on Twitter. “Block production on Solana Mainnet Beta has halted. Validator operators should prepare for a restart in mb-validators on Discord,” the Twitter account called Solana Status

. “Validator operators across the ecosystem are working to finalize restart instructions for Mainnet Beta.”made by one of the project’s co-founders, Anatoly Yakovenko, who said Bitcoin’s consensus algorithm should change to PoS. “If [Bitcoin] eventually doesn’t switch to proof-of-stake nobody is going to use it,” the Solana co-founder explained in an interview.: “Eventually if Solana doesn’t have consistent uptime, nobody is going to use it.”the public about the downtime and a network restart.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BTCTN /  🏆 531. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant – News Bitcoin NewsAnatoly Yakovenko, one of the co-founders of Solana, the proof of stake consensus-based blockchain, issued its take when it comes to bitcoin's proof of work consensus algorithm.
Read more »

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant – News Bitcoin NewsAnatoly Yakovenko, one of the co-founders of Solana, the proof of stake consensus-based blockchain, issued its take when it comes to bitcoin's proof of work consensus algorithm.
Read more »

Solana restarted after seven-hour outage caused by surge of transactionsEngineers were still investigating why the network was unable to recover from the crush of transactions that caused the outage, a Twitter post said.
Read more »

Solana Goes Down (Again)Solana continues to experience severe technical difficulties despite growing institutional adoption
Read more »

Solana Goes Dark For 7 Hours as Bots Swarm ‘Candy Machine’ NFT Minting ToolNEW: Solana validators rushed to restart the network late Saturday after block production ground to a halt. realDannyNelson reports.
Read more »