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Solana has launched a efficiency report highlighting the community uptime and different metrics that show the power of the community.
The Layer 1 protocol Solana has typically confronted heavy criticism for frequent outages. Lastly, the community has launched a efficiency report highlighting the achievements in 2023.
Solana Efficiency Report Highlights Nearly 100% Uptime
In 2022, the Solana community suffered from outages round eight occasions. Nevertheless, the primary half of 2023 has been comparatively smoother.
Be taught extra about Solana right here.
In a efficiency report, the Solana Basis highlighted that the community confronted just one outage within the first half of 2023 and nil outages within the second quarter. The one outage was on round February 25, when Solana had a technical difficulty. Resulting from that, customers couldn’t course of the transactions for round 24 hours.
The screenshot under from the Solana efficiency report exhibits that the Solana community maintained 100% uptime in all of the months of 2023 to this point, apart from February.
The Solana efficiency report additionally discusses metrics akin to Common Time to Produce a Block. The screenshot under exhibits that the typical time to supply a block has decreased. The one exception is throughout February when the community was quickly down.
It roughly signifies that the transaction velocity is rising as a result of new blocks are being created in lesser time.
Regulatory Challenges
If these metrics are thought-about, Solana has certainly strengthened the blockchain. However however, the ecosystem is surrounded by regulatory challenges.
Notably, the US Securities and Change Fee (SEC) named Solana’s native token, SOL, as a safety. This crackdown led to platforms like Revolut and Robinhood delisting SOL.
Prior to now 24 hours, the worth of SOL is down by round 6.72%. However previously 30 days, the token has rallied by greater than 50%.
Obtained one thing to say concerning the Solana efficiency report or the rest? Write to us or be a part of the dialogue on our Telegram channel. You may as well catch us on TikTok, Fb, or Twitter.
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Disclaimer
In adherence to the Belief Mission pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed info. Nevertheless, readers are suggested to confirm info independently and seek the advice of with an expert earlier than making any choices based mostly on this content material.
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