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Solana Comes To A Halt. Ethereum Killer Killing Itself?

Solana is experiencing intermittent instability on the mainnet beta. The team stopped the network themselves raising questions about centralization The last transaction...
Solana Comes To A Halt. Ethereum Killer Killing Itself? Solana Comes To A Halt. Ethereum Killer Killing Itself?

  • Solana is experiencing intermittent instability on the mainnet beta.
  • The team stopped the network themselves raising questions about centralization
  • The last transaction block was added more than 3 hours ago.

Sometimes things are too good to be true. Unfortunately, Solana’s parabolic rally and opportunity to create the “flippening” has been short-lived. According to ongoing reports and community complaints on Twitter (NYSE:TWTR), the Solana network has not approved or signed any transaction on the blockchain.

Solana Comes To A Halt

At the time of writing, data from Solscan shows the last transaction was approved and added to the network more than 3 hours ago, suggesting the network outage is recent.

A Twitter announcement from Solana posted at 7:38 AM CST on September 14th noted that Solana is “experiencing intermittent instability,” and the network engineers are working to solve the issues. Moreover, the team followed up with a statement announcing the issue is caused by “resource exhaustion,” which ultimately leads to a denial of service.

Adjacent services that facilitate the Solana network have also experienced network issues. For example, Arbitrium announced via Twitter that the system was experiencing delays, while Phantom, a Solana wallet, tweeted that they and “other applications are having trouble connecting.”

Information from August 31st, from NFT project SolanaMees, indicated a similar network issue. RPC (NYSE:RES) providers on Solana were facing intermittent issues as the network rejected PRC requests, which caused them to “go out of sync with the network.”

On The Flipside

  • Solana has been experiencing RPC requests rejections long before Solana turned off its network.

Anatoly Yakovenko, Solana’s CEO, tweeted to invite Solana validators on the discord server to help amend the issue. Interestingly, Yakovenko suggests the attack is something similar to Ethereum’s Shanghai attack when it experiences DOS.

Unlike Solana, the Ethereum network did not shut down the network themselves, raising questions about centralization concerns over the network.

This is a developing story and will be updated as more data and information becomes available.

Why You Should Care?

Network decentralization is not guaranteed by any company when the network is under attack.

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APPROVED BROKERS
Row 1 Left net_home_top Row 1 Right Row 2 Left Row 2 Center Row 2 Right Main Right TOP 07 Main Right TOP 06 Main Right TOP 05 Main Right TOP 04 Main Right TOP 03 Main Right TOP 01
28-09-2021 19:47:00 (UTC+7)

EUR/USD

1.1679

-0.0015 (-0.13%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

EUR/USD

1.1679

-0.0015 (-0.13%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

GBP/USD

1.3539

-0.0156 (-1.14%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

USD/JPY

111.61

+0.62 (+0.55%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (0)

AUD/USD

0.7235

-0.0052 (-0.71%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (10)

USD/CAD

1.2663

+0.0036 (+0.29%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

EUR/JPY

130.35

+0.57 (+0.44%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/CHF

1.0847

+0.0024 (+0.22%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (1)

Gold Futures

1,729.10

-22.90 (-1.31%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

22.115

-0.579 (-2.55%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.2715

-0.0180 (-0.42%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (8)

Crude Oil WTI Futures

76.03

+0.58 (+0.77%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (2)

Brent Oil Futures

79.22

+0.50 (+0.64%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (6)

Sell (3)

Natural Gas Futures

6.037

+0.306 (+5.34%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (5)

Sell (2)

US Coffee C Futures

194.43

+0.78 (+0.40%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (2)

Euro Stoxx 50

4,095.75

-69.73 (-1.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

S&P 500

4,443.11

-12.37 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

DAX

15,373.25

-200.63 (-1.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (5)

FTSE 100

7,056.65

-6.75 (-0.10%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (9)

Hang Seng

24,500.39

+291.61 (+1.20%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (1)

US Small Cap 2000

2,281.79

+33.71 (+1.50%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

IBEX 35

8,896.50

-106.40 (-1.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

BASF SE NA O.N.

64.980

+0.240 (+0.37%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Bayer AG NA

47.66

+0.19 (+0.40%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

Allianz SE VNA O.N.

195.89

-0.30 (-0.15%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (7)

Adidas AG

270.57

-8.23 (-2.95%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

Deutsche Lufthansa AG

6.495

-0.066 (-1.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

Siemens AG Class N

144.32

-2.95 (-2.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Deutsche Bank AG

11.125

+0.005 (+0.04%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (2)

 EUR/USD1.1679↑ Sell
 GBP/USD1.3539↑ Sell
 USD/JPY111.61↑ Buy
 AUD/USD0.7235↑ Sell
 USD/CAD1.2663↑ Buy
 EUR/JPY130.35↑ Buy
 EUR/CHF1.0847↑ Buy
 Gold1,729.10↑ Sell
 Silver22.115↑ Sell
 Copper4.2715Neutral
 Crude Oil WTI76.03Neutral
 Brent Oil79.22↑ Sell
 Natural Gas6.037Neutral
 US Coffee C194.43Buy
 Euro Stoxx 504,095.75↑ Sell
 S&P 5004,443.11↑ Sell
 DAX15,373.25↑ Sell
 FTSE 1007,056.65↑ Sell
 Hang Seng24,500.39↑ Buy
 Small Cap 20002,281.79↑ Sell
 IBEX 358,896.50↑ Sell
 BASF64.980↑ Sell
 Bayer47.66↑ Sell
 Allianz195.89↑ Sell
 Adidas270.57Buy
 Lufthansa6.495↑ Buy
 Siemens AG144.32↑ Sell
 Deutsche Bank AG11.125Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,655/ 5,705
(-10/ -10) # 932
SJC HCM5,645/ 5,710
(10/ 10) # 935
SJC Hanoi5,645/ 5,712
(10/ 10) # 937
SJC Danang5,645/ 5,712
(10/ 10) # 937
SJC Nhatrang5,645/ 5,712
(10/ 10) # 937
SJC Cantho5,645/ 5,712
(10/ 10) # 937
Cập nhật 28-09-2021 19:47:02
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,730.36-20.8-1.19%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2204022480
RON 95-II,III2194022370
E5 RON 92-II2071021120
DO 0.05S1658016910
DO 0,001S-V1693017260
Dầu hỏa1564015950
ↂ Giá dầu thô thế giới
WTI$75.97-0.28-0.36%
Brent$79.86-0-0.00%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.640,0022.870,00
EUR25.936,3927.286,23
GBP30.388,5931.658,23
JPY200,05211,63
KRW16,6620,29
Cập nhật lúc 18:55:03 28/09/2021
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