SOL The Chain Goes down Again ! ETH 2.0 and upgrade is the only solution ?

[Hamza2424]

Personal Openion I don't preffer Sol or any other network above ETH. ETH provide Sustainability, Transperency, Secure Transections, A massive Network qith Most of Dapps and Base of all the Decentralized Finance. Transections Cost is the only issue with ETH network hoping to be fixed someday but things are much better now compared to last year.

Topic is Sol no doubt its fast its Cheap but it is not Sustainable and i can't consider myself to be the investor in SOL with Bugs and Centralized nodes , validators. This the 3rd time that SOL chain goes down for 7 hours before that much severed case of 48 Hours consider 48 Hours no Transections no trade.

Team took 48 Hours in past and 7 hours in this time to take over the problem. In future there might be a more complex  problem with chain then what it the Security SOL providing and what about the Quality and Sustainability of the Chain?

A big Question mark after this Crash. There other options as well AVAX same cheap and fast Luna & FTM BSC issue is same central control or poor Quality, considered but True potential is with ETH. Lets hope that ETH network will be upgraded with TPS.

[Fundamentals Of]

Ethereum is constantly upgrading itself. Ethereum does not have the perfect chain but it seems it remains to be the best choice among all the competitors until now. Despite the ridiculous high fees in the network, it seems it is still the top choice among developers. The fees are actually speaking for this high demand of the ETH network.

Some are looking for an alternative, for that next ETH, or ETH killer. They should forget about it if the alternative they are talking about cannot even succeed on its own. Solana won't be an ETH alternative if it is only highlighting the shortcomings of ETH. It should prove in itself that it is a better alternative. Right now, it is very obvious it fails.

[kidbounty]

other options besides solana maybe just Avalanche. luna, bsc, fantom, or tron are not very good. but i still hope solana can find the right solution for that problem and no similar case in future. As you said, the future of the sol network is being tested at this time. if they can only provide a quick solution without ensuring that their network is good, no one will want to use their network in the future.

[TastyChillySauce00]

Okay from here i just know that if AVAX and BSC are the best blockchains. AVAX never encounter a problem like this. Going offline for around 7 hours were a disaster for anyone. In the crypto that's a very long time to go.
I thought that if this already patched by the developers through the latest update. I see that the new announcement that created by sol dev and they stated that there will be a big update to fix the shortage problem. So this what they called that as the true decentralized blockchain. For me this just another gimmick to fool people to believe if the blockchain was truly centralized.
Bitcoin was the only one

[o48o]

Personal Openion I don't preffer Sol or any other network above ETH. ETH provide Sustainability, Transperency, Secure Transections, A massive Network qith Most of Dapps and Base of all the Decentralized Finance. Transections Cost is the only issue with ETH network hoping to be fixed someday but things are much better now compared to last year.

Topic is Sol no doubt its fast its Cheap but it is not Sustainable and i can't consider myself to be the investor in SOL with Bugs and Centralized nodes , validators. This the 3rd time that SOL chain goes down for 7 hours before that much severed case of 48 Hours consider 48 Hours no Transections no trade.

Team took 48 Hours in past and 7 hours in this time to take over the problem. In future there might be a more complex  problem with chain then what it the Security SOL providing and what about the Quality and Sustainability of the Chain?

A big Question mark after this Crash. There other options as well AVAX same cheap and fast Luna & FTM BSC issue is same central control or poor Quality, considered but True potential is with ETH. Lets hope that ETH network will be upgraded with TPS.

Yeah, they should have been in closed testnet for longer to iron out everything. But then again reasons can be fundamental and the starting point could be approaching the whole blockchain solution poorly. Maybe they patch things up and at least there hasn't been any catastrophical exploits so far. These kind of shutdowns however doesn't give a good impression to holders/buyers

[shinratensei_]

Solana network gets down caused by candy machine NFT tool. The blockchain that claimed as the most scalable blockchain got down caused by only a candy machine NFT and BOTs. Is not it weird to happen with solana? The bots can flood the network and this is only coming from one of NFT machine tool. You can imagine when there will be some machine will be running at the same time. The worst thing is if solana can go down for more than 7 hours.
The solana investors are getting worried about the condition of the blockchain. This what they called as the most scalable blockchain that was just a gimmick.

[Faisal2202]

Yeah i think ETH L2 is the only option for now, but as you know 2o r 3 successful tests have been occured, and they will implement eth 2.0 very soon, and new platforms like optimism and arbitrum etc, has announced their airdrop for L2 users on eth blockchain, the things is time comes for everything, now is the hype of eth 2.0 who knows sol got attention after this, And sol has alo a lot of platform working on it ( associated with it) and have no govern token yet, maybe we can get airdrop from them, market is the name of gaining, and it is providing great opportunities for stable coin holders, well i am just obderving.

[pawanjain]

I am a long term Solana holder but right now I am feeling kind of worried due to the frequent issues in the Solana blockchain.
I am holding SOL for more than a year now and may be I will hold it longer but if these downfalls keep occurring I might have to reconsider holding SOL.
ETH is definitely a good option no doubt in that but it's good to have a diversified portfolio which was the reason of me buying SOL.
I am not really sure which other options to consider for a long term other than BTC and ETH.
All seems hyped up in a short term.

[domoy77]

other options besides solana maybe just Avalanche. luna, bsc, fantom, or tron are not very good. but i still hope solana can find the right solution for that problem and no similar case in future. As you said, the future of the sol network is being tested at this time. if they can only provide a quick solution without ensuring that their network is good, no one will want to use their network in the future.

Solana's team will of course make sure the network stays good without problems with really good solutions, because they also don't want to only provide solutions for a moment without any endurance which can be very meaningful, because the problems faced by Solana are problems that very complicated to solve quickly.

[0verseer]

Solana network gets down caused by candy machine NFT tool. The blockchain that claimed as the most scalable blockchain got down caused by only a candy machine NFT and BOTs. Is not it weird to happen with solana? The bots can flood the network and this is only coming from one of NFT machine tool. You can imagine when there will be some machine will be running at the same time. The worst thing is if solana can go down for more than 7 hours.
The solana investors are getting worried about the condition of the blockchain. This what they called as the most scalable blockchain that was just a gimmick.

I don't get it. How a coin like this being at #7 at the coinmarketcap if it can get down just from bots flooding the network for some NFT? More importantly, if a network could be easily manipulated by bots and not organic users then wasn't it a bad thing? Like how the internet where any platform being infested by bots and not by real users got looked down, everyone stays away from it? While we, as the human has to prove that we ain't a bot to pass through some site (google captcha) to interact with the others?

[Doell]

other options besides solana maybe just Avalanche. luna, bsc, fantom, or tron are not very good. but i still hope solana can find the right solution for that problem and no similar case in future. As you said, the future of the sol network is being tested at this time. if they can only provide a quick solution without ensuring that their network is good, no one will want to use their network in the future.

Solana's team will of course make sure the network stays good without problems with really good solutions, because they also don't want to only provide solutions for a moment without any endurance which can be very meaningful, because the problems faced by Solana are problems that very complicated to solve quickly.

It's true that Solana team should do what they can, but this case has happened before. This is a serious technical case, rumors circulating of a candy machine that caused the chain to go down. But good news is that it doesn't have a big impact on the value of Solana stock price.

[Mosharafhh]

In my opinion sol will do best and upgrade themselves from this situation and in the mean time all will be ok there is no need to fear in this chain we already know how much they gain in past and it was in very short time i think they need some times to develope more gain more interest on their blockchain!!

[makishart]

Upgrade means nothing for sure and look at this news

https://cryptopotato.com/solana-is-down-for-hours-validators-planning-network-restart/

I guess several updates already done and i see that if solana is still having a lot of problems that makes the blockchain goes offline. I do believe if this was the internal problem from the solana blockchain itself. I will not believe with any upgrade that will have been done by the developers if this blockchain. Too many BS

[bbc.reporter]

@makishart. The Solana Foundation made some instructions in how to block NFT minting bots to fix the problem. I reckon this is very dangerous because it creates a setting for block producers on how easy it would be to create a storyline for censorship. What is spam and what is not? Anything censored only because it is considered spam should be very concerning.

[libert19]

Imo cosmos ibc is better than all chains mentioned, but then again nothing in this world is perfect, so I assume as it gets more use it's cons will be revealed in due time.

[Eternad]

@OP, You sounds like an Ethereum maximalist on your statement about SOL. Remember that common people that using SOL is not just a hodler but rather trader and dapps user so they commit transaction most of the time which they need a cheap transaction fee to do that. Yes Solana is too much Centralized but it doesn't change the fact that it really helpful for normal user with normal balance in there wallet. Ethereum wallet is very stressful for common crypto user so don't imposed your point as if everyone in crypto can afford to pay high gas fee for a single transaction. Just use Ethereum if you really like using it.

[bbc.reporter]

Imo cosmos ibc is better than all chains mentioned, but then again nothing in this world is perfect, so I assume as it gets more use it's cons will be revealed in due time.

All blockchain platfroms will have their own pros and cons. I reckon one of the biggest cons in Cosmos is it is harder to deploy a project compared to Ethereum or Binance smart chain where developers only need to know solidity so they can deploy their smart contracts. In Cosmos it is something similar to deploying your own blockchain if I am not mistaken.

[cabron]

Was there any reports of people losing money when the chain goes down?

Seem a weak reason that its just cause by the candy NFT and bots, there must be more news when users notice something different in the chain. The chain will be tested again with lots of activity on it again.  I couldn't also suspect the team is doing it on purpose for the fud. Its centralized, its not surprising they need to have more SOL once holders sell.

[TravelMug]

I don't think there is a perfect system here, even the best of them experiences issues. What is important is that this kind of projects will have to learn from this mistakes and try not to make the same in the future.

No doubt that ETH 2.0 is the top altcoin, but what if there is a alternative like SOL and others? isn't it everyone will benefit from it?

[Emitdama]

You call others centralized but what about eth? Rumors said that this coin was also centralized. You don't prefer sol but your title is focused on sol. If you don't prefer sol then you have no choice but to choose eth and embrace everything on it including its flaws. Eth is still usable but the only problem is it's fees have increased a little bit but that shouldn't be a big problem because what's important for you is the security and other features of eth that cant be found on any other alternative coins.

You complain that it took a long time for them to fix the problem, that's because you don't know anything. Other coins/networks can also experience a problem and it's normal. That could mean that they are improving their service so that no problems can occur in the future.