{"id":33494,"date":"2022-06-02T12:41:02","date_gmt":"2022-06-02T12:41:02","guid":{"rendered":"https:\/\/harchi90.com\/solana-tumbles-as-its-blockchain-network-suffers-2nd-outage-in-a-month\/"},"modified":"2022-06-02T12:41:02","modified_gmt":"2022-06-02T12:41:02","slug":"solana-tumbles-as-its-blockchain-network-suffers-2nd-outage-in-a-month","status":"publish","type":"post","link":"https:\/\/harchi90.com\/solana-tumbles-as-its-blockchain-network-suffers-2nd-outage-in-a-month\/","title":{"rendered":"Solana Tumbles As Its Blockchain Network Suffers 2nd Outage in a Month"},"content":{"rendered":"<div>\n<ul class=\"summary-list\">\n<li>Solana fell 10% Wednesday after reports of an outage on its blockchain network.<\/li>\n<li>Solana asked validators on its blockchain to restart the network to remedy the issue.<\/li>\n<li>The cryptocurrency promotes itself as a high-performance blockchain meant to compete with Ethereum.<\/li>\n<\/ul>\n<div class=\"inline-newsletter-signup &#10;                        headline-regular loading\" id=\"formContainer\" data-component-type=\"inline-newsletter-module\" data-event-label=\"10_things_markets\" data-list=\"10 Things Before the Opening Bell\" data-acq-source=\"marketsverticalinline\">\n<section class=\"inline-newsletter-content\">\n<div class=\"js-loader hidden\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"svg-icon \" version=\"1.1\" role=\"img\" width=\"50\" height=\"50\" viewbox=\"0 0 50 50\" style=\"enable-background:new 0 0 50 50;\" xml:space=\"preserve\">\n                        <title>Loading<\/title>\n                        <desc>Something is loading.<\/desc>\n                        <path fill=\"#111\" d=\"M43.935,25.145c0-10.318-8.364-18.683-18.683-18.683c-10.318,0-18.683,8.365-18.683,18.683h4.068c0-8.071,6.543-14.615,14.615-14.615c8.072,0,14.615,6.543,14.615,14.615H43.935z\">\n                          <animatetransform attributetype=\"xml\" attributename=\"transform\" type=\"rotate\" from=\"0 25 25\" to=\"360 25 25\" dur=\"0.6s\" repeatcount=\"indefinite\"\/>\n                        <\/path>\n                      <\/svg><\/div>\n<\/section><\/div>\n<p>Solana, the third largest cryptocurrency by market capitalization, fell 10% Wednesday following reports of its blockchain network suffering another outage. <\/p>\n<p>The blockchain had not produced new blocks for five hours, triggering all of its applications to shutdown, according to the Block.<\/p>\n<p>Solana&#8217;s <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/SolanaStatus\/status\/1532082272316293121\" data-analytics-module=\"body_link\" target=\"_blank\">network status Twitter page<\/a> advised validators on its blockchain to follow re-start instructions to remedy the issue.<\/p>\n<p>The cryptocurrency was changing hands at $ 41 per coin at presstime. <\/p>\n<p>The outage is the second in a month for Solana, which often promotes itself as a high-performance network meant to complete speedy transactions and rival the Ethereum network. <\/p>\n<p>Solana suffered similar turbulence on May 1, when its network remained down for roughly seven hours. <\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana fell 10% Wednesday after reports of an outage on its blockchain network. Solana asked validators on its blockchain to restart the network to remedy the issue. The cryptocurrency promotes itself as a high-performance blockchain meant to compete with Ethereum. Loading Something is loading. Solana, the third largest cryptocurrency by market capitalization, fell 10% Wednesday &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/solana-tumbles-as-its-blockchain-network-suffers-2nd-outage-in-a-month\/\"> <span class=\"screen-reader-text\">Solana Tumbles As Its Blockchain Network Suffers 2nd Outage in a Month<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/i.insider.com\/6297c14ce319620018a80e29?width=1200&format=jpeg","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/33494"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=33494"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/33494\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=33494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=33494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=33494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}