Quick Take
- In September, the Solana blockchain was swamped by transactions and ended up going offline for 17 hours.
- Solana Labs CEO Anatoly Yakovenko says that this is only a problem for those measuring in milliseconds.
When asked what are the chances the network goes down again, Yakovenko replied, “I don’t know. It doesn’t really matter, though.”
His argument went as follows: as long as there’s at least one copy of the ledger, the funds are still safe and the transactions will eventually get processed. If you don’t care how long a transaction takes to go through, “then how much do you care that there's a 72 hour block?”
Yakovenko likened the downtime to a particularly long wait between blocks. He claimed that Solana didn’t really go offline, there just wasn’t a confirmed block for that time period. “So that technically does look like a 17-hour block if you look at the history.”
Bitcoin, Ethereum and Cardano have entered the chat for a laugh... C'mon bois, this is the biggest centralized shitshow of the century and it seems that going offline might happen again or frequently!
EDIT: Thank you mods for changing the flair to "con arguments", how nice of you... The journalists from theblockcrypto must be the con artists for typing the words said during the interview... By the way the title of this post is actually the title of the source article! I guess someone is mad cause we call Solana out for being the garbage it truly is, centralized shitshow...
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