Solana has gone down completely or partially at least seven times since September 2021
Charles HoskinsonThe creator of Cardano (ADA) has made fun of Solana’s newly launched mobile phone by bringing up the issue of Solana’s network outage. Hoskinson sarcastically tweeted that users may need to find seven of their friends on Discord to reboot, meaning mobile phones may experience performance issues like the Solana blockchain.
And all you have to do is find your seven friends to reboot again… https://t.co/580TodWOAA— Charles Hoskinson (@IOHK_Charles) 23 June 2022
Solana has gone down completely or partially at least seven times since September 2021. Solana experienced its most recent and fifth outage of 2022 due to a bug in a “durable non-transactional feature” around the beginning of June, causing the network to block production. For about four and a half hours.
As reported by U.Today, Solana developers have disabled the durable non-transactional feature to stop the network if the same situation occurs again.
On Thursday, Solana announced the release of the “Saga,” an Android phone with features closely integrated with the Solana, at an event in New York.
According to industry watchers, the phone could represent Solana’s biggest bet yet on its mobile-centric growth. Features include a mobile wallet adapter, a Web3 dapp store, integrated “Solana Pay” to enable QR code-based on-chain payments, and a “seed vault” that will house private keys deep within the phone. . The price is expected to be around $1,000 and it could be available for delivery as early as 2023, an official release said.
Cardano founder testifies before House committee
earlier today @iohk_charles Appeared before the US House of Representatives Committee on Agriculture, the Subcommittee on Commodity Exchanges, Energy and Credit.
Here is his testimony on the future of digital asset regulationhttps://t.co/v4PqKcsgrk– Input Output (@InputOutputHK) 23 June 2022
Cardano founder Charles Hoskinson spoke on the future of digital asset regulation before the House Committee on Agriculture, which is in charge of the CFTC. Posted by recap Cardano’s IOHK,
Charles Hoskinson noted that he stood for and supported fair and responsible regulation of digital assets and blockchain technology when discussing the importance of regulation in the crypto space.
However, he noted that given the novelty of the technology and the fundamental novelty of the asset class, it may not easily fit within the standards of laws and tests established nearly a century ago.