Solana Blockchain what's going on within....?

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So hello everyone how are you all hope so everyone is well and good so friends today i will be sharing my findings about the solana Blockchain as you might have noticed that how there operation are shut down very occasionally and the amount of time taken for transferring your soul token. This is happening just because of the congestion and there inefficiency to handle it.
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Is Temporary Shutting A Sign of Danger...?

So day before yesterday the solana blockchain operation were sent on hold for around 48 hours and this was not for the first time as in a span of 1 year it had already happened 7 to 8 times which is really way too much from a top ranking crypto currency.

Maintenance are necessary but completely stoping up the operation is something which is really bad as suppose if someone's money would have stuck in solana blockchain and he might be in urgent need so it would be creating a hell lot of problem for him.

In my opinion there are two things which can lead to a fall of the great solana blockchain.

  • First is it's long taking transaction time which is really very long and very irritating and in case of emergency it is for sure you can't rely on it.
  • Second is it's completely shut down of operations which is yet another bad thing which really gives an bad image infront of the investors and people thinking to develop something on the solana blockchain. As to certain extent people can wait for delay in transaction but a complete shut down is something which is really bad.

Will Soul break it's ATH..?

I think the issues which i have discussed above is something which even team is aware of and as it is not just a shit coin in the crypto space so there team would have definitely started looking for ways to tackle these problems at there level and if they will be able to tackle these problems completely with continuous development then surely it will break it's ATH and even hit the range of 500-1000$ which is my prediction based on the development which it has displayed in the past.

I am thinking to atleast but 50 soul for long terms and keep an target of atleast 300$+ which i think is quite achievable and if it gets achieved then surely ill be having some decent chunk of profit for myself.

So what are your thoughts about the problems going around the solana network do let me know in the comments section.

Thanks friends have a great day ahead.

Posted Using LeoFinance Beta



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2 comments
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SOL price would skyrocket if the network were stable. I'm starting to question whether the network model itself is broken and not only the software implementation or the server infrastructure.

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At least ETH doesn't hang like that...

SOL needs to work out all the bugs in the TEST ENVIRONMENT, unless there is an inherent flaw in the design itself...

As it stands it is not ready for prime time.

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