874228
Srijon Mahmud Rana
@ranasrijon #874228
I am A positive man.
105 Follower 133 Following
I just joined the waitlist for Arrows! A fun new game coming soon ↑
Characteristics
According to the company's white paper, Solana runs on a proof of stake model.[2] The New York Times and Financial Times described the coin as an alternative to
According to the company's white paper, Solana runs on a proof of stake model.[2] The New York Times and Financial Times described the coin as an alternative to
In June 2023, the SEC sued Coinbase, alleging that Solana and twelve other currencies offered by the platform failed the Howey Test and qualified as securities. The suit accuses Coinbase of illegally evading requirements for disclosure by offering these tokens. The SEC had previously issued a Wells notice to Coinbase in March.[13][14] Solana Foundation has denied that the token is a security.
Market value
The value of Solana tokens has fluctuated greatly since the system's inception. The market capitalization of the Solana blockchain surpassed $63 billion in September 2021,[17] and reached $74 billion in early November 2021, having risen by nearly 12,000% that year to a price of $259.96.[2] The blockchain's popularity at this time was due in part to interest in NFTs.
The value of Solana tokens has fluctuated greatly since the system's inception. The market capitalization of the Solana blockchain surpassed $63 billion in September 2021,[17] and reached $74 billion in early November 2021, having risen by nearly 12,000% that year to a price of $259.96.[2] The blockchain's popularity at this time was due in part to interest in NFTs.
## Outages
The Solana blockchain had experienced several notable outages in service.
On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to [fork](https://en.wikipedia.org/wiki/Fork_\(blockchain\)) ,and different [validators](https://en.wikipedia.org/wiki/Validator_\(blockchain\)) had different views of the state of the network. The network was brought back online the next day on 15 September 2021.[\[24\]](https://en.wikipedia.org/wiki/Solana_\(blockchain_platform\)#cite_note-yahoo20210915-24) The outage lasted a total of about 17 hours.
The Solana blockchain had experienced several notable outages in service.
On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to [fork](https://en.wikipedia.org/wiki/Fork_\(blockchain\)) ,and different [validators](https://en.wikipedia.org/wiki/Validator_\(blockchain\)) had different views of the state of the network. The network was brought back online the next day on 15 September 2021.[\[24\]](https://en.wikipedia.org/wiki/Solana_\(blockchain_platform\)#cite_note-yahoo20210915-24) The outage lasted a total of about 17 hours.
Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL.
Outages
The Solana blockchain had experienced several notable outages in service.
On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to fork, and different validators had different views of the state of the network. The network was brought back online the next day on 15 September 2021.[24] The outage lasted a total of about 17 hours.
The Solana blockchain had experienced several notable outages in service.
On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to fork, and different validators had different views of the state of the network. The network was brought back online the next day on 15 September 2021.[24] The outage lasted a total of about 17 hours.
Outages
The Solana blockchain had experienced several notable outages in service.
On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to fork, and different validators had different views of the state of the network. The network was brought back online the next day on 15 September 2021.[24] The outage lasted a total of about 17 hours.
The Solana blockchain had experienced several notable outages in service.
On 14 September 2021, the Solana blockchain went offline after a surge of transactions caused the network to fork, and different validators had different views of the state of the network. The network was brought back online the next day on 15 September 2021.[24] The outage lasted a total of about 17 hours.
Market value
The value of Solana tokens has fluctuated greatly since the system's inception. The market capitalization of the Solana blockchain surpassed $63 billion in September 2021,[17] and reached $74 billion in early November 2021, having risen by nearly 12,000% that year to a price of $259.96.[2] The blockchain's popularity at this time was due in part to interest in NFTs.
The value of Solana tokens has fluctuated greatly since the system's inception. The market capitalization of the Solana blockchain surpassed $63 billion in September 2021,[17] and reached $74 billion in early November 2021, having risen by nearly 12,000% that year to a price of $259.96.[2] The blockchain's popularity at this time was due in part to interest in NFTs.
