Coinmonks
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Coinmonks

The week in crypto: Solana outage, FBI crack down on NFTs, NY State moratorium on mining — June 6, 2022

Solana: a new outage but no outrage

I like Solana’s fundamental tech. I call it the streaming blockchain: all transactions are streamed directly from node to node into the blockchain. But the question remains: is it acceptable for a chain that has several billions in TVL (total locked value on smart contracts / defi) to be having regular long outages?

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Raphael Meyer

Raphael Meyer

Author, KEYS to BITCOIN: learn how Bitcoin really works https://www.amazon.com/dp/1734773324 and Twitter @RaphaTheGrey