Altcoin Daily host Aaron Arnold is looking inside the Layer 1 blockchain protocol, which has recently been hampered by network performance issues.
In a new video, a closely followed trader tells his 1.2 million subscribers that Solana (SOL) has bounced back from a rough start to 2022 and is ready to surge in the coming weeks. It looks like.
Arnold says that first and foremost, he will disband the overburdened network.
“TLDR has been successful, but the biggest problem over the past year has been performance issues due to network overuse.
Well, they’ve been thinking about this for a long time, and in the next four to five weeks this will be sorted out. “
Anatoly Yakovenko, co-founder of Solana Labs on Twitter discussion Upgrade after the Robot of the chilled began to dump the SOLANA network with random mail messages.
These messages revealed an error in how the network handles deduplication. The code responsible for deduplication. [eliminating duplicate copies of] The message was after checking the signature and has taken up to 100 units per package [version] 1.8.14.
Since then, network performance has improved significantly, but spam filters still happen.
Engineers plan to introduce flow control in 1.9 using QoS [quality of service] Given the risks, implementing this feature in 1.8 is a top priority.
The Quic application is used to reduce the sender rates and must be published in the next 4-5 weeks. “
In a series of leaked photos, tech blogger Jane Manchunwon revealed to her 132,000 followers how OpenSea, a non-fungible token (NFT) marketplace, will add Solana NFT to its platform. I did it.
The OpenSea series filter with Solana as an option pic.twitter.com/asQoYrfTm4
– Jane Manchon Wong (Wongmjane) January 25 2022
According to data aggregator CryptoSlam, Solana has already had a significant impact on the NFT space, ranking first in the top five NFT blockchain rankings in November, and now second only to Ethereum.
The Altcoin Daily host also states that SuperLayer, the project studio behind the Rally Social Token (RLY), will leverage Solana’s network to host RLY-based consumer products.
“Fantastic news for Solana. Social icons are still prevalent and we are in the early stages.”
Solana fell 8.97% during the day and was trading at $ 90.22 at the time of writing. The downward trend of SOL, which fell by 48.1% from $ 173.62 in 2022.
Check the price movement
Don’t miss out – sign up and send encrypted email alerts straight to your inbox
Follow me TwitterFacebook and Telegram
Browse the daily mix
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do their due diligence before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfer and transactions are your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hoddle is not an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.
Featured Images: Shutterstock / mim.girl / Natalia Siiatovskaia