Solana


Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

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by COINS NEWS - 1 year ago

Solana has decided to rebrand its main motto.

After a long debate with the core development team, the marketing team, the CEO of Solana, Pope and Kermit the Frog, the team has decided, by voting unanimously, that Solana should be rebranded as Centralized and Stoppable. New changes that are...

by COINS NEWS - 1 year ago

Solana has gone down 10 times now

0th time (Beta). December 4th 2020. Mainnet Beta cluster stopped producing blocks. 1st time. 14th September 2021. Down for 17 hours 12 minutes due to a DDoS attack on a DEX. 2nd time. 6-8 Jan 2022. Outage for multiple days . Presumably DDoS attack....