Solana network was down for 5 hours today

[joniboini]

Not good but this is the Solana I know: there are many issues that need to be resolved with blockchain quality but the native SOL token price continues to increase strongly and is above 100 USD. This reinforces my belief in the truth: technology does not determine token price movements.

I don't think it is that black and white. I mean, the price did drop when the outage happened, so it affected the price, just that there are other factors to consider regarding whether people should continue to buy the token or not. For example, if a new project has an outage every week, I doubt their price will be good at all. In Solana's case, people already knows they have this problem, but the ecosystem is strong and they have ton of backers that would likely do something to prevent their cash cow dying.

[bitterguy28]

solana is back over 100 i think they simply will improve the server network and its is a non issue.

well this is important to be prioritized mate because if continue happen then this will become a Issue.

[NikeFit_7777]

Honestly? It's very funny after this situation. As always, the network is a bit depressing, but it's funnier that the CEO slept through it. Isn't that funny? Where else would you hear that? 
I don't see how with (that kind of attitude, they're going to attract (big investors)? I really don't understand at all. I think everyone understands what is happening now with the exchange rate (as much as possible not natural).

P.S. None of my business (what/who invests in), but investing in this asset for the long term is not for me. + in my mind, there should not be such an attitude on the part of the CEO.

Just on topic, there's an appropriate picture. 

[Zed0X]

Honestly? It's very funny after this situation. As always, the network is a bit depressing, but it's funnier that the CEO slept through it. Isn't that funny? Where else would you hear that? 
I don't see how with (that kind of attitude, they're going to attract (big investors)?

It displays confidence that the Solana team can handle it. He cannot show that he's rattled during outages. An investor with a significant stake in a company probably prefer not to see a CEO that could not sleep because it also shows that he still couldn't figure out how to solve the problem.

His message is clear that it's not a major issue.

The Solana logo with the power switch is funny.

[philipma1957]

Honestly? It's very funny after this situation. As always, the network is a bit depressing, but it's funnier that the CEO slept through it. Isn't that funny? Where else would you hear that? 
I don't see how with (that kind of attitude, they're going to attract (big investors)?

It displays confidence that the Solana team can handle it. He cannot show that he's rattled during outages. An investor with a significant stake in a company probably prefer not to see a CEO that could not sleep because it also shows that he still couldn't figure out how to solve the problem.

His message is clear that it's not a major issue.

The Solana logo with the power switch is funny.

my thought exactly. as I mentioned on a few posts soloana is the support blockchain for helium hotspots.

So real hardware all over the world helium miners depend on the coin.

There are over 400,000 helium hotspots which sold for 500 or so. This is a lot of hard ware. I think eth does not support any hardware of any kind.

So the ceo sleeping is a good sign in my book.

Oh shout out to mr v. anytime you want you can give me the 2 eth lost by me becaue you rewrote the blockchain when you got hacked.

Just a reminder that eth is the main competitor to solona and they played and still play games with investors money.

[EthereumDev_]

It displays confidence that the Solana team can handle it. He cannot show that he's rattled during outages. An investor with a significant stake in a company probably prefer not to see a CEO that could not sleep because it also shows that he still couldn't figure out how to solve the problem.

His message is clear that it's not a major issue.

The Solana logo with the power switch is funny.

Solana should not be able to do this because it could worry Solana supporters, Solana developers must work quickly and efficiently because cryptocurrency use should not stop when the power goes out and Solana should immediately develop many points so that transactions are not recorded in one place but all the points can be synchronized well without any problems.

[bitterguy28]

It displays confidence that the Solana team can handle it. He cannot show that he's rattled during outages. An investor with a significant stake in a company probably prefer not to see a CEO that could not sleep because it also shows that he still couldn't figure out how to solve the problem.

His message is clear that it's not a major issue.

The Solana logo with the power switch is funny.

Solana should not be able to do this because it could worry Solana supporters, Solana developers must work quickly and efficiently because cryptocurrency use should not stop when the power goes out and Solana should immediately develop many points so that transactions are not recorded in one place but all the points can be synchronized well without any problems.

Maybe this is how they are working now , the team don't wanna miss support just because of this issue though it had been happening for years now but still the team should look into this seriously.
Hope that in time this will not be a problem anymore.

[UNIVERSE]

Yes, in the past it was down, but in the end it actually made Solana even better. And it's no longer a big practice. Because their team is a very professional and solid team. So you can quickly respond to these problems and ultimately succeed better.

And even after that, the price of SOL rose and increased quite drastically, right? This makes Solana increasingly loved by many parties and its increase has been very significant recently.

[BitMaxz]

Yes, in the past it was down, but in the end it actually made Solana even better. And it's no longer a big practice. Because their team is a very professional and solid team. So you can quickly respond to these problems and ultimately succeed better.

And even after that, the price of SOL rose and increased quite drastically, right? This makes Solana increasingly loved by many parties and its increase has been very significant recently.

Last year the price of this was just around $15 and it suddenly increased in value last year November and it keeps increasing. If you bought Solana at around $15 last year you already made 700% profit.
This means we have seen a lot of improvement during the past months not on the network it seems this is an old issue with Solana they always have network outages. This is one of the important things they need to change to avoid such cases.

[EthereumDev_]

Yes, in the past it was down, but in the end it actually made Solana even better. And it's no longer a big practice. Because their team is a very professional and solid team. So you can quickly respond to these problems and ultimately succeed better.

And even after that, the price of SOL rose and increased quite drastically, right? This makes Solana increasingly loved by many parties and its increase has been very significant recently.

Solana continues to provide the best development to provide maximum service because its main goal is to create a network that has the lowest fees and has high transaction speeds, so as long as Solana has high demand, the price of Solana will continue to rise.

[Agbe]

This is one of the things that is making me to avoid all these altcoins because this the same method is used by Ponzi Schemes to shot down and run away with people's money. By the right and as a cryptocurrency coin project network supposed not worry again but they can only have congestion network which common in the system because of the crowd that is visiting or using the network are more but whereby the whole network was shot down then that is not a good encouragement for the project. If they are legit they should work on the network and have a smooth running project with obstruction then another thing is for them to have their personal forum to discuss Solana and not the dependency.

[philipma1957]

This is one of the things that is making me to avoid all these altcoins because this the same method is used by Ponzi Schemes to shot down and run away with people's money. By the right and as a cryptocurrency coin project network supposed not worry again but they can only have congestion network which common in the system because of the crowd that is visiting or using the network are more but whereby the whole network was shot down then that is not a good encouragement for the project. If they are legit they should work on the network and have a smooth running project with obstruction then another thing is for them to have their personal forum to discuss Solana and not the dependency.

I added more solana I am at 4.58 coins and I feel we could get over $200 soon 🔜 maybe 400 per coin.

[bitterguy28]

Yes, in the past it was down, but in the end it actually made Solana even better. And it's no longer a big practice. Because their team is a very professional and solid team. So you can quickly respond to these problems and ultimately succeed better.

And even after that, the price of SOL rose and increased quite drastically, right? This makes Solana increasingly loved by many parties and its increase has been very significant recently.

while this is alarming yet I guess that Solana needs to act accordingly about this network downing
though they have proven getting back from those downs yet if this continue then they will face a sudden loss of support
from potentail investors and those who are already invested.
because this is alarming each time when your coin is not to be found at some time?

[philipma1957]

Yes, in the past it was down, but in the end it actually made Solana even better. And it's no longer a big practice. Because their team is a very professional and solid team. So you can quickly respond to these problems and ultimately succeed better.

And even after that, the price of SOL rose and increased quite drastically, right? This makes Solana increasingly loved by many parties and its increase has been very significant recently.

while this is alarming yet I guess that Solana needs to act accordingly about this network downing
though they have proven getting back from those downs yet if this continue then they will face a sudden loss of support
from potentail investors and those who are already invested.
because this is alarming each time when your coin is not to be found at some time?

your post is a perfect example of why the op should lock this thread. 🧵

they went down more than 30 days ago and you are posting as if it just happened.

at the op why not lock this and dont open it unless they go down again.

[Rex067]

When was the last time this happened? IIRC, it was last year or maybe 2022? It's not that I hate Solana but this is really the one weakness of this blockchain. In fact, I also use it for transferring funds. I only have an issue with supporters who do not see the trade off here. You enjoy the cheap transaction fees and fast confirmation but, in exchange, you get a centralized protocol. Outages like this will happen from time to time as a result.

https://www.theblock.co/post/276174/solana-major-outage-mainnet-beta

On the 24th January 2023 , the network was down for about 6 hours . Well the Solana team said the outage was caused by a bug in the software that gives power to the network Solana. It causes some validators going offline which lead to chain split.