Solana and its network congetion.

[Stompix]

I don't fully understand Solana's POS and POH, but it seems less stable than many POS blockchains like Ether or Cardano. The Solana team still can't predict and solve problems when the network reaches its tps limits, especially when Solana experiences memecoin and DeFi trends.

The Solana team knows the answers to this, unfortunately, it has to go in only two directions to be solved:
- increased hardware capacity, you can read about the minimum node requirement in my previous post
- increased centralization by cutting down validators thus numbers of votes that put a string on the network
Neither is a good solution

However, the price increase of SOL token shows that investors aren't too worried about Solana blockchain's stability.

Ethereum Classic was successfully attacked in a 51% attack 5 times, it still refuses to die!

[doc]

Congestion of Solana coin since im here never heard that but after i read about informations from OP is very interesting to discussion. Low cost and super fast transactions maybe this efect for Congestion because every user or investor choosing Solana coin for his asset or investment. Law of way = if way full with car is congested and if way unfull car is fine and calm. This is my probality about Solana coin and Car on the Way.

Congestion in the solanan network due to high traffic and it seems like solanan dev should start thinking about it, and it is normal for a network that is not as long as ethereum. Ethereum is the most secure and smooth network even though it used to have very expensive gas fees. Now ethereum has been able to lower its gas fees.

[Altlover]

Yes, you’re right. Solana has faced significant issues with network congestion and downtime, which are partly due to the popularity of meme coins and other high-transaction activities. Ethereum's earlier issues with high transaction fees, particularly during the 2017 and 2020-2021 bull markets, did not lead to complete network failures but did make transactions expensive. Despite attempts to address these problems with patches and upgrades, maintaining network stability and performance remains a significant challenge.
In my opinion, this is a natural occurrence because the Ethereum network has also experienced the same thing, the only difference is that Ethereum continues to develop, each network has its own advantages and disadvantages, such as Ethereum which can accommodate thousands of transactions but transaction fees are expensive, while Solana has cheap but frequent transaction fees.  experiencing transaction congestion. Now there is news about Solana experiencing transaction congestion and failure to process transactions. This is normal because Solana's increasing interest may be the impact of the ongoing ETF application.

I agree that Solana is going through some what similar phase as Ethereum did earlier. The big difference here is that the Solana network congestion is causing the network to fail whereas with Ethereum the network did not fail only that the transaction fee surged. Solana has become the favourite network for meme coins, which is one of the big reason for the congestion. They did try to resolve this issue by a patch but due to rising transaction it did not work as expected by the team.

[Metha Wulandarin]

such as Ethereum which can accommodate thousands of transactions but transaction fees are expensive,

Expensive network fees can be the basis of ETH premium prices. Due to the surge in ecosystem activity, the need for ETH just to fund these activities increases which means it affects the price. But it doesn't interfere with the performance of the blockchain network anyway, and people are willing to accept the current recommended fee whatever it is without worrying about transaction failure or even just being a little late.
I've expressed in other threads that I'm a bit pessimistic that solana will be approved sooner, I think the criteria from the technical side aren't yet mature. Let's wait and see...

Transaction fee is an issue in the Ethereum ecosystem and that is why it has a layer 2 solution to counter the fee. Further, I have never heard that there was a network outrage on the Ethereum network. Solana is still growing in the growing phase if it's a blockchain phase then it will not be able to survive in the long run. For now, the biggest competitor of Solana is the TON network the way it has been rising in a few years it will surely overtake Solana.

Yes, that's right with transaction fees that are more expensive than others Ethereum provides speed and success of transactions even though you have to wait a little longer but transactions on Ethereum are guaranteed to be successful as long as the balance is sufficient to pay transaction fees.
It's not that the more coins or tokens that are accepted or ETF that make crypto better in the future, right?

[Hisbullah]

Congestion of Solana coin since im here never heard that but after i read about informations from OP is very interesting to discussion. Low cost and super fast transactions maybe this efect for Congestion because every user or investor choosing Solana coin for his asset or investment. Law of way = if way full with car is congested and if way unfull car is fine and calm. This is my probality about Solana coin and Car on the Way.

I don't fully understand Solana's POS and POH, but it seems less stable than many POS blockchains like Ether or Cardano. The Solana team still can't predict and solve problems when the network reaches its tps limits, especially when Solana experiences memecoin and DeFi trends.

However, the price increase of SOL token shows that investors aren't too worried about Solana blockchain's stability. As long as money keeps flowing into Solana ecosystem, as long as we have more users and the number of tx remains high, SOL will still be a worthy token to buy & hold to profits in this uptrend

Yeah, it seems like investors are not worried about Solana, many new projects are using the Solana network even though we hear that the Solana network sometimes gets stuck when traffic is high but the Solana team will definitely improve their project so we don't need to worry.

[erus]

Congestion of Solana coin since im here never heard that but after i read about informations from OP is very interesting to discussion. Low cost and super fast transactions maybe this efect for Congestion because every user or investor choosing Solana coin for his asset or investment. Law of way = if way full with car is congested and if way unfull car is fine and calm. This is my probality about Solana coin and Car on the Way.

I don't fully understand Solana's POS and POH, but it seems less stable than many POS blockchains like Ether or Cardano. The Solana team still can't predict and solve problems when the network reaches its tps limits, especially when Solana experiences memecoin and DeFi trends.

Oh, so it turns out that the way Solana coin works is different, huh? Ethereum and Cardano are POS and Soalan is POH. Can you explain a little about the difference between POS and POH?

However, the price increase of SOL token shows that investors aren't too worried about Solana blockchain's stability. As long as money keeps flowing into Solana ecosystem, as long as we have more users and the number of tx remains high, SOL will still be a worthy token to buy & hold to profits in this uptrend

The law of economic conservation is that when money comes in, the project is running. If Solana investors and traders continue to be present, then it is certain that the Solana coin will continue to rise, right?

[dekafee79]

Yeah, it seems like investors are not worried about Solana, many new projects are using the Solana network even though we hear that the Solana network sometimes gets stuck when traffic is high but the Solana team will definitely improve their project so we don't need to worry.

The solana network congestion while waiting for traffic must have been thought of a solution by the dev team, so we don't need to worry, the solana project we see is quite good. There are many meme coins that use the solana network and we will see their prices increase next year during the bull season.

[Vx1]

Solana must make improvements from all the negative things that exist, and one of the most disturbing is the Solana network congestion. The competition for crypto services is very high, not only cheap network fees, but smooth transactions without congestion are also very much needed. And from these incidents I am optimistic, Solana will be better than before.

[B.Trader]

The concerns about Solana's network performance, particularly its inability to consistently deliver on the promise of high transaction throughput, are valid. Solana's reputation as a fast and low-cost blockchain has taken a hit due to these network issues, especially with the surge in meme coin activity causing congestion and transaction failures. The discrepancy between the advertised 50,000 transactions per second TPS and the actual performance, which is far lower in real-world conditions, has raised doubts about the network's scalability.

[gunhell16]

Congestion of Solana coin since im here never heard that but after i read about informations from OP is very interesting to discussion. Low cost and super fast transactions maybe this efect for Congestion because every user or investor choosing Solana coin for his asset or investment. Law of way = if way full with car is congested and if way unfull car is fine and calm. This is my probality about Solana coin and Car on the Way.

I don't fully understand Solana's POS and POH, but it seems less stable than many POS blockchains like Ether or Cardano. The Solana team still can't predict and solve problems when the network reaches its tps limits, especially when Solana experiences memecoin and DeFi trends.

However, the price increase of SOL token shows that investors aren't too worried about Solana blockchain's stability. As long as money keeps flowing into Solana ecosystem, as long as we have more users and the number of tx remains high, SOL will still be a worthy token to buy & hold to profits in this uptrend

Yeah, it seems like investors are not worried about Solana, many new projects are using the Solana network even though we hear that the Solana network sometimes gets stuck when traffic is high but the Solana team will definitely improve their project so we don't need to worry.

Recently, I have noticed that until now the main tools of hackers or scammers were their use of the Sol network in making meme coins to defraud the crypto community, because they only needed a small amount of money to do it.

And they can easily create a meme token to release this potential, and they also know that many people are hoping for a quick profit where they immediately see it in meme coins, so just a reminder that not all meme coins in Solana are potential, but most of it is just hype and ragpull that ends in the end.

[rizqillah]

Recently, I have noticed that until now the main tools of hackers or scammers were their use of the Sol network in making meme coins to defraud the crypto community, because they only needed a small amount of money to do it.

And they can easily create a meme token to release this potential, and they also know that many people are hoping for a quick profit where they immediately see it in meme coins, so just a reminder that not all meme coins in Solana are potential, but most of it is just hype and ragpull that ends in the end.

The solanan network is currently popular, that's why there are many scammers there. Actually, not only in the solanan network in ethereum, BNB, TON, Tron etc. there are also many scammers. so always be careful when making transactions or buying coins that are not top coins.

[joniboini]

And they can easily create a meme token to release this potential, and they also know that many people are hoping for a quick profit where they immediately see it in meme coins, so just a reminder that not all meme coins in Solana are potential, but most of it is just hype and ragpull that ends in the end.

Isn't this true for other chains too? It's relatively easy to launch new tokens hence why there are tons of phishing tokens out there. The older and more popular your chain is, the number of scam tokens will increase. It's up to the user to filter them out, even if some explorers or wallets automatically filter out those fake tokens. While these scam tokens might be one of the reasons why the tps is so low, I think Solana network reliability has been a key issue since its first launch.

[Stompix]

The older and more popular your chain is, the number of scam tokens will increase

I doubt older being a metric, it would mean Ethereum being still a scammer paradise outshinign everyone else when it's not!
I would hype, novelty then fees spent to issue coins!

That aside, seems like Sol fees are going down to the lowest in 3 months despite usage growing, mainly because of voting transactions going down, this means a change in validators but can't find any graph on that!

[MrSpasybo]

That aside, seems like Sol fees are going down to the lowest in 3 months despite usage growing, mainly because of voting transactions going down, this means a change in validators but can't find any graph on that!

Is this a good sign for the stability of the Solana network and a result of the updates from Solana Devs after the most recent outage? I’m not really good at blockchain technology and only understand basic concepts like speed, consensus mechanisms, and network congestion points. If no serious issues arise when Solana is overloaded/busy, I don’t think we’ll have any more Solana outages in this cycle.

Anyway, an outage isn’t a serious problem if the SOL price continues to rise and brings huge profits to investors. All mistakes can be forgiven if they don’t directly affect investors’ accounts, especially now that Solana doesn’t have many real users yet, and most are investors looking for profits in this vibrant ecosystem.

[rdluffy]

...
Anyway, an outage isn’t a serious problem if the SOL price continues to rise and brings huge profits to investors. All mistakes can be forgiven if they don’t directly affect investors’ accounts, especially now that Solana doesn’t have many real users yet, and most are investors looking for profits in this vibrant ecosystem.

Solana's network has been without outages for some time now
What can be very bad about an outage is when you have money in the DeFi protocols and need to pay an urgent collateral and the network doesn't work, causing you to be liquidated if prices rise or fall quickly
It's quite complicated when this happens and you have to keep trying over and over again without success