Fantom CEO Defends Solana Amid Network Issues
Fantom's founder, Andre Cronje, has expressed support for the Solana network amid recent transaction glitches.
He argues that the high transaction failure rate is related to its popularity and increased demand for Solana, calling the network "a victim of its own success."
"Solana currently has such a high demand for block space, so the project team needs to optimize some bottlenecks. This, by the way, is just an engineering hurdle, not a consensus error or any critical component."
Other members of the crypto community agree with him, noting that users often want to benefit from high usage levels but become frustrated by the problems that arise as a result.
Currently, the price of $SOL is $180.38, while $FTM is trading at $0.93.
#Fantom #AndreCronje #FTM #Solana #SOL
Fantom's founder, Andre Cronje, has expressed support for the Solana network amid recent transaction glitches.
He argues that the high transaction failure rate is related to its popularity and increased demand for Solana, calling the network "a victim of its own success."
"Solana currently has such a high demand for block space, so the project team needs to optimize some bottlenecks. This, by the way, is just an engineering hurdle, not a consensus error or any critical component."
Other members of the crypto community agree with him, noting that users often want to benefit from high usage levels but become frustrated by the problems that arise as a result.
Currently, the price of $SOL is $180.38, while $FTM is trading at $0.93.
#Fantom #AndreCronje #FTM #Solana #SOL
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