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Showing posts with the label -chain

Ethereum On-Chain Metrics Are Relatively Stable: On-chain Data

Santiment shared that ETH’s on-chain metrics are not showing any concerning signs at the moment. ETH’s trading volume, as well as the supply held by ETH whales, have declined drastically. On the other hand, development activity for ETH has not stopped increasing since the project’s inception. On -chain metrics for Ethereum (ETH) are not showing any concerning signs at the moment, according to a Twitter post shared by the market intelligence platform Santiment earlier today. Although ETH is not showing huge signs of struggle, Santiment suggested that now might not be the most opportune time to invest in the leading altcoin. #Ethereum's market capitalization has undoubtedly been a rollercoaster, like most of #crypto. But are its metrics pointing to any particular concerning signs? Nope. Our latest insight looks at $ETH's rising development activity and plenty more. https://t.co/NSLfp2t0go pic.twitter.com/D5vwHvourV — Santiment (@santimentfeed) A...

Solana CEO hoses down claims network outages caused by on-chain voting

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Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana's network outages were caused by on-chain voting were born out of "pure ignorance." Anatoly Yakovenko, the founder and CEO of Solana Labs has downplayed claims that Solana's network outages were being caused by a high volume of validator messages and its on-chain voting system clogging its consensus layer. While the Solana Foundation confirmed in a Feb. 27 post that the “root cause” of the recent 20-hour network outage is still not clear, the CEO responded to speculation that Solana’s decision to include on-chain votes as transactions is a “massive design flaw” that has led to its many outages. The controversial thread in question was posted by Twitter user DBCryptoX earlier on Feb. 27 days after Solana's 20-hour network outage, suggesting that the high volume of validator messages and on-chain votes were clogging the network. 1/Yesterday # Solana had another 20 hour outage Just one of about a...