Blockchain for Red-Hot Crypto Solana Hits Processing Snag

The network underpinning one of this year’s fastest-rising cryptocurrencies is having problems validating transactions, according to a Twitter account run by the Solana project.

The issue stemmed from “resource exhaustion” in the network that caused denial of service, one tweet from the Solana Status account said over eight hours ago. Third parties that validate transactions on the blockchain elected to coordinate a restart of the network and are preparing a new release, the developer team said later in a statement.   

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