Leading smart contract platform Solana explained the reason for the slowdown in the network.
Solana has been experiencing a slowdown in network performance for a while. Although there was some speculation about the slowdown in Solana’s Telegram group, it was stated that the problem was caused by increased calculation processes. Along with the issue, users received notifications of failed transactions. The Solana Status account on Twitter is also currently the platform’s “increase in high computing transfers” confirmed that it was underperforming due to It was also reported that the network was offline for nearly four hours in the early morning hours of January 4. A detailed explanation on the subject has not yet come.
https://twitter. com/SolanaStatus/status/1479126136953053187
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Solana had experienced multiple slowdown issues before. These issues have caused some concern in the community for Solana, who is described as the Ethereum Killer.