Can You Switch Off Solana? There Is A 6-Figure Reward Waiting For You
Jacob Creech, Solana’s Head of Developer, reminds the broader community that the team will reward anyone with $400,000 in SOL, the platform’s native currency, if “switch off” or halt the high throughput network. Taking to X on October 13, Creech encouraged interested white hacks and coders to head over to their repository and begin penetration […]
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The unexpected “589” post from Solana’s official X account quickly opened up new discussions about whether something significant is forming between Solana and the XRP ecosystem. One of the reactions came from a community figure known as Cobb, who openly wondered if Ripple had just secured a major deal with Solana. Nothing official has been […]
The Helium network, a blockchain-powered wireless system, may soon undergo significant revisions as its key developers consider switching to Solana. The proposal by Helium’s core developers to switch from their own blockchain network to Solana’s was codenamed “HIP 70.” Since developers revealed a plan to migrate the network to Solana, the value of HNT has plummeted. The HIP 70 proposal to move to the Solana blockchain aims to improve data transit, network coverage, and dependability. Some of the network issues have been described in a recent post on Medium. Helium....
Mobile wallets are the hot trend these days, but there is still no killer app for this type of digital innovation. Reward schemes may not be the way to go, as they are far too expensive and may not be worth the effort. When consumers use a digital wallet, they usually do so out of convenience. Rather than dealing with cash or even plastic cards,....
Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building. With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback. Being one of many coins that FTX CEO Sam Bankman-Fried (SBF) supported, SOL has been hit heavily amid the FTX collapse. On Nov. 10, the total value locked on the Solana chain has fallen by 32.4%. The SOL token lost almost half of its value, dropping in value from $38 on Nov. 5 to $17 at the time of writing. Because of the devastating things....
Bitcoin price rebounds to the upside, but the block reward halving waiting game continues (amid growing suspense). The strong reaction from the low near $600 (Bitstamp) does not yet resemble an advancing wave, yet, even if it did there is no xbt.social buy signal in the 1hr chart and we remain out of the market until we see a clear signal in either direction. For now, price advance has run into resistance at the 200MA (red) in the 4hr chart. The sense is that the market is eager for advance. There are large buy orders filling in under price and the expectation of a block reward halving....