The “transaction failure” faced by the Solana network is different from typical transaction failures in general blockchain networks. Typically, transaction failures occur because “the transaction has been processed by validators but has not succeeded due to on-chain conditions.” However, according to developer cygaar, the current issue faced by Solana is that there are too many transactions on the network, causing the nodes to be overwhelmed and unable to process every submitted transaction. As a result, some transactions are discarded, and only a small portion of transactions can be successfully processed. Additionally, some bots send a large number of transactions to the network in order to maximize the chances of their transactions being processed, which further exacerbates the network congestion.
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …