Solana Congestion Problems!🔥 + MAJOR Honeyland Airdrop!🚨CEO Interview
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- Опубликовано: 10 июл 2024
- Solana's network hits a bottleneck as meme coin mania triggers unprecedented transaction volumes. Development team scrambles to deploy software patches amidst growing concerns over network performance. Meanwhile, Honeyland has announced major updates coming to their ecosystem including partnerships and a massive $HXD airdrop.
Guest: Corey Wright, CEO of Honeyland
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00:00 intro
00:30 Solana Network Congestion
00:56 Active Wallets skyrockets
01:28 75% Failed Transactions
02:09 Solana Devs Scramble To Fix
02:44 Honeyland Active Users
04:14 $HXD Listings
04:51 Star Atlas Transaction Fails
05:49 On-Chain Gaming Problems
06:52 Avalanche Subnets
08:08 Beam In-Game Minting UX
09:49 $HXD Fiat Onramp
10:53 Marketing Budget
12:48 Mavia Time Square Ad
13:17 BASE Gaming
15:04 Solana Saga Rewards
15:55 $HXD Airdrop Coming
17:09 Devour Adds Honeyland NFTs
19:56 DraftKings Play2Earn
20:35 Apple Monopoly vs Jon Stewart
22:52 Honeyland Roadmap & Partnerships
26:14 Roblox Interoperability
30:28 outro
#Solana #Crypto #NFT
~Solana Congestion Problems!🔥 + MAJOR Honeyland Airdrop!🚨CEO Interview~
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Solana is fine. The problem is there is a shortage of meme tokens. We need at least another 350,000 new memes
You’re joking right? Lol
Sounds about right. Let's do 500,000 just to be sure, should solve the problem
😂
They need a new token registry and to limit people on how many they can make. All of this anonymous stuff needs to stop.
Sarcasm , word for word, given how multiple times Solana network suffered severe congestion more severe than my sinusitis tbh
Honestly, this means that the chain is active! It’s a cold problem to have and something Solana can fix for the future users to come
Even with these problems Solana still is by far the best chain!!❤🎉
Corey backtracking when Paul brought up Avalanches success.. 😂🤣😂
What doesn't kill you makes you stronger. Solana will sort this, particularly with firedancer incoming
I'm glad Solana is facing these issues. It's being battle tested.
It was battle tested and failed the test! Their claim of what TPS it could do was delusional!! They might need to reconsider its design.
With 75% of the transactions failing?😳 it failed
All technology goes thru growing pains. Sol has fixed every issue that has arrived and will fix this. To think otherwise, is plain lunacy.
True…they will fix this!
I can't even get it off to get rid of it because it's trash
It’s happing in trust wallet as well.
Paul's Avalanche bags must be huge. Should be called Paul "The Avalanche" Barron Network.
So true. The man plugs it every second he can.
Shilling hard it’s getting annoying
Right!
XRP network never goes down
Because nobody uses it 😂
@@jamesjacket your so wrong about that
@@SuliLeonjust go and check the numbers
@@jamesjacketexactly 😂😂😂😂
Ripple is just a database
I can’t swap on Tangem and they are saying it’s on the Solana side
You want to know who has zero congestion problems! HBar!
Also no liquidity lol
They would rather pump SOL than use HBAR s performance...
@@SlapBacbullshiiiiid
@HC-sb1ruthey know Solana is some held up garbage by vc
Dang, Solana is really having issues eh. I didn’t know it was this bad. Looks like Ethereum’s little brother right now.
Just a victim of its own success! They will fix this!
More like EOS' little brother.
SOL is always backing up 💪
I remember when EOS was the "ETH killer"
Solana was high in 2021 and than it fell down , what is going on now?
Solana is going in the trash. There are several chains that outperform Solana and have zero issues. If you experience these issues and don't see it as a red flag, you deserve what you get.
SUI will outperform them all. Don't take my word for it. Spend $5 on it (or any other chain) and form your own opinion. Don't play the charts. Play the game and win with experience.
That's why ICP will rule the world next cycle.
Solana is doing $2.5M in daily fees. ICP is doing $28. $28 … ICP is a ghost chain.
@@Bluvudu Solana is being stress tested and it will fail as it is already showing. It's having its day in the sun, no doubt. But this will be its last huge cycle. There are much better chains than Solana, ICP is just one of them.
But....but.. i thought firedancer was supposed to solve all these problems. Avalanche or Hedera. Not held up by VC
8:22 what is the name of this game?
My order for Saga 2 was automatically canceled 1 minute after purchase and I’m still waiting for refund. Anyone knows what happened?
It's a great problem to have and they'll be the first to find a solution....Hopefully
Just because memes on sol is running, it dont forgive numerous downtimes and problems.
REDO on TON: another 80% today. It's still a Microcap.
The problem with solana is its out dated gen 2 tech that cant scale and not fit for mass adoption, we learned this in the last bull run, are in Gen 3, which is ICP Kaspa, and Near ...
Agreed icp is only true tech rn rest is fugazi
Its more like the solana eclipse today
Solana will be fine. Fixes are on the way. Has nothing y to do with the networking speed.
Sort term fixes most probably. It has design flaws. They also claimed it could do much higher tps.
Invest Answers addressed this today. Go check out that video. Not saying more issues won’t arise later, but being the consensus chain is causing some battle testing. Any other chain that handled this much traffic would do worse.
$Mochi on base 😮❤
I thought Sol was supposed to be fast?! Yeah I sold all my sol for doge. One shitcoin for another. At least doge transactions go through.
4 Days now trying to Swap :(
Any airdrop?
I just performed three different swaps in the last hour. Just a bump in the road guys come on. None of other blockchain has encountered this much volume.
Exactly
And?
@HC-sb1ruother chains with more volume? What are you talking about? Solana has more transactions than all of the other chains combined!
AVAX🎉🎉🎉
Honestly confident in SOL.
Meme coin degens turning Solana into an open public toilet.
Any chain would have the same problems , just shows how popular and on point Solana is.
Stay the course and they will sort this out
Enter Firedancer !!
Enter same old story 😂, it's just that now their answer and hope is Firedancer, whose launch keeps on being delayed.
The main problem is Solana pretending there is no problem in the design.
@@davycrockett8886 that's the thing, I no longer hold sol, but I held it because it was very promising, but with the caveat that it is as experimental as can be. Crypto itself is still very much experimental, but within it Solana is two or more degrees more experimental than the other not so many projects that have some credibility in being their own protocol experimentations and not just copies.
@HC-sb1ru that, or Solana Labs making a phone and calling Solana decentralized :)). We have from those, and others, to pick.
As VC chain as can be. Last cycle they inflated their TVL and others, this cycle they use memes to pump its price.
ASTR $10
You guys hear that Shytoshi (creator of Shiba Inu) bought a bag of a micro cap coin called $KENDU?
TWATINAHAT next big memememee coin..
The honeyland tokenomics are a copy of illuvium, except the force you to buy their in game currency while your crypto is custodied with honeyland in order to play. Downgrade. Not your keys, not your crypto
The transactions are way too cheap.
StepN is a questionable project and certainly not thriving. I am surprised that HoneyLand wants to get involved with them.
If youre constantly breaking, hmmm, must be Broken !!!
Paul you should know what a “failed” transaction means vs dropped . These are basics . You should really watch light speed video on technicals of solana failed vs dropped and why .
Base token....base chain!!!
I keep hearing the slowdown is being caused by this ore mining crap
Solanas network continues to go down. Cardano never has...hmmmmm
I see nothing but consistent progress and overall improvements on Solana. Baby steps. ❤
Bad design. That's what this breakdown has showed.
Solanas issues are due to Solana being a great product and everyone wants some of it. They are being overwhelmed and they are congested! It’s a great problem to have
No. That's when people lose money through transactions. If it wasn't for shit memes, Sol is nothing.
So it only works when no one is using it got it
Thats not a great problem to have when users are losing hundreds/thousands of dollars on trades because of slow/delayed transactions mate
@@m.k.k.4931 you have no clue what your talking about
Not something to be proud of buddy. Solana playing the big leagues now they can't be playing around
Is Hbar a good investment?
L2 season eth coming ty solana
$BUBBLE
If I would a build a game or an RWA Dapp on Solana I would be scared shitless.
I havent had any failed
Maybe a few dropped abs some slippage
All transactions actually went through
Overblown
Try going to fiat
Are you able to swap in and out of coins ? When you're trading you need to be able to sell virtually instantly
'Everything is fine'
I played Honeyland until after about 3 weeks of daily play I needed to pay (buy HDX). Also noticed the land is bespoke and owned and expensive. Totally lame experience! Don’t waste your time.
I like Apewifhat
You know why Avax has no congestion issues? Cause it has no volume compared to Solana.
I want to still use Solana but I have to be able to sell out of a coin when its dumping ya know. A 1-2 min delay can cost you hudreds of dollars. I can handle the congestion if its just when I'm trying to send money to another wallet. The trading is the issue
@@SlapBac sure…but it’s the normal pains of growing up. Everything is still very experimental in crypto
@@jamesjacket This is true
QNT HBAR ALGO AVAX FILECOIN JASMY PYTH LITECOIN ARKHAM COQ WAX XAI
SUI already solved this problem, scaling horizontally is the solution.
The biggest problem with Solana is major adoption. A victim of its own success! They’ll fix it!
First
So glad i own Cardano instead of Solana
Yes much better to have Ada stable coin
Well I'm out. I feel like you're getting way too click bait and fudish for my likings. Same reason I dumped alt coin daily.
Memes have exposed Solanas flaws, this is their true value. Time to move to Hedera.
Zzub Zzub!!
It's almost as if blockchain isn't supposed to be used for games over a traditional database...
Many said solana will flip eth😂😂
Solana will flip ETH. ETH is doing $6.8M in daily Fees. SOL is now #2, doing $2.5M in daily fees. It won’t be long.
Wait and see
Solona has a good team, founder and direction, This is not a token that will be shaken from me. I stand with this eco system and its developers. They've already been to hell and back. This is not a token or team I would underestimate, This is a growing technology and no matter what road your on theirs always hicups
Zero integrity. Paul you preach self custody of assets and then you tell this guest its a good idea that they custody the crypto and give players in game assets. Absurd. Practice what you preach, not your keys, not your crypto
The solution is Base. This bull cycle will be HUGE for ETH and Base will bring those gas fees to pennies. Solana is going to crumble and Base will take over. Meme coins are already exploding on this L2. More millionaires will be made on Base in 2024-2025 than all of the previous cycles.
You've been warned. Cheers.
That FTC lady is awful
Making more excuses for SOL. It’s the greed blockchain of memes and frauds. No thanks
Neither ETH or SOL is sustainable for mass scale applications. Only one that scales is ICP.
Can you imagine how Paul would kill Cardano if this was happening there. When smart contracts launched and the network was congested they killed Ada even though the transaction took long but didn't fail.
Ha look at Solana fanboy Paul and his weak blockchain
Paul, John Stewart is super smart. Don't be a douche and start spouting your ignorance around. Not a good look on your part.
John is very smart, but he is a tool for the establishment. A sell out.
HBAR is the future. Open your eyes.
No it isn't.
Solana is always having problems , yet it still rising because it is the choice for institutions
Yeah I'm pretty sure I saw the salon of people as well as Jamie diamond on the same news channel one time😂😂😂
Bitcoin and Solana are King. Easy.
I'm pretty sure all those failed transactions have happened on The xrp ledger all the time that's why I'm selling all my xrp to buy Solano right now😂😂😂
Look at all these SOL maxi's coping. 'ETH is so old and so expensive' Meanwhile SOL is just broken lol. SOL is 4 years old, getting Dino too and still broken.
Solana sucks XRP is number 1
😂😂😂😂...Now that's funny
The best part is when people think that sending cryptocurrency from one person to another takes 20 minutes😂😂😂
Or in my case with Selena right now you can't even move it
lol ridiculous excuses. A chain with so much money locked in should not be having such issues. Its so centralized and yet so problematic. Congestion is one thing, but failed transactions? LOL! Fascinating so many people still think its worth it 😂
Im out.
$ANSOM = First influencer to $1
DIK MEME COIN fk Solana
Yall should come to the icp community thank me later next year 🫡