💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Solana Developers Address Critical Bug Amidst Growing Scrutiny
Solana's developers and validators have swiftly implemented a fix for a critical bug that temporarily halted block production on the network. This incident has, however, amplified existing criticism regarding the network's stability and its history of outages.
Rapid Patch Deployment
Following the halt in block production, the Solana team acted quickly to identify the root cause and deploy a patch. Validators then coordinated to restart the network, restoring functionality in a relatively short time frame. This rapid response aimed to minimize disruption and reassure users.
Mounting Concerns Over Network Stability
Despite the swift resolution, the incident has reignited concerns about Solana's network stability. Critics point to previous outages and argue that these recurring issues hinder its potential to become a truly reliable and scalable blockchain for widespread adoption. The latest bug has led to renewed discussions about the network's architecture and testing procedures.
Community and Developer Response
While the core development team and validators worked diligently to resolve the issue, the Solana community has expressed a mix of frustration and understanding. Some users have voiced concerns about the frequency of such incidents, while others acknowledge the complexities of maintaining a high-throughput blockchain. Developers building on Solana are also closely watching these developments to assess the platform's reliability for their applications.