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“The decision whether to continue with Polygon versus moving to Solana sparked a spirited debate between the pros and cons of each, with support for Solana's runtime, developer community, low transaction fees, and speed contrasting Polygon's centralization, reorg tendency, and user experience concerns,” the proposal reads. Source
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Solana NFT marketplace, Formfunction, has announced that it will shut down on March 29, saying it “cannot continue to operate.” The marketplace is set to close after only 13 months of operation. In a blog post on March 15, Formfunction informed its users that the decision to shut down the marketplace
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Formfunction, a Solana (SOL)-based nonfungible token (NFT) marketplace, has announced its closing up shop after only 13 months of operation amid a slump in Solana NFT prices and trading volumes.On March 15, Formfunction announced it is "shutting down" on March 29 saying it “cannot continue to operate” after “much discussion
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Bitcoin dipped under $22,000 during European hours on Wednesday, even as broader traditional markets remained relatively unchanged. Ether (ETH) shed over 2%. Among other large-caps, solana (SOL) and matic (MATIC) fell 6% in the past 24 hours, while Uniswap’s UNI and Avalanche’s AVAX fell 4% in the same period. Source
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The team behind Solana-based Exchange.Art is tapping into generative art through its new marketplace, courting creators native to Ethereum and Tezos. Original Source
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Austin Federa, head of strategy at the Solana Foundation, spoke to Cryptox at the ETH Denver conference on the network's outages, the impact of regulation, and the launch of its mobile device.Speaking to Cryptox on March 1, Federa said the New York Department of Financial Services — NYDFS, one of
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The launch of MetaMask SDK in the Unity Asset Store will allow developers to connect their games to the MetaMask wallet. On Tuesday, February 28, leading game development platform Unity announced that they had tapped into Web3 while unveiling a new “decentralization” category in its online storefront. The Unity Asset
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The Solana network experienced a noticeable slowdown in block production after its most recent 1.14 network update on Feb. 25, as it went into reset mode. As an immediate response to transaction disruptions, validators downgraded the software to up performance levels.However, on Feb. 28, Anatoly Yakovenko, the founder and CEO of
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Prior to the 1.14 release, core engineers were working on fixing problems that were impacting the network's speed and usability, such as invalid gas metering, lack of flow control for transactions, and lack of fee markets, among other more technical issues. These issues were prioritized to improve user experience. Source
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Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th
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