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Solana Congestion: Impact and Future Plans
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[QUOTE="Crypto Byte, post: 344850, member: 106887"] [LIST] [*][B]Ore Mission Halts Mining:[/B] Due to Solana network congestion, Ore has stopped mining activities temporarily. [*][B]Price Impact:[/B] Ore's price surged to over $300 post-announcement, while Solana dipped to $127. [*][B]Ore's Distribution Mechanism:[/B] Ore used a PoW method on Solana for fair cryptocurrency distribution. [*][B]Solana's Challenges:[/B] Solana faced transaction scheduling issues, with up to 75% of transactions failing. [*][B]Revamp Plans:[/B] Ore will revamp its system for better efficiency and incentives for token holders. [*][B]Future Plans:[/B] Ore's v2 will align with Solana's upgrades, with existing tokens upgradable to the new version. [/LIST] [/QUOTE]
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Solana Congestion: Impact and Future Plans
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