Solana’s transaction issue ‘not a design flaw,’ exec says

On the 4th of April over 75% of non-vote Solana transactions failed with a slight improvement with the failure rate dropping to 64.8%.

Renowned trader Peter Brandt remained bullish on Solana, foreseeing a doubling in value against Ethereum.On the 4th of April, amidst the craze for memecoins, over 75% of non-vote Solana transactions failed. However, recent data indicates a slight improvement with the failure rate dropping to 64.8%.

Mumtaz further highlighted concerns regarding the implementation of “QUIC,” a Google-developed data transfer protocol, by Solana developers. “Why does everyone blame QUIC? Solana’s “Agave” client falls victim to this problem of taking too long, and it happens to talk QUIC.”“Solana is a highly efficient protocol that hasn’t nearly hit its scaling ceiling. This particular issue doesn’t hit the transaction processing part of the protocol and isn’t an issue of failed transactions.

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