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Solana shows resilience, but some areas need continued observation, Fidelity says

·1d ago
Source: Cointelegraph
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Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report. Solana has made significant progress in terms of network health across resilience, economic security and performance indicators, according to a Fidelity report. The layer-1 blockchain has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software could pose an outage threat, according to the report by Fidelity’s Center for Applied Technology (FCAT). The report said economic security was supported by substantial staking participation and incentives that reward validator performance. Low latency, expanded capacity and inexpensive transactions also support practical use at scale. Related: Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expandTo be sure, the Fidelity report noted that several areas surrounding decentralization and resilience warrant continued observation, including stake concentration among a small number of validator identities and operators. Cointelegraph reported on Aug.

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Cointelegraph·