Billionaire and founder of FTX cryptocurrency exchange Sam Bankman-Fried (SBF) has made a public statement about the Solana project. He spoke out against the criticism of the blockchain from users and said that this network should not be buried due to the failures that occurred last week.
The entrepreneur decided to share his opinion about this project and its prospects in social networks. Bankman-Fried said that few of the users noticed that despite performance failures, the Solana network still processed more transactions than the vast majority of other blockchains. According to him, despite all the problems that have befallen this project, one should not underestimate its significance and prospects.
The head of FTX emphasized that the Solana team still has a lot of work to do in order to improve its product. Bankman-Fried noted that only ambitious and purposeful people can do this. He believes that the creators of the blockchain startup will be able to make significant progress despite all the problems. The billionaire said that in pursuit of a goal, people sometimes find themselves a little further from it than if they were doing nothing at all.
Earlier, Solana Labs co-founder Anatoly Yakovenko thanked all the programmers and others who helped in troubleshooting the network. He noted that performance glitches are due to Solana attracting huge interest from users.
Earlier, the Crypto.ru editors reported that Solana representatives spoke about the causes of problems in the network and told about what measures they were going to take to avoid the recurrence of such situations. The fault was the high active trading arbitrage bots that spammed the network. However, the developers released an update that fixed the situation.
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