THELOGICALINDIAN - The highthroughput blockchain was hit with bottleneck issues afresh yesterday
Another Raydium AcceleRaytor IDO acquired above bottleneck on Solana yesterday. Although transaction confirmations slowed, it appears the arrangement did not ache an abeyance this time.
Solana Transactions Slow
Solana keeps accepting agitation processing transactions.
The high-throughput blockchain saw its transaction acceleration per additional bead almost 50% bygone as users accolade to participate in Raydium’s latest AcceleRaytor antecedent DEX alms (IDO). Although abounding users were balked that their affairs took best to process, the arrangement did not go offline as it did during a antecedent IDO.
Projects use antecedent DEX offerings to barrage their tokens and advertise them to the accessible via a decentralized exchange, contrarily accepted as a DEX. Distribution methods vary, but for many, an IDO is a adventitious to buy a project’s tokens aboriginal afore it increases in value.
Yesterday’s IDO was for Realy, a Metaverse activity on Solana aiming to amalgamate amusing networking, e-commerce, gaming, and trading. Like abounding added Raydium IDOs afore it, allocations for the Realy alms were awful approved after. In adjustment to accretion an bend during the IDO, abounding tech-savvy investors deployed bots to accept their affairs candy faster.
This convenance of application bots on Raydium IDOs has acutely afflicted the Solana arrangement in the past. In September, bots interacting with Raydium’s IDO for Grape Protocol clogged the arrangement with transactions, causing it to halt. The arrangement backward bottomward for about 18 hours as Solana developers and bulge operators endeavored to accompany the arrangement aback online.
It’s accessible that fixes implemented back the Grape Protocol IDO helped Solana break online on this occasion, admitting the aerial arrangement cartage acquired by bots. Crypto Briefing accomplished out to Solana Labs co-founder Anatoly Yakovenko for animadversion but did not accept a acknowledgment at columnist time.
Disclosure: At the time of autograph this feature, the columnist endemic SOL and several added cryptocurrencies.
