{"id":73746,"date":"2024-03-17T12:25:21","date_gmt":"2024-03-17T16:25:21","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=73746"},"modified":"2024-03-17T12:26:31","modified_gmt":"2024-03-17T16:26:31","slug":"phantom-wallet-down-users-hint-solana-linked-outage","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/phantom-wallet-down-users-hint-solana-linked-outage\/","title":{"rendered":"Phantom Wallet Down, Users Hint\u00a0Solana-Linked\u00a0Outage"},"content":{"rendered":"\n

Solana's dominant Phantom Wallet <\/a>is down, with some users reporting unsuccessful transaction inputs.<\/p>\n\n\n\n

\"Phantom<\/figure>\n\n\n\n

Phantom Wallet, the preeminent Web3 wallet within the Solana ecosystem, is reportedly offline, marking yet another recent disruption that has shaken the Proof-of-Stake (PoS) layer-1 blockchain network.<\/p>\n\n\n\n

Phantom Wallet Outage: Current Information<\/h2>\n\n\n\n

As per comments provided by members of the Solana and Phantom Wallet communities, viewed transactions are not attainable through the browser-based version of the wallet.<\/p>\n\n\n\n

Moreover, Phantom Wallet-initiated transactions could not be submitted, leaving users unsure of the cause.<\/p>\n\n\n\n

While several users have verified the assertions regarding the Phantom Wallet being unavailable, it does not appear that this is a widespread occurrence.<\/p>\n\n\n\n

During the past few hours, while some users have been unable to access their accounts or complete transactions, others claim to have submitted a successful transaction.<\/p>\n\n\n\n

Independent crypto journalist Colin Wu presented a screenshot of a transaction\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> in which the overview page of the browser wallet displayed a “no data” prompt.<\/p>\n\n\n\n

However, Phantom Wallet has yet to respond to any of these claims of an outage, which suggests that the extent of the current disruption is not yet known.<\/p>\n\n\n\n

\n

The community reported that the Phantom wallet transfer could not be submitted and was suspected to be down. Currently, SOL transfer transactions cannot be viewed in the blockchain browser after being submitted to Phantom Wallet. pic.twitter.com\/ggkrvaYmzs<\/use><\/svg><\/span><\/a><\/p>— Wu Blockchain (@WuBlockchain) March 17, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

Downtimes are not uncommon for Phantom Wallet, and as a Solana-based wallet, this is largely unsurprising to the majority of users.<\/p>\n\n\n\n

Phantom Wallet was the target of a DDoS attack in early February, which resulted in the protocol being temporally unable to process transactions or provide services.<\/p>\n\n\n\n

In line with the recent growth of Solana, Phantom has also experienced tremendous growth.<\/p>\n\n\n\n

Earlier this month, the protocol celebrated 4 million monthly active users, a substantial user base that could significantly contribute to platform congestion.<\/p>\n\n\n\n

In general, Phantom Wallet is not exempt from any associated complications such as a significant migration from the parent Layer-1 blockchain.<\/p>\n\n\n\n

Permanent Resolution to the Solana Outage Crisis<\/h2>\n\n\n\n

Given the continued expansion of SOL as a digital currency and the growth of Solana as a network<\/a>, the Solana Foundation is proactively investigating potential remedies to eliminate the recurring disruptions it experiences.<\/p>\n\n\n\n

Recent reports indicate that the Solana Foundation is considering standardizing priority fee payment for network-based applications.<\/p>\n\n\n\n

Furthermore, the newly implemented design tweaks will maximize compute units (CUs) utilization.<\/p>\n\n\n\n

Support will be provided for this innovation to augment the volume of transactions that can be transmitted over the network, thereby improving its overall throughput\/scalability.<\/p>\n\n\n\n

While several experts are optimistic about Solana's technological potential, it is generally agreed that if the outage issue is not resolved, it could impede its attempt to surpass Ethereum.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana’s dominant Phantom Wallet is down, with some users reporting unsuccessful transaction inputs. Phantom Wallet, the preeminent Web3 wallet within the Solana ecosystem, is reportedly offline, marking yet another recent disruption that has shaken the Proof-of-Stake (PoS) layer-1 blockchain network. Phantom Wallet Outage: Current Information As per comments provided by members of the Solana and […]<\/p>\n","protected":false},"author":56,"featured_media":73749,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,130],"tags":[6949,18357],"class_list":["post-73746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-blockchain-news","tag-phantom-wallet","tag-solana-outage"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/03\/Phantom-Wallet-blog-cover.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/73746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=73746"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/73746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/73749"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=73746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=73746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=73746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}