1. Home
  2. Coin Telegraph
  3. Ore wins Solana hackathon despite disrupting Solana’s network in April
Ore wins Solana hackathon despite disrupting Solana’s network in April

Ore wins Solana hackathon despite disrupting Solana’s network in April

0

Source: Coin Telegraph

A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue, where up to 70% of non-vote transactions were rejected.

The team behind the proof-of-work powered Solana-native crypto Ore has won the “Grand Prize” at a Solana Foundation-backed hackathon despite the project majorly disrupting the blockchain in April.

Ore won $50,000 in USD Coin (USDC) for its efforts in the May 6 “Solana Renaissance Hackathon” focused on finding Solana’s “next wave of high-impact projects.”

However, the sudden rise in Ore mining transactions, combined with the recent memecoin mania, were two of the main contributors behind Solana’s transaction failure issue in mid-April, which saw more than 70% of non-vote transaction requests being knocked back at first instance.

Read more

Go to Source
Author: Brayden Lindrea