Solana’s Co-Founder Talks Altcoin Challenges, Polygon’s Blockchain To Undergo Hard Fork As Snowfall Protocol Warns Investors Of Scammers
Top crypto projects, including Polygon (MATIC) and Solana (SOL), have been working hard to complete advanced solutions brought by new projects such as Snowfall Protocol (SNW). Investors have also become more concerned about which crypto projects to invest in in 2023.
Read on to know interesting happenings around these crypto projects.
Anatoly Yakovenko shares Solana’s (SOL) challenges and needed solutions as price hits $22.05
The Solana (SOL) community has reviewed the challenges they face while trading on the platform. The co-founder of Solana (SOL) openly shared the disadvantages of altcoin. He discussed some of the main problems with Solana (SOL), such as constant power outages, certain levels of centralization, fixed market corrections, etc.
He also mentioned that these issues have frustrated Solana ( SOL ) investors, which may cause them to pull their investments soon. However, he also pointed out that Solana (SOL) has recently implemented a second validator built by Jump. It indicates that Solana (SOL) users will not face any problems if bugs attack one of the validators. Solana (SOL) also became the world’s second altcoin to have more than one validator that works independently.
The promising solutions of the Solana (SOL) platform have positively influenced the price. Solana (SOL) is trading at a live price of $22.14, which is a 34.21% intraday increase.
Polygon (MATIC) suggests a hard fork; the price goes up 6.02%
The Polygon community (MATIC) will soon vote on the PoS blockchain’s hard fork proposal.
If the Polygon community (MATIC) approves, the software upgrade will happen in January.
The hard fork Polygon (MATIC) will target two major problems that the project often faces: Reorganizations or chain reorganizations and gas tax spikes. Thus, the Polygon (MATIC) hard fork will adjust the gas tax structure of the platform and reduce the tax during high chain activities. In addition, the Polygon (MATIC) hard fork will ensure proper transaction verification within a short time when the network experiences reorganization.
Polygon (MATIC) hard fork may increase the token price and offer better rewards to Polygon (MATIC) community members and validators. Polygon (MATIC) currently has a live price of $0.9718, which is up 6.02% in the last 24 hours.
Snowfall Protocol (SNW) encourages fraudsters to protect investors’ money
Snowfall Protocol (SNW) has performed extremely well in its pre-sale phases, attracting investors and scammers alike. Snowfall Protocol (SNW) noticed some fake websites trying to sell duplicate Snowfall Protocol (SNW) tokens.
The Snowfall Protocol (SNW) Twitter handle immediately pointed this out through a detailed post. The post shared the original Snowfall Protocol (SNW) address to help new investors recognize genuine Snowfall Protocol (SNW) tokens.
The post also mentioned that the official launch date of Snowfall Protocol (SNW) is very close and the crypto project is available on the Binance Smart Chain network.
Snowfall Protocol (SNW) token has a current price of $0.191, which is predicted to grow by 5000% soon. So buy into Snowfall Protocol (SNW) presale from the official website and get multiplied returns later.
Get in while you can and invest in Snowfall Protocol (SNW) today!!!
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