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Additional units from the U.S. Border Patrol are being deployed to the southern border following Trump's statement on combating illegal immigration
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DoomPosting
Looking like Coinbase screwing up and blaming Solana 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
PSA —
If “Solana is taking hours”, and you’re using Coinbase,
The problem is not Solana, it’s Coinbase
Solana transactions succeed or fail within seconds, and can be forced through even within minutes in these overloaded times
Get off of Coinbase
If you MUST use coinbase, probably get a coin that they can deliver faster, withdraw it and swap it on a dex for $SOL, using one of the wallets
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If “Solana is taking hours”, and you’re using Coinbase,
The problem is not Solana, it’s Coinbase
Solana transactions succeed or fail within seconds, and can be forced through even within minutes in these overloaded times
Get off of Coinbase
If you MUST use coinbase, probably get a coin that they can deliver faster, withdraw it and swap it on a dex for $SOL, using one of the wallets
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DoomPosting
Though Solana does have this weird problem of counting transactions as “failed”, even though they didn’t fail at all leading to accidental double-spends ^^ As is happening here with Kraken Only a matter of time before this causes much bigger problems…
Binance suspends $SOL withdrawals
How much you want to bet it’s because they too, like Kraken and many others, did the integration wrong?
Most Solana integrations have the horrible problem of reporting transactions as “failed” when actually they succeeded
— Which obviously can easily lead to the WORST POSSIBLE SCENARIO for exchanges… where the exchange retries a “failed” transfer many times, thinking it’s failed, but actually all succeeded
As we’ve been pointing out for months — Only a matter of time before this causes huge problems
Is that what’s happening with Binance, Coinbase, and others now?
Is that the real reason they’ve paused or hugely delayed withdrawals?
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How much you want to bet it’s because they too, like Kraken and many others, did the integration wrong?
Most Solana integrations have the horrible problem of reporting transactions as “failed” when actually they succeeded
— Which obviously can easily lead to the WORST POSSIBLE SCENARIO for exchanges… where the exchange retries a “failed” transfer many times, thinking it’s failed, but actually all succeeded
As we’ve been pointing out for months — Only a matter of time before this causes huge problems
Is that what’s happening with Binance, Coinbase, and others now?
Is that the real reason they’ve paused or hugely delayed withdrawals?
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DoomPosting
Binance suspends $SOL withdrawals How much you want to bet it’s because they too, like Kraken and many others, did the integration wrong? Most Solana integrations have the horrible problem of reporting transactions as “failed” when actually they succeeded…
MEXC exchange also suspends $SOL withdrawls
This is NOT due to Solana blockchain “congestion”
— Absolute BS, anyone with a brain knows this is pure BS
Betting that this is because everyone FINALLY realized that the typical Solana integrations, during overloaded times, wrongly report transactions as failed when actually they succeeded
— ENABLING DRAINING ATTACKS AGAINST EXCHANGES
Bet that’s exactly what’s going on, and this is the real reason why all the exchanges have suspended Solana withdrawls all at once.
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This is NOT due to Solana blockchain “congestion”
— Absolute BS, anyone with a brain knows this is pure BS
Betting that this is because everyone FINALLY realized that the typical Solana integrations, during overloaded times, wrongly report transactions as failed when actually they succeeded
— ENABLING DRAINING ATTACKS AGAINST EXCHANGES
Bet that’s exactly what’s going on, and this is the real reason why all the exchanges have suspended Solana withdrawls all at once.
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At least Binance all-but-admitted that it’s “technical issues” on their end,
Instead of trying to blame Solana
Hopefully none of the major exchanges got drained before they could fix this…
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Instead of trying to blame Solana
Hopefully none of the major exchanges got drained before they could fix this…
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