Solana Experienced Its Seventh Shutdown This Year

In the hit of the crypto space trying to recover from the recent bearish trend, Solana on the other hand has been from one outage to the other. Wednesday would total the seventh outage experience this year in the Solana network.

Data from Solana Beach show that Solana's block validators have not been able to create new blocks for over 6hours, causing an absolute shut down to all participants in the Solana network.

According to a recent official tweet from Solana status, it was explained that block production would be halted due to the bug that affected the presentation of real-time production on each block, causing the blocks to produce different results from input requests. And it was said restart from validator operations would get Solana back and running.

The Solana network which has braced itself by claiming to be a high-performance blockchain has in the past months created huge doubts for its users.

This outage has surged Solana's price down below $40, breaking the lowest support of $38.40 as of August 2021, and this makes it the second since the 1st of May 2022.

Instruction has been passed to validators to begin restart in MB-validator on Discord. The previous bug on May 1st was a 7hours shut down until validators did a restart on the network.

Solana has since the incident received a fair amount of lashes from users voicing their dissatisfaction with the numerous amount of outages in recent times, and a few pulling out their investments from the network, fearing their incompetency in keeping their investment safe and secure.

Russia Has Taken a Huge Step Closer to Making Cryptocurrency a Legal Tender With Its Recent Crypto Activities

Confronted with the strict Financial sanctions on Russia by the western economy, Russians' activities around the crypto space have greatly increased.

On 26 February 2022, the Central Bank of Russia was blocked from accessing more than $400 billion in foreign-exchange reserves held abroad and the EU imposed sanctions on several Russian oligarchs and politicians following the Russian invasion of Ukraine, as reported by Wikipedia.

Due to these strict financial sanctions, Russia was forced to use cryptocurrency as means for cross-border transactions to bypass sanctions.

Most recent activities in the crypto space have shown a huge possibility for Russia to soon make cryptocurrency a legal tender as a report said that a closed meeting was held by the Central bank of Russia, specific Russian ministers, brokers, the Saint Petersburg Stock Exchange and Information system operators concerning adding cryptocurrency to exchange listing. This action aim is for effortless intercountry exchange with the aid of a cryptocurrency exchange system in the financial sector. This means that the Central bank of Russia has come to terms with the acceptance of cryptocurrency into the country's financial system.

In alliance with the adoption, crypto mining has been legalized in Russia, and businesses have been registered to that effect.

The world in Russia is getting closer to crypto adoption. The question is, how soon would this happen?

China's Scientists Finds Elon Musk's Starlink Satelite a Threat to China's Security

Chinese scientists see a threat in Elon Musk's Starlink low orbit Satellites and make plans to destroy them if it threatens China's National Security.

The acclaimed civilian program to provide fast internet has been reported to have had a series of military activities, according to PRC Defense by David Cowhig.

According to the report, the researchers were in particular concerned about the military capabilities of the Starlink Satelite constellation. Researchers believe it could be used to track hypersonic missiles; dramatically boost the data transmission speeds of U.S. drones and stealth fighter jets, or even ram into and destroy Chinese satellites.

A report already shows that Starlink Satelite has been used for military purposes during the Russia and Ukraine war, as a tweet and reply between Ukrainian's Vice Prime Minister Mykhailo Fedorov and SpaceX founder Elon Musk implies.

It is supposed that a combination of soft kill and hard kill should be able to take down Starlink when the need comes for it. A soft kill is a measure taken by jamming the satellite or using a laser weapon, while a had kill is to physically destroy with weapons such as a missile. ill including jamming and laser weapons. 

China already has multiple methods for disabling satellites. These include microwave jammers But the researchers say that these measures, which are effective against individual satellites, won't be enough to scuttle Starlink.

What is far more worrisome is the fact that China already in the past have several effective methods to kill satellites. These methods include "microwave jammers that can disrupt communications or fry electrical components; powerful, millimetre-resolution lasers that can nab high-resolution images and blind satellite sensors; cyber-weapons to hack into satellite networks, and long-range anti-satellite (ASAT) include to destroy them." According to the U.S Department of Defense. But it is believed that none of this would be able to kill Starlink, as a report shows that it constitutes the decentralized system (blockchain technology), making it near impossible for China to hack into the system, according to Chinese Researchers.

At this point, Chinese Researchers are looking for a manoeuvre to kill the Starlink Satellite when the need arises.