Phantom wallet falters for nearly 3 hours amid high demand for GRASS airdrop
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Phantom wallet falters for nearly 3 hours amid excessive seek recordsdata from for GRASS airdrop Phantom wallet falters for nearly 3 hours amid excessive seek recordsdata from for GRASS airdrop
The wallet services went down six minutes after the GRASS token airdrop scream went are living, prompting observers to repeat the events.
Duvet art work/illustration by CryptoSlate. Image involves combined direct that can maybe maybe moreover goal encompass AI-generated direct.
Wallet provider Phantom services experienced nearly three hours of downtime on Oct. 28 amid usersâ inch to scream GRASS tokens. Users on X reported lacking balances and an lack of capability to manufacture transactions.
Essentially essentially based completely on Phantom Recount, a valuable incident with the wallet’s motivate ruin made the provider unresponsive at 1:36 P.M. UTC and went motivate are living at 4:20 P.M. UTC. Here's the second time Phantom services be pleased long previous down this month, with an 8-minute shutdown reported on Oct. 3.
After resolving the trouble, Phantom shared on X that its group would âcontinue to actively display screen the trouble,â together with that significant steps might per chance maybe maybe be taken to prevent a similar disorders.
Furthermore, Phantom reported 12 predominant backend incidents in 2024, 7 of which came about on Feb. 1, totaling nearly one and a half of hours of downtime. Two days later, on Feb. 3, the wallet provider reported delays with token balances.
As of April this year, Phantom reported 7 million customers, hasty making the lack noticeable to Solana customers.Â
In the meantime, the Solana community’s programs remained fully operational when Phantom went down, as Solana Recount records reveals total uptime for the previous 90 days.
Downtime amid airdrop
Seriously, Phantom’s disorders started six minutes after the scream of GRASS tokens went are living, prompting observers to tie each and every events as customers went to gain their rewards for interacting with the protocol.
The tokens are native to the Solana-essentially based completely mostly decentralized physical infrastructure (DePIN) community Grass and are utilized to reward customers that lend unused web bandwidth. The community capability is then at menace of mumble and handsome-tune man made intelligence fashions.Â
The professional Grass documentation finds that 100 million GRASS tokens, representing 10% of the provision, shall be dispensed in this major airdrop.
GRASS’s mark has fluctuated this present day. One hour after its commence, it fell 28% to attain $0.65 and has recovered 9% since then. Essentially essentially based completely on records from CoinGecko, the token is priced at $0.71 at the time of writing.
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Gino Matos
Gino Matos is a regulation college graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise essentially makes a speciality of the Brazilian blockchain ecosystem and traits in decentralized finance (DeFi).
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Phantom is a friendly Solana wallet constructed for DeFi & NFTs that makes it safe and simple so that you just can retailer, aquire, ship, salvage, swap tokens and gain NFTs on the Solana blockchain.
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