• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase Promises Enhanced Support: Armstrong Apologizes for Solana Delays

user avatar

by Giorgi Kostiuk

a year ago


Brian Armstrong, Coinbase's CEO, publicly apologized for the Solana transaction issues caused by platform glitches. He promised to enhance support and scale infrastructure to prevent similar problems in the future.

Apologies from Coinbase for Solana Glitches

In a post on X on January 22, Armstrong admitted that the Solana transaction backlog was addressed, adding that transactions should now process quickly. He apologized for any inconvenience caused to users who faced transaction cancellations or delays.

Apologies for the trouble with your transactions. We have triaged the Solana backlog, and transactions should generate quickly again.Brian Armstrong

Plans for Infrastructure Improvement

Armstrong acknowledged the need for better Solana support and noted that Coinbase needs to upgrade its infrastructure and provide native support for common use cases like DEX/memecoin trading.

Reactions from the Crypto Community

The crypto community remains skeptical. One user, @PAGANDWOLF, pointed out that the platform had many years to address these issues and prepare for surges in activity like those seen in past bull markets. Armstrong noted that the increased activity is beneficial for the ecosystem but admitted the need to improve customer service during high demand.

Coinbase aims to enhance its platform to avoid such issues in the future. The company's CEO emphasized the importance of high-quality customer service, especially during periods of increased demand for Solana.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

House Financial Hearing in New York Aims to Shape Digital Asset Regulation

chest

A house field hearing in New York aims to build consensus around standard digital asset legislation, impacting market dynamics.

user avatarKofi Adjeman

BNB Maintains 578 Support as Inflation Relief Influences Market

chest

BNB maintains support at 578 as inflation relief influences market dynamics.

user avatarSatoshi Nakamura

Cardano Foundation Takes Over Token2049 Event Organization

chest

The Cardano Foundation has officially taken over the organization of the Token2049 event from EMURGO as of July 15.

user avatarNguyen Van Long

Chainlink Integrates US Macroeconomic Data to Enhance Market Understanding

chest

Chainlink integrates US macroeconomic data onto multiple L1 chains to enhance market understanding.

user avatarJesper Sørensen

SBI and Doppler Team Up to Improve XRP Settlement Efficiency

chest

SBI has announced a collaboration with Doppler to build XRP-based tunnels aimed at improving settlement efficiency for local banks.

user avatarRajesh Kumar

Kraken Enhances Card Features to Support Fiat Balances

chest

Kraken has announced an upgrade to its card, enhancing direct spend mechanics that support core fiat balances.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.