• 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

Jason Atkins Addresses Crypto Liquidity Concerns

chest

Jason Atkins, Chief Commercial Officer of Auros, addresses crypto liquidity concerns, emphasizing the importance of liquidity for market stability and seamless transactions.

user avatarMaria Fernandez

Genius Terminal Sparks Airdrop Speculation with Points System

chest

Genius Terminal operates a points system distributing 50 million Genius Points based on trading volume and referrals, fueling speculation about a potential token airdrop.

user avatarRajesh Kumar

Genius Terminal Records Over $157 Billion in Weekly Trading Volume

chest

Genius Terminal, a crosschain trading platform backed by Binance founder Changpeng Zhao's YZi Labs, has recorded over $157 billion in weekly trading volume following its public launch in mid-January.

user avatarGustavo Mendoza

Milk Mocha HUGS Project Signals 74x Upside Potential for Early Investors

chest

The Milk Mocha HUGS project is in Stage 11 of its presale, offering a significant price advantage for early buyers.

user avatarMiguel Rodriguez

Milk Mocha HUGS Gains Traction with Impressive Presale Performance

chest

Milk Mocha HUGS has quickly become a popular meme coin, raising over $293,000 in its presale.

user avatarLuis Flores

Pepe Price Shows Short-Term Strength Amid Market Consolidation

chest

Pepe price is currently holding steady, showing signs of short-term strength while trading volumes remain high.

user avatarMaria Gutierrez

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.