On the Twitter spaces, Ferrante recounted a cascading series of internet outages that restricted the public’s chance to access the mint, first for an hour, then a day. He said heavy demand knocked out two RPC nodes (access points to the Solana blockchain) and also the user interface on Cloudflare, which, among other things, tries to prevent DDoS attacks.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...