Pockets supplier Phantom companies skilled practically three hours of downtime on Oct. 28 amid customers’ rush to say GRASS tokens. Customers on X reported lacking balances and an incapacity to carry out transactions.
In accordance with Phantom Standing, a significant incident with the pockets’s again finish made the service unresponsive at 1:36 P.M. UTC and went again reside at 4:20 P.M. UTC. That is the second time Phantom companies have gone down this month, with an 8-minute shutdown reported on Oct. 3.
After resolving the problem, Phantom shared on X that its staff would “proceed to actively monitor the state of affairs,” including that crucial steps could be taken to forestall comparable points.
Furthermore, Phantom reported 12 main backend incidents in 2024, 7 of which occurred on Feb. 1, totaling practically one and a half hours of downtime. Two days later, on Feb. 3, the pockets supplier reported delays with token balances.
As of April this 12 months, Phantom reported 7 million customers, rapidly making the scarcity noticeable to Solana customers.
In the meantime, the Solana community’s programs remained absolutely operational when Phantom went down, as Solana Standing information exhibits whole uptime for the previous 90 days.
Downtime amid airdrop
Notably, Phantom’s points began six minutes after the declare of GRASS tokens went reside, prompting observers to tie each occasions as customers went to gather their rewards for interacting with the protocol.
The tokens are native to the Solana-based decentralized bodily infrastructure (DePIN) community Grass and are utilized to reward customers that lend unused web bandwidth. The community capability is then used to coach and fine-tune synthetic intelligence fashions.
The official Grass documentation reveals that 100 million GRASS tokens, representing 10% of the provision, can be distributed on this first airdrop.
GRASS’s value has fluctuated at the moment. One hour after its launch, it fell 28% to succeed in $0.65 and has recovered 9% since then. In accordance with information from CoinGecko, the token is priced at $0.71 on the time of writing.
