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Ore Quest Mining Suspension: Due to Solana network congestion, Ore has temporarily suspended mining operations.
Price impact: Ore prices increased to more than $300 after the announcement, while Solana fell to $127.
Ore's distribution mechanism: Ore used the PoW method on Solana to distribute cryptocurrencies fairly.
Solana challenges: Solana faces trade planning issues, with up to 75% of trades failing.
Improvement Plan: Ore will improve its system to bring better efficiency and incentives to token holders.
Future plans: Version 2 of Ore will accommodate Solana upgrades, with existing tokens upgradeable to the new version.
Price impact: Ore prices increased to more than $300 after the announcement, while Solana fell to $127.
Ore's distribution mechanism: Ore used the PoW method on Solana to distribute cryptocurrencies fairly.
Solana challenges: Solana faces trade planning issues, with up to 75% of trades failing.
Improvement Plan: Ore will improve its system to bring better efficiency and incentives to token holders.
Future plans: Version 2 of Ore will accommodate Solana upgrades, with existing tokens upgradeable to the new version.
