Solana Labs Asked SolRazr IDO To Stop Fearing Another Meltdown

Solana blockchain might not be ready for scaling up to its full specification as the SolRazr IDO was cancelled in its original form on the request of Solana Labs team, the official Twitter confirmed on Oct 6. The request for cancellation resulted from the fear that the incoming IDO might cause another large spike in network activity and thus cause a network meltdown and outage, similar to the one experienced on Sep 14, which saw the Solana blockchain go down for around 18 hours.