Solana’s mainnet set social media on fire yesterday before stopping for the second time in such a short time. In response to a tweet about the fall of Solana, Cardano founder Charles Hoskinson couldn’t stay away and offered his developers a video on how to restore the ancient video game.
When asked if he believes that extreme ignorance can play an evil trick on him like it did on Do Kwon and Luna. Cardano’s creator replied that nothing is absolutely safe, and that everyone gets into trouble sometimes.
Why did the Solana network stop?
The delay on the Solana mainnet beta lasted about four and a half hours, after which validators were able to restore service on the mainnet.
Solana Labs co-founder Anatoly Yakovenko clarified that there was a flaw in the part of the network that made the block invalid, leading to a lack of consensus. This flaw causes nodes to provide different results, resulting in the breakdown of consensus and the eventual shutdown of the network.
This feature has been disabled and the network has been restarted. According to Yakovenko, bug patches will be “released as soon as possible”.
Solana’s statements, on the other hand, were even less credible than her network. The breakdown resulted in the price of SOL falling 12.5 percent, coming down to around $40 per token. As a result, SOL is now trading at last August’s price, eroding all of last year’s gains.
not the first outage
The Solana network has already experienced several disruptions. The network was offline for about 10 hours in September last year, when blockchain nodes went offline due to high memory usage.
Binance reported congestion on the SOL network in January 2022. As a result, the throughput of the network dropped to thousands of transactions per second.
However, crypto experts have questioned the network’s frequent failures. He also highlighted concerns about the decentralized character of the network.