Solana Continues Having Another Outage
According to Solana statistics, a misconfigured node led the Solana network to cease processing transactions and go down on Friday, the fifth significant outage for the popular blockchain since January, when it had a spate of partial outages throughout most of that month.
This disruption comes one year after a roughly 18-hour outage in September of last year. On Saturday, around 0:01 a.m. UTC, the Solana Status site, managed by the Solana Foundation, reported that the network was “experiencing degraded performance” and that blockchain engineers were trying to resolve the problem. Soon after, Solana tweeted:
The blockchain validator behind Stakewiz.com tweeted about the incident:
According to Stakewiz, the codebase should have addressed the issue, but for unexplained reasons, it resulted in an unrecoverable division or fork. The reboot was 74% complete at the time of publication, and the network had been offline for 6 hours and 45 minutes.
Solana is a popular blockchain for building non-fungible tokens, NFTs, and decentralized apps. It is one of several smart contract blockchains dubbed the “Ethereum killer.” The blockchain is currently the third largest proof-of-stake blockchain by market valuation, after Ethereum and Cardano, following the move to proof-of-stake on September 15.
But if it continues to grow and rival Ethereum, the network will need to stay and this is not the first time something like this has happened.
At the time of writing, SOL is trading at $32.93.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu