Blockchain

Solana Outage Happens Again For The First Time In 2024

Key Points:

Solana experienced a major outage, halting block production and progression.
Efforts to rectify the Solana outage are underway, with a fix identified and a new version being prepared for validator implementation.

Solana, a prominent blockchain network, encountered a significant outage on Tuesday, halting block production and progression.

Solana Outage Happens Again For The First Time In 2024 2

Solana Outage Occurs For The First Time In 2024

The Solana outage, documented on Solana‘s system status page and confirmed by the blockchain explorer, prompted urgent investigations by core engineers and validators. Efforts to rectify the issue are underway, with a fix identified and a new version being prepared for validator implementation.

According to network validator @mtromp, core engineers swiftly mobilized to address the problem, aiming to restore normalcy to Solana’s operations. The Solana outage, marking the first disruption in 2024, ended a year-long streak of uninterrupted uptime.

Laine, a trusted Solana validator, emphasized the severity of the situation, highlighting the collaborative efforts within the ecosystem to address disruptions promptly. The new validator software release includes a patch to rectify the issue that caused the halt in block progression, as announced by Solana Foundation, which oversees the network’s maintenance.

Core Engineers and Validators Work to Rectify Issue

Validator operators have been instructed to prepare for a network upgrade and restart, with mainnet operators advised to upgrade to version v1.17.20. Additionally, validators have begun generating snapshots using the local ledger state to prepare for a restart.

The outage underscores the importance of maintaining the operational integrity of blockchain networks like Solana, with stakeholders actively working to ensure the network’s reliability and resilience in the face of challenges.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.