If Ethereum users participating in the Otherside metaclassical land sale caused an increase in network commissions and caused problems for the Etherscan blockchain observer, the Solana blockchain experienced a far more serious disruption. It seems that on Saturday, a flood of incoming transactions caused the Solana mainnet to lose consensus for about seven hours.
The PoS-based Solana network has experienced difficulties in the past, such as block production also stopping for several hours in mid-September 2021.
Block production on Solana’s core network has been halted. Validator operators should prepare to restart in mb-validators on Discord,” said a Twitter account called Solana Status.
Validator operators across the ecosystem are working to finalize instructions to relaunch the beta version of the core network.
In the meantime, users have become concerned about the safety of their funds:
What about the people who are currently awaiting the execution of the UNREQUIRED TRANSACTIONS…….. Will this be resolved? Or will we lose our money?????
Saturday’s disruption followed a statement by one of the project’s co-founders, Anatoly Yakovenko, that bitcoin’s PoW consensus algorithm should change to PoS.
Unless [bitcoin] eventually switches to Proof-of-Stake, no one will use it,” the Solana co-founder said.
Of course, the cryptocurrency community didn’t fail to quip about that:
If Solana doesn’t end up having a stable, fail-safe operation, no one will use the network.
Seven hours later, the information in the Solana Status account was updated:
Validator operators successfully completed a restart of the main network’s beta cluster at 3:00 a.m. UTC after about 7 hours of downtime since the network failed to reach consensus.
Network operators and decentralized applications will continue to restore client services over the next few hours.
The Solana development team had to issue instructions on how to restart the cluster and publish a document on how to start the process. During the first week of January 2022, the Solana development team officially acknowledged that “high throughput transactions reduce network throughput.”
While Solana’s network crashes fairly regularly, the bitcoin (BTC) blockchain has had a network failure rate of about 99.98734244113% since January 3, 2009.