Solana Network Faces Major Disruption
The Solana network recently experienced a significant disruption that halted block progression. This disruption has caused a critical performance degradation within the network, leading to concerns about its operational integrity. Efforts are currently underway to identify and address the root cause of the issue in order to restore normalcy to Solana’s functionality.
Engineers Working to Fix the Issue
The core engineers of Solana have swiftly mobilized to identify the root cause of the outage and implement remedial measures. They have already developed a fix that aims to restore normal operations. This proactive approach highlights the collaborative efforts within the Solana ecosystem to address disruptions and maintain network reliability.
Jupiter Exchange Provides Support
Jupiter Exchange has assured its users of dedicated support during the ongoing downtime of the Solana network. The entire Jupiter team is ready to address any inquiries promptly, and users can open a ticket on Discord for assistance. The exchange also clarifies that stop-loss orders for perpetual contracts will execute precisely at the designated price, ensuring security for traders.
Preparing for Network Restart and New Validator Software Release
Validators within the Solana network are preparing for a seamless restart by generating snapshots of their local ledger state. This process captures the most recent data before the outage, setting the stage for a smooth resumption of operations. Additionally, a new validator software release is forthcoming, containing a critical patch to address the underlying issue. Validator operators are urged to adopt this update promptly.
Hot Take: Solana’s Recovery Efforts in Progress
Solana is actively working towards resolving the disruption it faced and restoring normal operations. The collaborative efforts of engineers, validators, and exchanges like Jupiter demonstrate a commitment to maintaining the network’s reliability. As the network prepares for a restart and the release of new software, Solana aims to overcome this challenge and continue to provide a secure and efficient platform for crypto users.
By
By
By
By