Solana Engineers Release Patch for Network Restart
Solana engineers have released a new validator software release, version v1.17.20, to resolve the cluster issue that caused the network to halt. Validator operators are advised to upgrade and restart the network. The restart status is currently at 40%.
Reason Behind Solana Outages
The frequent outages in the Solana network can be attributed to the system’s design. Solana handles all their consensus on-chain, resulting in a significant rise in transaction volume and TPS.
Solana Misses 100% Uptime
The Solana network experienced a major outage for 18 hours on February 25, causing block finalization to slow down after a system upgrade. This resulted in a 4% drop in SOL price.
Hot Take: Solana Struggles with Network Stability
The recent outages in the Solana network highlight the challenges it faces in maintaining stability and uptime. The reliance on on-chain consensus and the resulting increase in transaction volume have contributed to recurring issues. While efforts are being made by Solana engineers to address these problems through software upgrades, it remains to be seen if they can achieve consistent performance and uninterrupted operation.
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