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Solana still at a standstill: The ambition to compete with Ethereum falters!

Tue 06 Feb 2024 ▪ 3 min read ▪ by Fenelon L.
Getting informed Event

A major new outage hit the Solana blockchain this morning, often presented as a scalable alternative to Ethereum. The incident led to a complete halt of block production, severely undermining the network’s reliability reputation.

Les ordinateurs Solana en panne

Solana paralyzed again, network reputation in jeopardy!

Solana, one of the most popular networks in the crypto world, was struck this morning, February 6, by another major outage. This caused a total interruption of block production for over 25 minutes, once again revealing the network’s recurrent instability.

The Solana blockchain, renowned for its speed and scalability, experienced an unexpected stop in block production. According to information provided by validators and the official network status site, the incident began around 10:22 UTC. The unusual absence of blocks for 25 minutes, for a network aiming for block times of 400 milliseconds, caused commotion.

The Solana Mainnet-Beta is experiencing performance degradation, block progression is currently halted. Engineers and validators are actively investigating“, stated Solana Laine, one of the validators.

This episode is the latest in a series of malfunctions that have struck Solana since 2022, highlighting the network’s ongoing challenges in terms of stability.

Root causes still unclear

Solana’s engineers mobilized urgently to diagnose the origin of the outage and to explore solutions. However, at the time of writing this article, recovery without a coordinated restart among validators remains uncertain. The latest updates indicate that corrective measures are under development and will soon be tested before deployment.

Solana Laine confirmed that engineers were working on a corrected version of the system, which will undergo rigorous testing before being put into production. Meanwhile, validators are preparing snapshots of the local ledger states, in the event of a possible network restart.

While Solana aspires to establish itself as a decentralized and scalable alternative to Ethereum, this new incident seriously tarnishes its efforts and nascent credibility.

In short, Solana’s ability to quickly and conclusively resolve these recurrent stability issues will be crucial in regaining the confidence of developers and investors. Otherwise, the project’s ambitions could be rapidly dampened.

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Fenelon L. avatar
Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.