Solana Blockchain Experiences Outage
On February 6 at 09:52:45 UTC (+3 MSK, +2 Kyiv), the Solana network ceased processing blocks.
At the time of writing, the blockchain has been down for about an hour.
“Ecosystem engineers are investigating the Mainnet Beta outage,” the team reported in an incident report.
Laine, a blockchain software developer and Solana validator, clarified that the outage was due to a “performance degradation” of the main network.
Solana Mainnet-Beta is experiencing a performance degradatation, block progression is currently halted, core engineers & validators are actively investigating.
— Laine ❤️ stakewiz.com (@laine_sa_) February 6, 2024
“Validators have started taking snapshots using the state of their local ledger to prepare for a restart. Developers are still preparing the release,” the firm stated.
Laine announced the commencement of the network restart. Validators are updating the software to v1.17.20. Once 80% of the stake is reached, the cluster will resume block production from slot 246,464,041 (the halt occurred at 246,464,003). At the time of writing, progress is at 11%.
A cluster restart on v1.17.20 has begun, you can follow the progress here: https://t.co/2tIgKBUc6o
Once 80% of stake has restarted the cluster will resume block production from slot 246464041
— Laine ❤️ stakewiz.com (@laine_sa_) February 6, 2024
Representatives from Laine reported the restoration of network functionality, with “new rooted blocks and finalized slots” appearing.
The Solana network is back up, there was a brief fork resolution period after supermajority was achieved but we are now seeing new rooted blocks and finalized slots advancing
— Laine ❤️ stakewiz.com (@laine_sa_) February 6, 2024
The SOL token reacted to the blockchain halt by dropping from around $96 to below $94. According to CoinGecko, the asset depreciated by 4.5% over the day.
In February 2023, Solana validators restarted the network twice due to an unknown error that caused a complete halt in economic activity.
In June 2022, the blockchain experienced a failure due to a bug in processing “long-term non-targeted transactions,” which led to a consensus disruption.
Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!