The Solana blockchain experienced another outage on Friday afternoon, but is back online after restarting.
The protocol’s native cryptocurrency fell 6% daily as a result of the latest network outage.
- The Solana State Twitter Page reported last night about network issues when it stopped processing transactions.
- Shortly after, Stakewiz, an entity operating a validator node in Solana, provided more details, saying that validators stopped voting at 22:41 UTC on September 30.
- They also stated that the network outage was not a problem on the network itself and should be able to handle it.
- Although not yet confirmed, it appears that the problem lies in the creation of a duplicate block, which led to an obscure code path where validators were unable to return to the master fork.
- The solution came from restarting the cluster from the last confirmed slot: 153139220. Once the participation threshold reached 80%, the restart was completed and the network reconnected.
All reports of bank hashes and the resulting hash versions had the same values, after receiving enough reports, the validators decided to continue from that point and wait for 80% of the stake to come online.
— Laine ❤️ stakewiz.com (@laine_sa_) October 1, 2022
- It’s worth noting that this isn’t the first time the Solana blockchain has gone down, although the developers behind it published three steps on how to avoid this a while back.
- As in the previous examples, however, the network downgrade had a similar effect on the native cryptocurrency. SOL declined about 6% in the last 24 hours below $35.
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