Cryptocurrency

Solana experiences network outage and begins recovery

Key Takeaways

  • Solana’s mainnet went down, causing a massive outage that halted block production.
  • Key engineers and verifiers are actively working on fixes through network restart strategies that involve preparing software updates and creating snapshots.
  • Solana continues to experience disruption due to this network outage.

The Solana network experienced a severe outage.Block production and progress will be halted and the platform’s mainnet will be forced to go offline.

This interruption is First signaled by Solana Blockchain ExplorerThis represents a “massive disruption.”

How to avoid major cryptocurrency investment risks?  (beginner friendly)

Did you know?

Do you want to become smarter and richer with cryptocurrency?

Subscribe – We post new cryptocurrency explainer videos every week!

the problem is Detected quickly by users on social platformsIt points to no block production for long periods of time, far exceeding the network’s standard processing time.

In response to this disruption, Solana’s core engineering team and network verifiers We work diligently to diagnose and resolve problems..

Stakewiz, a prominent Solana validator, reported: A fix release is in development.. These future updates will be tested before validators are instructed to deploy them. Preparing to restart the network, Validators created snapshots based on the local ledger state..

This process involves validators creating snapshots for specific network slots, and current efforts are focused on: Ensure data consistency for restarts. The planned recovery strategy includes launching a mainnet-beta cluster with a new software version, with validators ready to proceed once final approval is received from the core engineering team.

Snapshots represent an important recovery mechanism that captures the network state at a specific moment in time to prevent data rollbacks and ensure transaction continuity. The network also announced a new software version., call for verifier Implement the update as described in the instructions.

The downtime sparked a response from the cryptocurrency exchange sector with platforms such as: Upbit temporarily halts Solana-based asset trading. The incident is another challenge to the Solana network, which has suffered multiple outages since its inception and highlights ongoing reliability issues.

Gile is a market sentiment analyst who understands which public events create which emotions. Her experience investigating Web3 news and public market messaging, including cryptocurrency news reporting, PR, and social network streams, will be invaluable to her role leading the cryptocurrency news editorial team.
As an intelligent expert in the field of Public Relations, she works with her team to identify real VS fake news patterns and aims to provide her results to everyone searching for unbiased news and events happening in the FinTech market. Her expertise is in informing the public of the latest reliable and informative Web3 announcements.
When she’s not investigating the credibility of mainstream stories, she spends her time enjoying the terrace views and meticulously maintaining her outdoor environment.


Related Articles

Back to top button