Fun

Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’

News Feed - 2022-10-02 01:10:21

Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’


The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and the blockchain’s latest downtime caused the network’s native currency to slide 4% lower against the U.S. dollar in the last 24 hours. Solana’s Blockchain Deals With More Downtime — Misconfigured Node Blamed for the Outage


Solana’s network had an outage again after validators failed to process blocks due to a misconfigured node within the system. On September 30, 2022, the Twitter account Solana Status wrote: The Solana network is experiencing an outage and not processing transactions. Developers across the ecosystem are working on diagnosing the issue and to restart the network. More information will be provided as it becomes available.


Following the Solana Status update, a Solana proponent explained that the blockchain would be restarted. “The Solana mainnet network will be restarted at slot 153139220, the last confirmed slot,” the individual said. “It appears a misconfigured node caused an unrecoverable partition in the network. Validators, please participate in finding consensus on the relevant data.”


Amid the outage, Solana Status shared instructions on how validators could participate in the restart. “Mainnet Beta Validators: Please follow the cluster restart instructions,” Solana Status stressed. Around 3 a.m. (ET) Solana Status detailed that the cluster restart has been deployed. “Validator operators successfully completed a cluster restart of Mainnet Beta at 7 AM UTC,” Solana Status wrote. The team added: Network operators [and] dapps will continue to restore client services over the next several hours. Observers Ask: ‘What Good Is a Nakamoto Coefficient of 30 if 1 Misconfigured Node Can Bring Everything to a Halt?’


Solana took a lot of criticism from the crypto community when the outage happened, as the blockchain is nearing its tenth outage since Solana’s inception. The founder of Cyber Capital, Justin Bons, gave the project flak over the most recent outage. “[Solana] has gone down again,” the Cyber Capital founder tweeted. “This is the 8th time [Solana] has gone down in the past year. Blockchains should never have [downtime], yet [Solana] goes down almost every month. This is another consequence of bad design,” Bons added.




Another person asked about the misconfigured node problem. “Def not FUD…honest question…what good is a Nakamoto coefficient of 30 if 1 misconfigured node can bring everything to a halt?” the individual asked. Meanwhile, Solana supporters shrugged off the criticism and told people that the blockchain network will continue to improve as long as the engineers are persistent.


“Solana will be fine,” one person remarked on Twitter. “As long as the [developers] continue to improve the [blockchain]. That is what’s important. Still bullish on [Solana] for the long term. Tags in this story Block Issues, Block Production, Block Validators, cryptos, Cyber Capital founder, Justin Bons, Mainnet outage, PoS, Proof-of-Stake, September Outage, SOL, SOL Issues, SOL price, Solana, Solana Apps, Solana blockchain, Solana consensus, Solana Mainnet, Solana Outage, Solana Status, Solana Status Twitter, Solana Uptime, Solana validators


What do you think about Solana’s latest hiccup on September 30? Do you agree Solana will be just fine or do you agree that it’s a “consequence of bad design?” Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Basel Study Shows World"s Largest Banks Are Exposed to $9 Billion in Crypto Assets NEWS | 4 hours ago Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils NEWS | 17 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleDespite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January Next articleRussia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework Today"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms

News Feed

Elon Musk: Dogecoin will be used to buy Teslas ’at some point’
Arijit Sarkar4 hours agoElon Musk: Dogecoin will be used to buy Teslas ’at some point’Musk started advocating for Dogecoin after receiving requests from Tesla factory employees and SpaceX visitors to include the meme
Indonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty Newsletter
Ezra Reguerra5 hours agoIndonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty NewsletterThe CryptoPunks collection recorded another $16-million transaction this month as CryptoPunk #7804 sold for
Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs
Helen Partz10 hours agoMainland China investors won’t be able to buy Hong Kong Bitcoin ETFsMainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto
Ana Paula Pereira5 hours agoBinance headcount reduction hits 1,000 employees: ReportThe ongoing workforce reduction is reportedly global, with customer service workers heavily affected.4517 Total views7 Total sharesListe
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
IRS Agent Poses as Bitcoin Trader Called "Mr. Coins," Biden"s IRS Wants "Outflow and Inflow" Data From Banks Over the last few weeks, Americans have read about the U.S. Internal Re
How blockchain-based voting can restore trust in the electoral process
Zoltan Vardai11 hours agoHow blockchain-based voting can restore trust in the electoral processBrian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.811 T
Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement
Brayden Lindrea3 hours agoHedera’s HBAR token pumps 96% on misinterpreted BlackRock announcementA widely misinterpreted announcement from the HBAR Foundation has sparked confusion among crypto influencers and sent the
Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows
Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, acco
Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers
Ethereum"s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by HackersHackers are holding an unnamed crypto exchange to ransom after an alleged cyber-attack forced the Et
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
Bitcoin"s Hashrate Hits an All-Time High Nearing 300 Exahash per Second While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the diffic
What do Bitcoin’s all-time highs mean for crypto industry expectations in 2024?
Ray Salmond10 hours agoWhat do Bitcoin’s all-time highs mean for crypto industry expectations in 2024?We’re in a bull market. Now what? Jonathan and Ray share their thoughts, ideas and expectations for the crypto mar
How DePIN is shaping the future of crypto — Polygon Labs exec
Vince Quill3 hours agoHow DePIN is shaping the future of crypto — Polygon Labs execReal-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the indu