Wednesday, October 4, 2023

Another Bug Brings Down Solana’s Blockchain For Four Hours

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Another bug brings down Solana’s blockchain for four hours and SOL is down by 11% for the day which forced a rollback and restart of the validators so let’s read more today in our latest blockchain news.

Solana was down for four hours after another bug brings down the blocked consensus and the network validators disabled the feature to restart the network and to fix it later. The Blockchain platform Solana was down for four hours due to a bug that stopped the blockchain production. The official pages of the platform reported the issue and the validators brought the network back online via a restart a few hours later. According to the information from the Solana co-founder Anatoly Yakovenko and other developers, the issue happened because of a bug with some durable nonce feature of the blockchain. Yakovenko tweeted that the issue caused part of the network to consider the block as invalid and that no consensus could be formed as a result.

The validators worked together and restored the Solana network with a durable nonce feature disabled so Yakovenko added that the bug will be fixed in a future update and the Status Page reproted that the network was down for 4 hours and 10 minutes. Right now, some Solana RCP nodes are coming back online. Still, Solana is a strong Ethereum rival which became a popular platform for NFT collectibles, dapps, and games as well as dEFI services.

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The network’s SOL crypto saw a huge rise in value last fall but cooled down in the past few months alongside the rest of the market. Solana is down 11% over the past 24 hours to a price of $40 or down by 84% from the November peak of $260. Solana experienced two high-profile periods of downtime in the past few months while last September, the network got down for 18 hours after being overwhelmed by transactions that were sent to a DEFI protocol for a new token launch. Solana Labs described it as a denial of service attack and the network crashed after the NFT minting bots designed the game to launch a new NFT proejct which overwhelemd Solana with 6 million transactions per second. Metaplex as the maker of Solana NFT protocol implemented a bot tax penalty to avoid this issue in the future.

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