Bitcoin

After a six hour network crash, Solana drew criticism and support

Yesterday, A nearly six hour network outage of Solana, a layer-one blockchain known for its high performance, sparked ridicule and support from traders and developers across the smart contract space.

“At around 1:46 p.m. UTC on December 4, 2020, the Solana Mainnet beta cluster stopped producing blocks at slot 53,180,900 to prevent new transactions from being confirmed,” reported a live update blog post. by Solana.

The outage lasted approximately five and a half hours before more than 200 Solana network validators, who make up more than 80% of the network share, successfully initiated the network reset instructions and started producing blocks. once again.

After a six hour network crash, Solana drew criticism and support
After a six hour network crash, Solana drew criticism and support

“We would like to thank the passionate and hardworking global network of auditors who identified this issue and coordinated the restart of the network,” said Solana’s team.

A network failure audit will be carried out shortly.

Solana’s founder and CEO Anatoly Yakovenko has previously said that he accepts the competition between Layer 1 protocols and that this can help promote “excellence”. Solana’s SOL token is up more than 5% to $ 1.97 in 24 hours after bottoming out at $ 1.85 yesterday.

Critics of the Ethereum community, as well as other high-ranking competitors, were quick to speak out about Solana’s problems on Twitter yesterday.

An observer noted that trading Serum, Solana’s native decentralized exchange built by the central FTX exchange, had few BTC trades in the hours following the outage, suggesting that there was little demand for the Additional services consisted of commercial bots:

Listen! Someone forgot to turn on the “real customer orders that are definitely not a bot” for serum after Solana is back.

No new trades in the last 2 hours?

For his part, Sam Bankman-Fried, CEO of FTX, seemed to be taking the boost:

Yes they did, it seems it worked: P.

However, not everyone in the smart contracts space took the opportunity to launch the problematic Layer 1 protocol.

Hudson Jameson, researcher at the Ethereum Foundation, praise to the Solana team for their “quick response and recovery” and notes that Ethereum has seen its fair share of “network emergencies”.

Another Ethereum Foundation alumnus Nick Johnson also pointed out that if Ethereum 2.0 gets stuck in the lengthy implementation process, it would be wise to avoid harassment:

It’s depressing to see people jumping on Solana for having a consensus problem. Are we not becoming the maximalists of Ethereum, are we? Especially for something that could easily bite our butts one day in the future.

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