Cardano Founder Has Got A Solution For Solana Network’s Outage

Solana

Solana’s mainnet sparked a social media firestorm yesterday before pausing for a second time in such a short time. In response to a tweet about Solana’s collapse, Charles Hoskinson, the founder of Cardano, couldn’t stay away and proposed to its developers a video on how to restore ancient video games.

When asked if he thinks excessive ignorance can play a bad trick on him, as it did for Do Kwon and Luna. The creator of Cardano replied that nothing is absolutely sure and everyone has problems sometimes.

Why Did The Solana Network Halt

The delay on the Solana Mainnet Beta lasted roughly four and a half hours, after which validators were able to restore service to the main network.

Anatoly Yakovenko, co-founder of Solana Labs, clarified that there was a flaw in the part of the network that made the block invalid, preventing consensus. This flaw caused the nodes to provide different results, resulting in a breakdown of consensus and the permanent shutdown of the network.

This feature has been deactivated and the network has been resumed. Bug patches “will be issued as quickly as feasible,” according to Yakovenko.

Solana’s statements, on the other hand, were even less reliable than his network. The price of SOL fell 12.5% ​​following the outage, settling at around $40 per token. As a result, SOL is now trading at last August’s price, erasing all gains from the previous year.

Not The First Outage

The Solana network has already experienced many disruptions. The network was offline for nearly 10 hours in September of last year when the blockchain nodes went offline owing to high memory use.

Binance reported congestion on the SOL network in January 2022. As a result, network throughput dropped to tens of thousands of transactions per second.

However, cryptocurrency experts have questioned the network’s frequent failures. They even highlighted concerns about the network’s decentralized character.

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