- Over the weekend, Solana “lay down” for 20 hours
- Network activity stopped
- Bandwidth dropped to 15-20 TPS
- It was possible to restore the blockchain from the second time
- Developers still do not know the cause of the failure
Recall that on Saturday, February 25, Solana once again “fell”. The failure occurred after the fork, causing throughput to drop to 10-15 TPS.
The network almost completely stopped for 20 hours. The failure was resolved only after the second restart. The problem was solved, but there is no guarantee that this will not happen again in the future.
Moreover, the cause of the failure has not yet been established. About it declared Solana Foundation:
“The root cause is still unknown and is being actively investigated.”
During these 20 hours, it was not possible to move tokens or conduct other transactions on the chain. And although the market reaction was rather insignificant, such a failure in the future could turn out to be a devastating blow to the ecosystem.
Crypto experts have put forward the theory that the increase in the number of votes served as the cause of the error. Allegedly, this increased the load on the network. But Anatoly Yakovenko, co-founder of Solana Labs, denied it:
“Votes are not just counted as transactions, they are recorded the same way. There is no cheaper way to account. If there was an economical way to wire votes for network nodes, why not use it for normal transactions?
At the time of writing, the SOL token is trading at $22.18 (-2.7% per day). A downtrend is clearly visible on the weekly chart of the asset price.
