Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic

Bitcoin News

Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.”

Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project

Solana has faced renewed criticism after the blockchain network experienced its tenth downtime on Feb. 25 and into the following day. The network was widely mocked on social media and forums, including r/cryptocurrency. In one forum thread, a user wrote, “Giving a second chance is one thing I can get behind. An 11th chance, on the other hand, is beyond delusional.” Additionally, people made jokes about the bumpy restart of Solana, and in the Discord server, validators discussed adding their phone numbers to receive text messages about future restarts.

Bitcoin.com News reported on the initial downtime after the Solana Status webpage disclosed there was a problem with ‘cluster instability.’ The incident wasn’t resolved until Feb. 26, 2023, at 2:09 UTC. Some critics called the problem and previous downtime issues a “design flaw,” while others favored shorting solana (SOL). Despite the significant downtime, Solana Labs co-founder Anatoly Yakovenko defended the project, stressing that “Solana wants to be fast and super secure.” Brandon Tucker, the growth lead at Marinade Finance, a Solana-based liquid staking project, said an upcoming upgrade should significantly reduce these outages in the future.

“Chain restarts are never welcome, but it’s not a major setback,” Tucker said in a message sent to Bitcoin.com News. “Indeed, despite the furor, it’s a similar outage to the five others we’ve seen over the last 12-18 months. Ultimately, it’s good to see the validator community rally together on their own accord to initiate the updates and restart the chain in real-time. Solana is attempting to do something that no other chain has done with regard to throughput and decentralization and the path to get there is not straight – especially when it’s already being used by more people than just about any other chain,” the Marinade Finance executive added.

Tags in this story
10th down, 10th downtime, Anatoly Yakovenko, Blockchain, Brandon Tucker, co-founder, Criticism, Cryptocurrency, Decentralization, design flaw, downtime, fast, Forums, Investigation, Liquid Staking, Marinade Finance, outage report, performance degradation, rally, real time, restart, root cause, shorting, Social Media, SOL token, Solana, solana labs, super secure, Throughput, Upgrade, validator community, Validators, widely used

What do you think about the future of Solana and its ability to address these downtime issues? Despite these setbacks, do you think it has the potential to become the most widely used blockchain network? Share your thoughts in the comments 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.




Image Credits: Shutterstock, Pixabay, Wiki Commons

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 disclaimer

Articles You May Like

Ethereum Breaks $2,900, But Watch Out For Futures Overheating
Ripple Can ‘Burn’ 40 Billion XRP Locked In Escrow, CTO Reveals How
Ripple CEO Backs XRP ETFs, Says They Will Be “Certainly Welcome”
Ethereum Bullish Run: Analyst Eyes $4,500 After ETH Breached $3K
Ripple Vs. SEC Legal Dispute: Expert Speculates On April Conclusion