Solana

The Solana blockchain experienced a significant outage, halting all block production on its mainnet-beta since 10:22 UTC, February 6th. Engineers and validators across the Solana ecosystem are currently in a frantic race against time to resolve the issue that has temporarily brought the network to a standstill.The outage was first acknowledged through an official communication by the <a href="https://solana.com/" rel="noopener noreferrer nofollow">Solana</a> team, stating that all hands were on deck to investigate the root cause of the stop-in block advancement. The Solana Blockchain Explorer confirmed the severity of the situation by marking it as a “major outage.”<h2 id="header-0">After Effects</h2>This disruption has not gone unnoticed, with social media platforms buzzing about the inability of the blockchain to generate a block after 25 minutes, a significant delay considering Solana’s touted block creation time of just 400 milliseconds.In response to the crisis, Stakewiz, a noted Solana validator, revealed that developers are hastily working on a fix. There is a concerted effort to prepare a version that addresses the outage, with further details to be shared upon readiness. Meanwhile, validators are taking proactive steps by creating snapshots of their local ledger state, gearing up for a network restart.The ripple effects of the outage have extended to cryptocurrency exchanges, with Upbit <a href="https://x.com/WuBlockchain/status/1754815156436316196?s&#61;20" rel="noopener noreferrer nofollow">announcing</a> a temporary halt on the trading of Solana-based tokens, including SOL, GMT, RAY, and ACS.

Solana Blockchain Faces Yet Another Outage

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