Solana

Online

when

Read

<ul>
 <li>Solana recovers from a five-hour outage through a successful upgrade.</li>
 <li>VanEck’s Matthew Sigel attributes Solana downtime to BPF loader failure.</li>
 <li>Despite outages, Solana sees value surge post-FTX founder’s departure.</li>
</ul>
Solana, a prominent blockchain network, recently faced a <a href="https://www.reddit.com/r/CryptoCurrency/comments/1akdiek/solana_blockchain_is_live_after_5hour_outage/" target="_blank" rel="noopener noreferrer nofollow">five-hour outage</a>, marking its fifth-longest downtime in history. The disruption commenced around 09:53 UTC, impacting <a href="https://cryptonewsland.com/solana-experts-bullish-on-a-potential-surge-to-120-in-february/" target="_blank" rel="noopener noreferrer nofollow">Solana’s native token</a>, SOL, causing a more than 3% price drop. However, the network is now back online following a successful upgrade and restart orchestrated by validator operators.
This outage is the eleventh in the past two years for Solana, but despite these occasional interruptions, the network has demonstrated resilience. During the downtime, the engineering team swiftly addressed the issue by releasing a new validator software patch.
The head of digital asset research at <a href="https://www.vaneck.com/us/en/our-firm/investment-professionals/" target="_blank" rel="noopener noreferrer nofollow">VanEck</a>, Matthew Sigel, shed light on the cause of the outage, attributing it to a failure in the Berkley Packet Filter (BPF) loader. The BPF loader plays a crucial role in deploying, upgrading, and executing programs on the Solana network.
Sigel suggested that this failure might be linked to a prior SMID proposal, introducing an interceptor to prevent metadata usage in BPF. Notably, this metadata had become obsolete, leading to complications with the 0093 upgrade, resulting in an error.
The testing phase for the fix was already in progress when the error occurred on the live network. While a resolution was available, it had not been implemented for testing reasons. Some speculate that the error might have been manually triggered, leading to the temporary crash of the Solana network.
Despite these technical challenges, <a href="https://cryptonewsland.com/solanas-chart-points-to-bullish-revival-eyes-100/" target="_blank" rel="noopener noreferrer nofollow">Solana has seen a surge</a> in value. Notably, the network has garnered attention following the departure of FTX founder Sam Bankman-Fried, a significant supporter of the Solana ecosystem. The incident underscores the complexities and continuous improvements required in blockchain networks to ensure robustness and reliability.
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/solana-suffers-another-major-outage/" rel="noopener noreferrer nofollow">Solana Suffers Another Major Outage</a></li>
 <li><a href="https://cryptonewsland.com/uphold-back-online-after-outage-due-to-50x-spike-in-xrp-trading-volume/" rel="noopener noreferrer nofollow">Uphold Back Online After Outage Due to 50x Spike in XRP Trading Volume</a></li>
 <li><a href="https://cryptonewsland.com/the-cex-wars-have-started-which-exchanges-will-survive/" rel="noopener noreferrer nofollow">The CEX Wars Have Started, Which Exchanges Will Survive?</a></li>
 <li><a href="https://cryptonewsland.com/cryptoquant-can-btc-miners-survive-bearish-pressure/" rel="noopener noreferrer nofollow">Bearish Pressure Persist in Bitcoin (BTC) Market</a></li>
 <li><a href="https://cryptonewsland.com/what-sets-solana-apart-analyzing-its-path-to-1000-growth-potential/" rel="noopener noreferrer nofollow">What Sets Solana Apart: Analyzing Its Path to 1000% Growth Potential</a></li>
</ul>
The post <a href="https://cryptonewsland.com/solana-survives-five-hour-network-outage-will-users-come-back/" rel="noopener noreferrer nofollow">Solana Survives Five-Hour Network Outage, Will Users Come Back?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Solana Survives Five-Hour Network Outage, Will Users Come Back?

Crypto News Land

2024년 2월 7일에 게재된 다른 기사

DeFi Total Value Locked Hits $60 Billion – These Protocols Are Leading the Charge

CleanSpark’s Expansion: Cementing Its Position in the Bitcoin Mining Sector

Binance Plans Stake Sale in Korean Crypto Exchange GOPAX

Vet, XRP ledger validator, withdraws support for AMM activation

Bitcoin Price Faces Extreme Compression: Here’s What May Be Expected from the BTC Price Rally?

FTX Commits to Repay 100% of Customers’ and Creditors’ Claims

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!