Following six-hour outage, Solana draws criticism and support

Yesterday, a virtually six hour community outage from Solana, a layer-one blockchain recognized for its excessive throughput, drew each jeers and help from merchants and builders throughout the good contract house. 

“At roughly 1:46pm UTC on December 4th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed,” a dwell replace weblog submit from Solana reported.

The outage lasted roughly 5 and a half hours earlier than over 200 Solana community validators, representing over 80% of the stake weight of the community, efficiently initiated community restart directions and commenced producing blocks once more.

“We want to thank the passionate and diligent international community of validators who recognized this problem and coordinated to restart the community,” stated the Solana group.

A autopsy on the community interruption is forthcoming.

Solana’s founder and CEO, Anatoly Yakovenko, has beforehand stated that he embraces competitors between layer-one protocols, and that it could possibly assist to breed “excellence.” Solana’s SOL token is up over 5% to $1.97 on a 24-hour foundation, following a dip yesterday the place the token bottomed at $1.85.

Critics throughout the Ethereum neighborhood, in addition to different layer-one rivals, have been fast to put into Solana’s troubles on Twitter yesterday.

One observer observed that trades on Serum, the Solana-native decentralized trade constructed by centralized trade FTX, had processed few BTC trades within the hours after the interruption, implying that there was little demand for the providers past buying and selling “bots:”

For his half, Sam Bankman-Fried, the CEO of FTX, appeared to take the jostling in stride:

Nevertheless, not everybody throughout the good contract house took the chance to pile on the troubled layer-1 protocol. 

Hudson Jameson, a researcher on the Ethereum Basis, praised the Solana group for his or her “fast response and immediate restoration,” noting that Ethereum has skilled its justifiable share of “community emergencies.”

One other Ethereum Basis alumni, Nick Johnson, additionally identified that with Ethereum 2.0 mired within the lengthy technique of rolling out, it might be clever to withhold bullying: