Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix
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Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix

THELOGICALINDIAN - According to letters on amusing media crypto forums onchain metrics and the Solana Status Twitter annual announce that Solanas blockchain has adjourned Solana mainnetbeta suffered a fourhour blow and is still bottomward afterwards a abstruse glitch

** Editor’s Note: At 3:30 p.m. (EST) on Sept. 14, 2021, this column was adapted with a annual accounting by the Solana Status Twitter account. At the time of update, Solana’s issues still persist and the association is advancing a fix.

Solana’s Network Stalls

In contempo times, solana (SOL) abutting the top ten crypto assets by bazaar appraisal and today, SOL’s bazaar cap position is the seventh-largest. At the time of writing, SOL has been exchanging easily for $159 per assemblage and is bottomward 2.8% during the aftermost week.

On September 14, the agreement suffered an absurdity and at the time of writing, the alternation chock-full for a absolute of four hours so far, as the abeyance is still ongoing. On Tuesday, the Twitter annual Lido Finance tweeted:

Lido Finance additionally told its Twitter followers to chase the ‘Solana Status’ Twitter annual for added information. “Solana mainnet-beta is experiencing alternate instability,” the Solana Status annual detailed in a affianced Tweet. “This began about 45 account ago, and engineers are investigating the issue.”

Solana applications like explorer.solana.com have been announcement absurdity letters like: “There was a botheration loading array stats,” and accepted SOL wallets like Phantom accept had affiliation issues.

Estimates Say Solana Block Production Could Take a While

Some accept said that the fix could booty anywhere amid 24 hours to 48 hours to fix the issues. “With affairs actuality filtered out, and declining commits, and validators charge to advancement and deploy… Will booty about 24-48 hrs to fix,” the Twitter annual alleged ‘bruce.codes’ explained.

In addition tweet, ‘bruce.codes’ wrote that a “Solana fix [is] actuality deployed in v1.6.23.” The Solana Status Twitter annual additionally added to the account’s antecedent abeyance cheep and said:

Solana now joins the account of networks that accept adjourned by declining to aftermath blocks. For instance, aback in February 2020, the IOTA blockchain was down for added than 11 days. The EOS blockchain has had issues with block assembly as well. Cardano has had issues with block assembly in the past and Solana had problems with block production in December 2020.

Furthermore, while Solana managed to knock XRP bottomward a notch in contempo times, XRP has already afresh managed to re-capture the sixth-largest bazaar assets worldwide. At the time of writing, XRP is a blow over $3 billion advanced of solana’s (SOL) all-embracing valuation.

** At about 3:12 p.m. (EST) the Twitter annual alleged Solana Status tweeted about the advancing affair one hour afterwards this commodity was published. “Solana Mainnet Beta encountered a ample access in transaction amount which ailing at 400,000 TPS,” Solana Status tweeted. “These affairs abounding the transaction processing queue, and abridgement of prioritization of network-critical messaging acquired the arrangement to alpha forking.”

The Twitter annual added:

What do you anticipate about the problems the Solana blockchain has been adverse on Tuesday? Let us apperceive what you anticipate about this accountable in the comments area below.

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