Key takeaways:
- System issue reports state that the Solana network came to a sudden stop, preventing the network validators from processing transactions or advancing blocks.
- The Solana blockchain typically produces blocks in 400 milliseconds, but users on social media began to note that it had been more than 25 minutes since the last block.
System issue reports state that the Solana network came to a sudden stop, preventing the network validators from processing transactions or advancing blocks. It is still unknown what the precise technical cause was for Solana’s most recent stop.
Nevertheless, alarms were raised on Tuesday morning UTC when validators noted a sharp decline in the network’s capacity to settle transfers and validate new blocks.
The block production on the Solana mainnet is now suspended, and core engineers and validators are actively looking into the matter. A “major outage” was flashed on the mainnet by the Solana blockchain explorer, confirming the outage.
The Solana blockchain typically produces blocks in 400 milliseconds, but users on social media began to note that it had been more than 25 minutes since the last block.
The validator from Solana Developers is producing an update with a remedy right now, according to Stakewiz. After it is constructed and tested, validators will receive more instructions.
Additionally, Stakewiz noted that while core engineers are getting ready for the release, validators have started to create snapshots based on their local ledger state in order to be prepared for a restart.
The snapshots for slot 246464040 are now being produced by validators, who also ensure that the bank hash here is consistent.
Jito-Solana release is also available; validators will be restarting the Mainnet-Beta cluster with version 1.17.20. No discrepancies in the state have been discovered, and validators are waiting for the core engineers’ final approval before moving further.
The global Solana state at a particular time point is represented as a snapshot. This latest slot, which has been examined by all validators, is the last one to be optimistically affirmed. The validators utilize this slot to make sure no transactions are rolled back even though a supermajority has confirmed it.
In addition, Solana published version 1.17.20 and requested validators to update and relaunch using the GitHub guide supplied.
Crypto exchanges are already feeling the effects of the Solana network outage. Upbit has announced that it will stop accepting deposits and withdrawals of tokens that are based on the Solana network, including GMT (GMT), Raydium (RAY), Access Protocol (ACS), and Solana itself.
The Solana blockchain has experienced network outages and block production pauses before. Since its inception, the network has seen numerous outages; this one will be the twelfth in the past two years.
