BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

SOL Drops 6% as Solana Suffered Another Network Outage

SOL Drops 6% as Solana Suffered Another Network Outage
The Solana blockchain experienced yet another outage late on Friday, but it’s back online after getting restarted.
The protocol’s native cryptocurrency dropped by 6% daily as a consequence of the latest network outage.

The Solana Status Twitter page informed late last night about the network issues as it stopped processing transactions.
Shortly after, Stakewiz – an entity operating a validator node on Solana – provided more details, saying validators stopped voting at 22:41 UTC on September 30.
They also claimed that the network outage was not an issue in the network itself, and it should be able to handle it.
Although it’s not confirmed yet, it seems the problem lied with the creation of a duplicate block, which caused an obscure code path where validators were unable to switch back to the main fork.
The solution came from restarting the cluster from the last confirmed slot – 153139220. Once the stake threshold reached 80%, the restart was completed, and the network came back online.


All reports of resulting bank hashes and shred versions had the same values, after enough reports were received validators decided to proceed with starting at that point, then waiting for 80% of stake to come online.
— Laine stakewiz.com (@laine_sa_) October 1, 2022


It’s worth noting that this is far from the first time in which the Solana blockchain has gone down, even though the devs behind it published three steps on how this can be avoided a while back.
As with previous examples , though, the network going down had a similar effect on the native cryptocurrency. SOL declined by about 6% in the past 24 hours to way below $35.

The post SOL Drops 6% as Solana Suffered Another Network Outage appeared first on CryptoPotato .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ SOL Drops 6% as Solana Suffered Another Network Outage


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



Dokky PRO - Bookcase Shop Script