The issue is linked to the upgrade from 1.13 to 1.14, which slowed block finalization. The Solana network is currently restarting, and to resume operations is necessary 80% of active stake online:
"As more validators complete their restart this number will rise in line with the amount of stake they have delegated: this means larger validators such as CEX have an outsized impact on restart times." A solution to the incident was discussed among Solana's validators during a few hours following the issue. Infrastructure provider Chorus One noted in a Tweeter that the incident"demonstrated how genuinely decentralized the network is." Chorus One continued:
"Without all these debates, we would be back up in an hour. But, every decision along the way - whether to downgrade, whether to restart, when to switch from downgrade approach to restart approach - is debated. Voting happens. We end up taking 8-10 hours to recovery, instead of 1." Solana is an open source layer-1 blockchain. Its third-generation network architecture is designed to facilitate smart contracts and
After SOL 🚀🚀🚀
What kind of blockchain is this!!! & they promoted themselves as ETH killer! 🤣🤣🤣 Lawda ka ETH killer! 🤣
The technical issue started around 6:00 am UTC, leading validators to downgrade to version 1.13 to restore transactions in the network. The downgrade, however, was not enough to restore Solana to normal operations, forcing the decision to restart the network on v1.13.6.
The usual… 🤦🏾♂️
looooooooooool
solana
It is encouraging to see the Solana team actively working to address the issue. Hopefully, the network will be up and running smoothly soon
Hope FTX will not ruin this coin
Neloangelo314 👀
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