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Home Crypto

The Solana network went down for seven hours

by Baisakhi Mishra
May 3, 2022
in Crypto, News
Reading Time: 2 mins read
0
The Solana network went down for seven hours between Saturday and Sunday. The network was clogged by four million transactions per second or 100 gigabits per second.

Image Source: Coincu News

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The Solana network went down for seven hours between Saturday and Sunday. The network was clogged by four million transactions per second or 100 gigabits per second. Solana went dark around 8:00 p.m. UTC on Saturday and did not reopen until 3:00 a.m. UTC on Sunday.

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The Solana network went down for seven hours between Saturday and Sunday

The Solana network went down for seven hours between Saturday and Sunday. The network was clogged by four million transactions per second or 100 gigabits per second.
Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images)

The Solana network experienced a seven-hour interruption between Saturday and Sunday due to a large number of transactions from the nonfungible token (NFT) minting bots.

A record-breaking four million transactions, or 100 gigabits per second, clogged the network, pushing validators out of consensus and forcing Solana to go dark at about 8:00 p.m. UTC on Saturday.

Validators were unable to effectively restore the main network until 3:00 a.m. UTC on Sunday, seven hours later.

Validator operators successfully completed a cluster restart of Mainnet Beta at 3:00 AM UTC, following a roughly 7 hour outage after the network failed to reach consensus.

Network operators an dapps will continue to restore client services over the next several hours. https://t.co/ezqEYQYKWl

— Solana Status (@SolanaStatus) May 1, 2022

The bots hoarded Candy Machine, a popular tool used by Solana NFT initiatives to initiate collections. Metaplex revealed in a Twitter post that traffic from bots on their app was partially to blame for the network outage.

The Solana network experienced network congestion and interruptions due to high transaction volume. After Monday’s trading session, the price of SOL fell by about 7% before recovering to slightly over $90.

Today #Solana mainnet-beta went down partially due to botting on the Metaplex Candy Machine program. To combat this, we have merged and will soon deploy a botting penalty to the program as part of a broader effort to stabilize the network. https://t.co/QaAZT3VxXz

— Metaplex (@metaplex) May 1, 2022

According to Solana’s status reporting, this is the seventh time this year that the company has been disrupted. Between January 6 and 12, 2022, the network had issues that resulted in partial outages spanning 8 to 18 hours.

According to Solana, “intensive compute transactions” decreased network capacity to “a few thousand” transactions per second (TPS), much below the 50,000 TPS target.

Later that month, on the 21st and 22nd, over 29 hours of downtime were reported, with several duplicate transactions generating network congestion and outages on the blockchain.

Solana was the second network to encounter considerable transaction activity tied to NFTs over the weekend. Because to Yuga Labs’ release of 55,000 NFTs, the average Ethereum transaction cost jumped to over $450, with some users spending up to 5 Ether (ETH), or $14000, in gas fees for transactions and much more to mint one of the NFTs.

If you find this article informative then do not forget to share it with your friends and family! Let us know in the comment section below what are your thoughts in the comment section below.

Also read: Banco Galicia has added the ability to buy and sell cryptocurrencies

Tags: #Solana
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