Solana’s Outage Lasted 17 Hours. What Does This Mean for Decentralization?

Solana’s Outage Lasted 17 Hours. What Does This Mean for Decentralization?

Aidan Mott, research analyst at Messari, discusses Solana’s network restart that resulted in the blockchain going dark for 17 hours earlier this week. Show highlights:

  • when Solana validators noticed something was wrong and how they responded
  • what initial dex offering (IDO) caused the network to be flooded with transactions
  • how a surge in bot transactions pushed validators to decide to restart the network
  • how Solana’s outage compares to similar incidents on other chains
  • why the Solana community was most likely not surprised by the 17-hour restart
  • how Solana validators and the Solana Foundation coordinated the network restart
  • how Solana Labs CEO Anatoly Yakovenko communicated with the community during the outage
  • whether Solana is still vulnerable to a similar flood of transactions
  • what the network restart means in terms of Solana’s centralization
  • why Solana validators running the same client could be an issue

Check Out the Related Article

In addition to the analysis from Aidan, I did an interview with a Solana validator about his experience of the outage, and his concerns for the network going forward. Check out “The Experience of One Validator: What Happened During Solana’s 17-Hour Outage?” in my Facebook Bulletin newsletter here — and subscribe today!

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     

Digital Asset Research: https://digitalassetresearch.com  

Sorare: https://sorare.com      

Episode Links

Aidan Mott

  • Twitter: https://twitter.com/KidKrypt0
  • LinkedIn: https://www.linkedin.com/in/aidan-mott-77665267/ 

Messari

  • https://messari.io/

Solana Outage

  • The Block’s coverage

    • https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage
    • https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability
  • CoinDesk coverage

    • https://www.coindesk.com/markets/2021/09/14/solana-validators-ready-potential-restart-amid-blockchain-outage/ 
  • Decrypt coverage

    • https://decrypt.co/81004/solana-back-online-following-downtime-network-restart 
  • Why the mainnet went down

    • https://twitter.com/buffalu__/status/1437792673784549383 
  • Potential ramifications

    • https://twitter.com/CometShock/status/1437870278684590091
  • Neha Narula tweet

    • https://twitter.com/neha/status/1438487308433494022 
  • Solana Status — the Twitter account that sent information out on the state of the network

    • https://twitter.com/SolanaStatus
  • Anatoly Yakovenko Solana outage tweets

    • https://twitter.com/aeyakovenko/status/1437887482897518595
    • https://twitter.com/aeyakovenko/status/1437784552324358155
    • https://twitter.com/aeyakovenko/status/1438496595360862215
    • https://twitter.com/aeyakovenko/status/1438465508412739588
    • https://twitter.com/aeyakovenko/with_replies

The post Solana’s Outage Lasted 17 Hours. What Does This Mean for Decentralization? appeared first on Unchained Podcast.

About Post Author

admin

Https://www.zappa.skZappa sro: Poctivé Betónové | Szamba betonowe Siedlce | meble kuchenne prowansalskie warszawa