Because the Solana community suffered one other setback, crypto neighborhood members went on social media to precise numerous considerations, even evaluating the blockchain to different tasks like Ethereum and Bitcoin.
On Feb. 25, the Solana community confronted efficiency degradation points, leading to transaction disruptions, main validators to go for a community restart. Seemingly uninterested in the identical outdated story, members of the neighborhood expressed themselves on Twitter, with some even questioning Solana’s (SOL) rank as a high cryptocurrency.
Amid the community points, nonfungible token (NFT) artist Crypto Tea raised a query on how the Solana blockchain made it to the highest 10 checklist whereas having such efficiency points. She tweeted:
Solana is down for a co-ordinated restart
A tech problem was throttling transactions and the blockchain began to unexpectedly fork
How is that this pos within the high 10 crypto checklist?
— Crypto Tea (@CryptoTea_) February 25, 2023
Responding to the tweet, Solana Cellular developer Andrew Watson stated that they selected “safety over liveness” and identified that they’re “in it for the lengthy haul.” In replying to Watson, one other neighborhood member raised different considerations, similar to placing decentralized finance protocols vulnerable to insolvency.
Other than these, different neighborhood members began to match Solana to Ethereum and Bitcoin. A neighborhood member highlighted in a Twitter thread that Ethereum went with the sluggish however certain route, whereas Solana selected to maneuver quick whereas generally breaking. The Twitter consumer stated that whereas Solana’s strategy is riskier, it additionally paves the best way for sooner innovation.
In the meantime, a Bitcoin supporter additionally pointed out how Bitcoin (BTC) by no means wants a restart within the midst of Solana’s community points.
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On Feb. 27, the Solana Basis printed a brand new replace concerning the problem. In line with the staff, the Solana Mainnet Beta was efficiently restarted on Feb. 26, and “no confirmed consumer transactions have been rolled again or impacted.” Nevertheless, the staff highlighted that, for the time being, the basis reason behind the issue stays unknown and remains to be below investigation.
The Solana blockchain has met some notable outages by way of the years. In Sept. 2021, a significant outage was brought on by a denial-of-service assault by bots spamming Raydium. On Might 2022, bots invaded the community, inflicting a 7-hour outage. In June 2022, a consensus failure resulting from a bug brought on one other outage, driving SOL’s worth down.