Solana Suffers 5th Outage in 2022, SOL Dives

Solana Suffers 5th Outage in 2022, SOL Dives
Source: AdobeStock/ JorgeEduardo

The Solana (SOL) blockchain suffered its 5th outage of 2022 on Wednesday after the production of brand-new blocks on the network stopped due to an agreement failure.

The blockchain went offline at 16:55 UTC and resumed block production at 21:06 UTC, after more than 4 hours, according to the main event report

Solana’s native token SOL plunged throughout the outage, diving by as much as 14% at one point. At 7:31 UTC, the 9th coin by market capitalization is trading at USD 39.84, down by more than 11% over the previous 24 hr and almost 17% in a week. Notably, the coin is down by 85% compared to its all-time high of USD 259 taped in November 2021, according to CoinGecko.

Solana Suffers 5th Outage in 2022 SOL Dives
SOL 7-day rate chart. Source: coingecko.com

Meanwhile, a bug that caused agreement failure was the offender, according toSolana Status

“Earlier today a bug in the resilient nonce deals include caused nondeterminism when nodes created various outcomes for the very same block, which avoided the network from advancing,” Solana Status stated

Durable deal nonces are “a system for navigating the common brief life time of a deal’s block hash,” according to the authorities Solana documents

A bug in the system triggered part of the network to think about a block void, avoiding an agreement amongst validators, Solana Labs co-founder Anatoly Yakovenko discussed in a tweet

Meanwhile, according to the Solana uptime tracker, the network has actually experienced 5 blackouts up until now this year and an overall of 7 because September 2021, when it suffered an 18-hours long network outage as the outcome of an enormous boost in deal load.

Solana’s worst outage up until now was in early January this year– this one lasted from January 6 to 12. The network likewise saw another outage in late January and had a 96.4% uptime throughout the month.

And simply last month, the Solana blockchain suffered an outage brought on by bots attempting to trade non-fungible tokens (NFTs) on the network.

While Solana blackouts are no longer unusual, there was still a reasonable quantity of reaction originating from the neighborhood. “Get it togetherSolana We need to be previous this currently. I’m huge follower however I’m even questioning at this moment,” one Twitter user stated

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