BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

Solana Mainnet is Offline, Again

by Abimbola Adu
Oct 1, 2022 - 12:00 am
in Blockchain
Solana Mainnet is Offline

On October 1, Solanastatus, a Twitter account that monitors the Solana network and website, reported that the platform is down and not executing transactions. The handler also stated that developers from various parts of the ecosystem are attempting to identify the problem and restart the network.

The Solana network is experiencing an outage and not processing transactions. Developers across the ecosystem are working on diagnosing the issue and to restart the network. More information will be provided as it becomes available.

— Solana Status (@SolanaStatus) October 1, 2022

According to Solana validator Laine’s sequence of tweets, a misconfigured node resulted in an irreversible partition in the network. A validator was running two instances of the validator, which made it difficult for validators to reach a consensus.

This network outage appears to be a frequent issue, and many users have identified it as the platform’s most difficult hurdle. Several network disruptions have occurred since the project’s inception two years ago. In April of this year, the network was down due to “stalled consensus.” A runtime flaw in June caused an unsuccessful transaction to be processed twice. 

When questioned, Solana’s founder, Yakovenko, cited these challenges as a sign of widespread usage by crypto enthusiasts. Nevertheless, some people who are not pleased with the ongoing problem disagreed with him, saying that the “Ethereum killer” was not up to par.

The PoH (Proof-of-history) model is used by the Solana network, which is an enhanced PoS model. Nonetheless, they continue to use blockchain validators. Yakovenko bragged that their technology had extremely fast transaction speeds, executing over thirty million transactions daily. He went on to say that the network outage was caused by validators that were unable to execute transaction loads during busy hours.

However, these issues have proved detrimental to the network. Solana’s valuation has fallen this year with numerous swings as the days pass. Surprisingly, the Solana network has surpassed Ethereum in daily transactions. It is unknown whether this will aid in overcoming network issues.

For the more recent issue, the Solana team restarted the mainnet. Validators are getting the network back up and running while engineers focus on fixing the underlying problem.

Here’s what users think of Solana:

Tags: SOLSolana
Abimbola Adu

Abimbola Adu

Abimbola Adu is a crypto content writer with a background in English studies. She is keen on enlightening others about cryptocurrency and blockchains. She enjoys writing poems and spending time with family.

Related Posts

Exterior view of the Czech National Bank building in Prague, symbolizing the institution’s financial strategies and innovation.

Bank of England Governor Says Stablecoins Could Reduce Reliance on Banks

October 1, 2025

Andrew Bailey says stablecoins could reduce UK reliance on commercial banks by separating money from credit, signaling a...

blockchain

Spacecoin Executes First Blockchain Transaction Through Space

October 1, 2025

Spacecoin has achieved the first-ever blockchain transaction through space using a nanosatellite, marking a milestone for decentralization and...

The headquarters of the Autorité des Marchés Financiers (AMF) Investor in Paris, France, the regulatory body warning investors against ByBit.

French Officials Pressured Telegram to Censor Moldova Election Posts: Durov

September 28, 2025

Pavel Durov revealed French intelligence pressured Telegram to censor Moldova election content in 2024, which he refused, citing...

Wall Street financial district with Bitcoin symbol representing institutional adoption

Bitcoin skepticism fades as nations gear up for adoption, says Samson Mow

September 28, 2025

Samson Mow predicts nation-states will move from skepticism to rapid Bitcoin adoption, fueling global FOMO and a rush...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service