Network outages continue being the Solana network’s greatest challenge, based on its co-founder Anatoly Yakovenko.
Launched in 2020, the Solana network has endured numerous network outages, that have originate from a variety of congestion and junk e-mail occasions, based on Yakovenko.
Inside a Sept. 2 interview with Real Vision co-founder Raoul Pal, Yakovenko stated the network outages have been Solana’s “curse,” but stated the outages have resulted due to the network’s low-cost transactions.
“Which has been, I suppose, our curse, but it is since the network is really cheap and fast there are enough users and applications which are driving that.”
However, as the outages have “prevented users” by using the network, the Solana Chief executive officer stated the network itself hasn’t been compromised. He also contended that every blockchain is made differently and it has their very own “failure situation.”
For instance, Yakovenko noted that whenever the Bitcoin network block production stopped for 2 hrs previously, it had been still considered normal.
“[Bitcoin] is made to be very resilient […] when a lot of Chinese hash power shut lower, there have been occasions where you can find two hrs between blocks in Bitcoin. And that’s totally fine,” he described, adding the same production halt could be seen as an failure for Solana.
“If there’s two hrs between blocks in Solana, the network’s dead because it’s designed to create a block every 400 milliseconds.”
Solana was one that is a higher transaction speed, low-cost smart contract platform, which processes “30 million transactions each day,” which makes it “more than other chains combined,” stated Yakovenko
“Once you are making a quicker network, the failure situation differs from one on something similar to Bitcoin or Ethereum.”
However, Yakovenko contended the outages themselves aren’t entirely a poor factor “because all [of] these challenges are coming because we’ve users.”
“This is our greatest challenge, that is maybe the one which I love to have due to each one of these challenges which are coming because we’ve users around the chain every day,” he added.
Related: Reliably hard to rely on: Solana cost dives after latest network outage
Solana has endured a minimum of seven network outages since its launch in 2020, with five of these arriving 2022 alone. Among the longest production halts lasted as much as 17 hrs in September 2021.
Yakovenko stated the network outages resulted in the validators the inability to process transaction loads at peak periods:
“I think many people have experienced ten million packets per second being posted to some validator. And when there is a bug in any kind of individuals validators where memory grows really […] rapidly, that validator could shut lower.”
One of the most notable outages were the result of a denial-of-service attack brought on by bots spamming the Raydium protocol in Sept. 2021, a seven-hour outage brought on by bots on the nonfungible token (NFT) application in May 2022, along with a code bug halting block production around the network in June this season.
The Solana token, SOL, is presently costing $32, up 3.83% during the last 24 hrs.
