Home Latest News Network outages have been Solana's 'curse,' says co-founder – Cointelegraph

Network outages have been Solana's 'curse,' says co-founder – Cointelegraph

The high-speed smart contract platform has suffered full or partial outages at least seven separate times over the last twelve months.
Network outages continue to be the Solana network’s biggest challenge, according to its co-founder Anatoly Yakovenko.
Launched in 2020, the Solana network has suffered a number of network outages, which have come from a number of different congestion and spam events, according to Yakovenko.
In a Friday interview with Real Vision co-founder Raoul Pal, Yakovenko said the network outages had been Solana’s “curse,” but said the outages have resulted because of the network’s low-cost transactions. 
However, while the outages have “prevented users” from using the network, the Solana co-founder said the network itself hasn’t been compromised. He also argued that each blockchain is built differently and has its own “failure case.”
For example, Yakovenko noted that when the Bitcoin network block production halted for two hours in the past, it was still considered normal.
“[Bitcoin] is designed to be extremely resilient […] when a bunch of Chinese hash power shut down, there were times where there are two hours between blocks in Bitcoin. And that’s totally fine,” he explained, adding that the same production halt would be seen as a failure for Solana:
Solana was built to be a high transaction speed, low-cost smart contract platform, which processes “30 million transactions per day,” making it “more than all other chains combined,” said Yakovenko:
However, Yakovenko argued that the outages themselves aren’t entirely a bad thing “because all [of] these challenges are coming because we have users.”
“This is our biggest challenge, which is maybe the one that I like to have because of all these challenges that are coming because we have users on the chain on a daily basis,” he added. 
Related: Reliably unreliable: Solana price dives after latest network outage
Solana has suffered at least seven network outages since its launch in 2020, with five of them coming in 2022 alone. One of the longest production halts lasted up to 17 hours in September 2021.
Yakovenko said the network outages resulted from the validators not being able to process transaction loads at peak periods:
Among the most notable outages were caused by a denial-of-service attack caused by bots spamming the Raydium protocol in Sept. 2021, a seven-hour outage caused by bots on a nonfungible token (NFT) application in May 2022, and a code bug halting block production on the network in June this year.
The Solana token, SOL, is currently priced at $32, up 3.83% over the last 24 hours.


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She has spent the past eight years playing the role of an infrastructure consultant, and has now joined Inferse.com as a full time blogger. Her current profession is a result of her deep interest in computer gadgets, laptops, gaming accessories and other tech happenings.