The events of the past twenty-four hours have been nerve-wracking, as some platforms in the blockchain world have suffered differing issues.
For starters, Solana has suffered a denial-of-service disruption, which has reduced the trust that the community has in it, thereby making the rising star shed some of its value.
A notable Twitter account, Solana Trust, made an announcement, “Solana mainnet-beta is experiencing intermittent instability. This began approximately 45 minutes ago, and engineers are investigating the issue. Resource exhaustion in the network is causing a denial of service, engineers are working towards a resolution. Validators are preparing for a potential restart if necessary.”
The mainnet beta suffered from a serious hiccup, which affected the functioning of the platform.
Solana Status went on, hours later, to state that the reason for this issue was a rapid skyrocketing of the transaction load in the platform to 400,000 per second, which forced the network to start forking.
In its Tweet, Solana Status stated, “Solana Mainnet Beta encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging caused the network to start forking.”
As the forking continued, the nodes were forced to go offline, and this was noted in the continuation of the Tweet, “This forking led to excessive memory consumption, causing some nodes to go offline. Engineers across the ecosystem attempted to stabilize the network, but were unsuccessful.”
To solve the issue, the validator community decided that it was important to restart the network. Solana Status noted this in its tweet,
“The validator community elected to coordinate a restart of the network – the community is preparing a new release, and instructions will be posted in Discord.”
Ethereum was not left out of the drama in the last 24 hours, as someone tried to hack it. According to a developer with Ethereum, Marius Van Der Wijden,
“Someone unsuccessfully tried to attack #ethereum today by publishing a long (~550) blocks which contained invalid pow’s. Only a small percentage of @nethermindeth nodes switched to this invalid chain. All other clients rejected the long sidechain as invalid.”
Luckily, the attack wasn’t successful. The developer went on to state that the order has been returned, and a reason for the failure of the attack was diversity.
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