Community Trust ScoreVerified
Solana network on Tuesday expressed that their mainnet was down due to resource exhaustion. Despite the outrage SOL did hold steady.
Solana Status: The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25. Dapps, block explorers, and supporting systems will recover over the next several hours, at which point full functionality should be restored.
Community response: It’s the crash we had to have. Still backing SOL as it’s an awesome project.
What is not stated is that the POS chain was safe and secure the entire time. People’s Funds were always safe. The POH mechanism got overloaded at 400k TPS BC. Raydium IDO lottery where cheaters used bots to win. This messed up POH mechanism and caused issue. That is why you have BETA testnet.
Can you please point me a link where we can fact-check those 400k TPS? Much appreciate it.
Thank you for everyone who solved the issues tirelessly. Question is: what is the risk mitigation plan when this 500k TPS bot bombard again next time? Are we ready for this? Because good products always invite big crowd.
The question is how can Solana restart blockchain just like that? Isn’t it that crypto should be decentralized, well at least good projects? We should all appreciate ETH and XTZ and now also ADA for what they stand for.
At current usage rate, Solana already can’t run on a validator with 128GB RAM and 12 cores. And nobody can build a machine that can sync from genesis any longer, so the entire chain can no longer be independently verified. This is not what crypto is supposed to be.
RIP SOL. Fatal flaw exposed and now will never be looked at the same. EOS and SOL will be talked about together a lot in the future when historians analyze the failures of all of the various ETH killers. Bag holders might want to get their money out before the VC money unlocks.
Wow 400.000 TPS. No system can withstand this giant number of transactions. Seems they found a solution to fix the issue. This is bullish for Solana in the long run. Short term fluctuations possible.
ADA made last week on Testnet 1 transaction per 20 seconds. Long way to go for ADA.
This is ridiculous are you guys developing traditional systems? You aren’t supposed to restart anything. This is serious for god sake. It’s called coordination with validators, like every update on bitcoin protocol and miners.
