The Solana blockchain network experienced massive disruption in the hours coming up to press time. The current downtime is attributable to a known issue of increased bot usage, a plague that has afflicted the so-called “Ethereum killer” since its rise to prominence.
Solana’s mainnet beta network has struggled to handle increased adoption in recent months, with congestion often limiting the ease of user transactions. Network congestion has often kicked in during major NFT mints, with prospective buyers deploying bots to beat competition.
Block production on Solana Mainnet Beta has halted. Validator operators should prepare for a restart in mb-validators on Discord.
— Solana Status (@SolanaStatus) April 30, 2022
A further update from the Solana development team confirmed that the downtime was the result of an “enormous amount of inbound transactions” from NFT minting bots. Bots tried to push through up to 4 million transactions per second, an overwhelming attempt that shuttered validator nodes.
Solana Network Outage Fixed
Network validators have restarted the Solana network cluster following an estimated seven-hour outage. (recovery time significantly faster than a similar occurrence in September). Additionally, validators who implemented a temporary block on popular NFT minting programs like Candy Machine from Metaplex have lifted the restrictions.
Notably, the latest Solana outage did not result in a permanent halt to the network as in the past. However, the severity of spam transactions means that only a few validators with high compute capacity are still online. Hence, a cluster restart is required to bring all validators back to speed and get the network in full flow.
The latest downtime has resulted in SOL, native coin dropping from around $96 to $82.50 with the hours leading up to press time.
Update: This article was updated to include news that Mainnet Beta is back online following a cluster restart.
Your crypto deserves the best security. Get a Ledger hardware wallet for just $79!
Information found on this website is those of the writers quoted. It does not represent the opinions of Coinfomania on whether to buy, sell, or hold any investments. Readers must conduct their own research before making any investment decisions. Use the provided information at your own risk.