Cryptocurrency

Co-Founder Of Solana Speaks On Blockchain Outage And Reliability Issues

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Solana is one of the trending blockchains. It emerged to offer similar operations as Ethereum while improving on some of its faults. The notable feature of SOL is its fast processing capacity, as the network claims to process over 65,000 transactions per second. Also, it offers high scalability, among other functionalities.

Throughout this year, Solana displayed several reliability issues and outages. The network has suffered up to 10 partial or complete outages in 2022 and some slow block times.

Anatoly Yakovenko, the co-founder of Solana, has responded to the reliability issues of the blockchain. The co-founder spoke during the Breakpoint 2022 annual conference in Lisbon, Portugal.

Yakovenko highlighted Solana’s past and future regarding the recent difficulties of the blockchain. He noted that the issues over the past year have been on the reliability of the blockchain.

Solana Suffered Several Partial And Full Outages

According to the blockchain status reporting, SOL has suffered about ten partial or complete outages. The prominent issue occurred between January 6 to 12, 2022, as it witnessed partial outages and degraded performance lasting 8-18 hours. The recent problem on the network, called a ‘major outage,’ was on October 1 and lasted for 6 hours.

Also, the reliability report indicated that the blockchain suffered from a clock drift between late May and the beginning of June. This manifested through the network having longer than average slots times (or the block times).

The block time is the interval it takes a validator to send a block to the SOL chain. Hence, Solana’s time differed from the real-world time during the clock drift.

Usually, the ideal slot time for Solana is 400 milliseconds. But, according to Yakovenko, the situation for the blockchain went drastically wrong in June. The block time deviated to more than a second, creating a languid pace for SOL. The co-founder mentioned that in some cases, the confirmation time for the blockchain even rose to 15 to 20 seconds.

Yakovenko noted that the clock drift issues cut down the standard of Solana’s experience. In addition, he stated that the time difference is even worse for a Web2 experience concerning their competition with giant firms like Google, Facebook, and others.

Solutions To Solana’s Performance Issues

The co-founder of Solana mentioned how the network moved toward resolving its performance issues. He cited the recent update and the validator count doubling over the past year played some roles.

Co-Founder Of Solana Speaks On Blockchain Outage And Reliability Issues
Solana price tanks by 2% on the chart l SOLUSDT on Tradingview.com

Yakovenko reported that they are always trying to control issues on performance, security, decentralization, throughput, and others. He mentioned that when a part of an issue is handled, it could trigger others. However, he said that they’ve tried to strike a balance in improving most of the challenges on the blockchain.

Additionally, the co-founder stated that there are still challenges with bugs and outages. But he believes that the solution to outages would come through the blockchain collaboration with Jump Crypto. The Web3 development firm is meant to facilitate the building of Solana’s scaling solution tagged Firedancer.

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