Solana

Solana hit by another network incident resulting in degraded performance

Solana hit by another network incident resulting in degraded performance

The Solana blockchain suffered a third incident in just a few months that clogged the network and caused transactions to fail, with users wondering if it was caused by another Distributed Denial of Service (DDoS) attack or if it It was just network issues.

The scale and nature of the incident is difficult to determine, with Coinbase, Wu Blockchain, and Redditors reporting that an incident caused the network to slow down and transactions to fail. However, Solana Labs co-founder Anatoly Yakovenko denied that there was any DDoS on this occasion.

The latest incident comes less than a month after a previous attack revealed the network was clogged with mass bots due to another initial DEX offering on the Solana-based decentralized exchange Radium.

According to Wu Blockchain, the Solana network went down for about four hours early Tuesday morning UTC time following an apparent DDoS attack. Solana.Status shows that the network was fully operational with 100% availability during this time.

A post on the r/CryptoCurrency group on Reddit on Tuesday also shared several screenshots of Solana (SOL) users reporting issues with failed SOL transactions at the time of possible DDoS and network downtime. Coinbase too provided an incident report within the last 24 hours of “degraded performance” of the Solana network that resulted in SOL withdrawals failing on the crypto exchange.

“That’s why you don’t use a service’s own status page to draw conclusions, especially if it masquerades as a decentralized blockchain, but in reality is just a glorified database” , wrote Redditor u/Set1Less.

But other users responding to the r/CryptoCurrency post in the r/Solana community questioned the validity of the claims, with u/NiftyMufti stating:

“So instead of echoing the opinions of random people, why don’t you show the charts? A DDoS attack and downtime would have shown up in block explorers. I don’t see any signs like that . Prove me wrong. At what times and in what time zone was this supposed to have taken place?”

Yakovenko echoed as such on Twitter on Tuesday, noting that the network issues were not related to a DDoS and were just the “pain of bringing a new runtime to market.”

In a separate Twitter thread, Yakovenko also declared that the “cost model for the calculation is always a [little] The real wacky solution to this problem is found in version 1.9, where TXs have to specify all the resources they use in advance.

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In an interview with Cointelegraph on Dec. 22, Austin Federa, head of communications at Solana Labs, said that the developers are currently working to resolve network issues, particularly with regards to improving transaction measurement.

“The Solana runtime is a new design. It does not use EVM [Ethereum Virtual Machine] and a ton of innovation has been done to make sure users have the cheapest fees possible, but there’s still work to be done on runtime,” he said.