Solana Blockchain Experiences Technical Error Causing Transaction Slowdown – Altcoins Bitcoin News

by James · February 25, 2023

Solana’s smart contract token network experienced a technical failure on Saturday, February 25, 2023, known as a “major fork event”, which caused transaction errors for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block termination.

Table of Contents

Solana Blockchain Agrees “Large Forking Event”

Saturday approx. At 6:37 UTC, the Solana blockchain experienced reduced functionality, and users reported a significant slowdown in block completion, along with some transaction errors. Solblaze, the liquid venture pool, reported that while Solana did not stop block production completely, it did experience a slowdown due to a fork.

Solblaze tired that “Solana is currently operational” despite a major forking event on the mainnet beta that has caused validators to slow down while trying to resolve forks. The account said the network confirmed blocks at a rate of around 16 transactions per second. Validator operators and Solana engineers work together to identify the root cause. In addition Solblaze mentioned that “validators start rolling back from v1.14 to v1.13.”

A coordinated reboot is underway to resolve an issue during the upgrade from 1.13 to 1.14 that caused block completion to be significantly slower.

Validators: follow the instructions below

— Solana Status (@SolanaStatus) 25 February 2023

The Solana Status Update website contains similar information, referring to the problem as “cluster instability.” It indicated that Solana engineers are investigating slow root production on the mainnet beta and that a coordinated reboot was launched “to resolve an issue during the upgrade from 1.13 to 1.14 that caused a significant slowdown in block completion.”

The Solana Status page contains a document link that provides validators with instructions on how to proceed with the restart. Essentially, validators were required to take a snapshot on track 179526408, modify validator command lines, install the previous version 1.13.6, and then restart the validator. Solana’s latest problems are reminiscent of the problems the blockchain faced last year, including several block production shutdowns.

Tags in this story

Altcoins, block completion, block production, blockchain, blockchain technology, cluster instability, command lines, cryptocurrency, cryptocurrency market, decentralized finance, DeFi, digital currency, digital wallets, engineers, Ethereum, forking event, mainnet beta, power outage, root production, brakes, Smart contracts, Snapshot, Solana, Solana Outage, Solblaze, Technical Error, tps, Transaction Error, Upgrade, Validator, Version, Virtual Currency

What do you think of Solana’s technical error on Saturday? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the news editor at Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.