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The Solana ecosystem once again encountered technical problems that stopped the network for four hours
The generation of blocks in the Solana network stopped for more than four hours after the developers announced the identification of a “bug”. They tweeted about it.
As the co-founder of the project Anatoly Yakovenko wrote on his page, the cause of the problems was an error in the transaction counting function. According to him, the problem “forced part of the network to consider the blocks invalid,” which as a result led to problems with consensus.
According to the developers, the funds of network users are safe. However, users themselves were dissatisfied with the fact that the Solana network for the fifth time since the beginning of the year is experiencing technical problems.
“Seriously, who would even think of contacting this project even tens of meters away?” wrote a user under the nickname @DLTbadger.
Another user under the nickname @misterkevin_rs wrote that as a developer he was tired of working on projects based on Solana due to constant problems with the network, and decided to switch to other ecosystems.
Amid the news, the price of the SOL token in the SOL/USD pair fell by more than 12% to $ 39, according to Nomics. The market capitalization of the altcoin sank to $ 13.5 billion.
- The first difficulties for Solana in 2022 began in early January. Then, in response to user complaints, Solana representatives said that “nothing happened” to the network.
- A week later, Solana again faced overload due to an increase in the number of transactions with a high computational load. Then the technical failures of Solana were confirmed in Binance, because of which the exchange warned of possible suspensions of the withdrawal of SOL.
- In early April, crypto exchange Binance introduced a fan withdrawal of solana (SOL) due to difficulties that arose in the token network.
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