Solana experiences transaction stoppage as developers report ‘intermittent instability’

Sep 14, 2021 | The Block News | 0 comments


Transaction blocks appear to be not processing on the Solana blockchain, according to available data and complaints from the network’s users.

Data published by block explorers SolScan and Solana Beach indicate that the last transaction block occurred roughly two hours ago.

“Solana mainnet-beta is experiencing intermittent instability,” a message from a Twitter account run by the Solana Foundation reads, posted at 8:38 a.m. ET. “This began approximately 45 minutes ago, and engineers are investigating the issue.”

Phantom, a wallet service built on Solana, said in a tweet at 9:57 a.m. ET that “[t]he Solana network seems to be experiencing intermittent instability right now. Phantom and other applications are having trouble connecting. We will keep you updated on the status of the situation.”

At the same time, Solana Labs CEO Anatoly Yakovenko called for network validators to join the project’s Discord. “its beta time,” he wrote.

In a 10:26 a.m. ET tweet, the Solana Foundation said: “Resource exhaustion in the network is causing a denial of service, engineers are working towards a resolution. Validators are preparing for a potential restart if necessary.” A patch has since been made public in an effort to address the issue. 

This is a developing story and will be updated as more information becomes available.

Updated with new information regarding the network issue and efforts to rectify it. Clarifies that Anatoly Yakovenko is CEO of Solana Labs.

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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