Yesterday, a nearly six-hour network outage of Solana, a layer-one blockchain known for its high throughput, sparked both scoffs and support from traders and developers across the smart contract space.
“At around 1:46 p.m. UTC on December 4, 2020, the Solana Mainnet beta cluster stopped producing blocks at slot 53,180,900, preventing new transactions from being confirmed,” reported a live update blog post by Solana.
The outage lasted approximately five and a half hours before over 200 Solana network validators, representing over 80% of the network’s operating weight, successfully initiated instructions to restart the network and restarted production of blocks.
“We would like to thank the passionate and hardworking global network of auditors who identified this issue and coordinated the restart of the network,” said the Solana team.
An autopsy of the network interruption is imminent.
Solana founder and CEO Anatoly Yakovenko previously said that he welcomes the competition between Layer-One protocols and that it can help breed “excellence”. Solana’s SOL token is up over 5% to $ 1.97 in 24 hours after bottoming out at $ 1.85 yesterday.
Critics within the Ethereum community, as well as other first-level competitors, quickly addressed Solana’s problems on Twitter yesterday.
One observer noted that trading Serum, the Solana-based decentralized exchange built by the central FTX exchange, had few BTC trades in the hours following the interruption, suggesting that after trading ” Bots “there was little demand for the services.
Hello! Someone forgot to turn on “real customer orders that are definitely not a bot” for serum after Solana is available again.
No new trades in the last 2 hours? pic.twitter.com/fCJ6hqCjvn
– tt (@scott_lew_is) December 4, 2020
Sam Bankman-Fried, the CEO of FTX, seemed to accept the crush:
yup they have it seems to have worked: P.
– SBF (@SBF_Alameda) December 4, 2020
However, not everyone in the entire smart contract space took the opportunity to use the problematic Layer 1 protocol.
Hudson Jameson, an Ethereum Foundation researcher, praised the Solana team for its “quick response and immediate recovery”, noting that Ethereum has seen its fair share of “network emergencies”.
Another Ethereum Foundation alumni Nick Johnson also pointed out that given the lengthy roll-out process of Ethereum 2.0, it would be wise to hold back bullying:
It’s depressing to see people fall for Solana because there was a consensus problem. Are we not becoming Ethereum maximalists, are we? Especially because of something that one day in the future could easily bite our asses.
– nick.eth (@nicksdjohnson) December 5, 2020