Solana (SOL) Experienced Eighth Network Outage In 2022
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Last Year's Network Outage
After a roughly 18-hour network outage in September of last year, this one occurs now. Last year, Solana encountered a significant obstacle when its blockchain network was unavailable for more than 17 hours beginning on September 14. In its initial investigation of the incident, the Solana Foundation provided additional insight into the reason.
Meanwhile, SOL, the ninth-ranked cryptocurrency by market size, has dropped 81% in 2022 due to the severe crypto winter.
Solana Validator Behind Stakewiz.com
The Solana Status website, run by the Solana Foundation, reported on Friday night that the network was experiencing decreased performance and that Solana developers were trying to figure out the problem. The Solana validator behind Stakewiz.com tweeted that the event appeared to be a misconfigured node that had caused an irrecoverable network split.
According to Stakewiz, the Solana codebase was designed to address the problem but accidentally resulted in an irreversible split. According to them, the incorrect setting was accidental and was possibly a faulty node backup setup. The Solana mainnet network was resumed by developers at the most recent known time. At the time of publication, Solana had been down for two hours and forty-five minutes, and the restart was 49% complete.
The sources state that the Solana network is back online following a 6-hour network outage.
Helium Token Owners Approve the Switch
Last week, Helium token owners formally approved the company's decision to migrate from its Layer-1 blockchain to the Solana protocol. The Helium Improvement Proposal (HIP 70), which intends to broaden the network to meet user demand, was formally approved by the community with an 81.41% majority.