BitcoinWorld

Blockchain News

Solana CEO Hoses Down Claims Network Outages Caused by On-chain Voting

The creator and CEO of Solana Labs, Anatoly Yakovenko, has disputed suggestions that the on-chain voting method and heavy validator message traffic were to blame for Solana’s network disruptions.

The CEO of Solana responded to rumors that Solana’s decision to include on-chain votes as transactions is a “massive design flaw” that has caused its numerous outages, even though the Solana Foundation confirmed in a post on February 27 that the “root cause” of the most recent 20-hour network outage is still unclear.

The contentious thread in issue was published by Twitter user DBCryptoX earlier on February 27 days following Solana’s 20-hour network downtime, and it made the claim that the network was congested due to the large number of validator messages and on-chain votes.

Nevertheless, Yankovenko referred to the hypothesis as being based on “total stupidity” in a follow-up Tweet sent around 20 minutes later.In essence, he said, the votes, which make up a “one huge quorum,” help to simultaneously deliver a “extraordinary degree of security, great throughput, and cheap prices.”

Yakovenko didn’t precisely dispute DBCryptoX’s assertion that these validator messages and on-chain votes make up 90–95 percent of Solana transactions, which DBCryptoX claims has contributed to “bogging down the system.”

The network failures, according to DBCryptoX, have lasted for the last 20 hours since it takes a long time for validators to get together and agree on a solution utilizing off-chain methods, including a chat app like Discord.It seems that several of the comments on DBCryptoX’s first post did not agree with the notion.

The network disruptions probably have several causes, according to software developer Alex Kroeger of the Solana-powered Wallet Phantom, and validators of proof-of-stake systems need a lot of network traffic to complete validation.

Even though the Solana network was formally reactivated in the late afternoon of February 25, it seems that some members of the cryptocurrency world are becoming weary of it.

Solana Labs was contacted by Cointelegraph for comment, but no answer had been received at the time of publishing.

 

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.