Blockchain News

Solana Network’s Transaction Processing Craters After ‘Forking Event’

The Solana network encountered a forking event about 1:00 AM local time on Sunday, New York time, which slowed down the capacity of users to carry out transactions.

According to Solana Explorer, the network was processing around 93 transactions per second close to 2:00 AM on the east coast of the United States. This rate was much down from the network’s performance of close to 5000 TPS approximately 15 minutes earlier. Because of the limited throughput, Solana users are unable to participate in on-chain activities like as trading and transferring funds.

According to two validator operators, it was not immediately evident what triggered the “extended forking event.” This information was sent to CoinDesk. SolBlaze, a pseudonym used by an individual who operates a staking business, said that validator operators and officials from both the Solana Foundation and Solana Labs are now organizing a reaction.

“To be clear, Solana network is still verifying blocks, but validators are at danger of running out of memory to do so,” wrote SolBlaze in a post on Discord. “Until the underlying reason of the forking is identified, this risk will remain until the core cause of the forking is determined.”

Validators and Solana engineers were having a conversation about a variety of possibilities in a Discord channel that had been set up to coordinate their work. These choices included a possible restart of the network or a software downgrade. By the time the reporters arrived, they had not arrived at a decision.


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