Solana Blockchain Back Online After Yet Another Outage

The Solana blockchain experienced a significant outage earlier today, halting all block production on its mainnet-beta since 10:22 UTC, February 6th. The outage was first acknowledged through an official communication by the Solana team, stating that all hands were on deck to investigate the root cause of the stop-in block advancement. The Solana Blockchain Explorer confirmed the severity of the situation by marking it as a “major outage.”

The issue was, however, fixed to bring operations back to normal five hours later.

After Effects 

The disruption did not go unnoticed, with social media platforms buzzing about the inability of the blockchain to generate a block after 25 minutes, a significant delay considering Solana’s touted block creation time of just 400 milliseconds. 

In response to the crisis, Stakewiz, a noted Solana validator, revealed that developers are hastily working on a fix. There is a concerted effort to prepare a version that addresses the outage, with further details to be shared upon readiness. Meanwhile, validators are taking proactive steps by creating snapshots of their local ledger state, gearing up for a network restart.

The ripple effects of the outage have extended to cryptocurrency exchanges, with Upbit announcing a temporary halt on the trading of Solana-based tokens, including , GMT, RAY, and ACS. 

Source: https://blockchainreporter.net/solana-blockchain-faces-yet-another-outage/