Solana block production stalls for hours, SOL holders unable to transact, validators provide a solution –

According to reports on social media, crypto forums, onchain metrics and the Twitter account Solana Status indicate that Solana's blockchain has stalled. Solana mainnet beta suffered a four-hour downtime and is still down after a technical error.

Solana's network stands

Recently, Solana (SOL) is among the top ten crypto assets by market valuation and today SOL's market cap is the seventh largest. At the time of writing, SOL is exchanging hands for $159 per unit and is down 2.8% over the last week.

@Phantom I'm locked out of my Solana. It says "Unable to connect to Solana" and no help on your site that makes sense to someone who doesn't know advanced coding. I shouldn't have to reconfigure my computer to access my Solana

— MattyG (@Mattygxrp) September 14, 2021

On September 14th, the protocol suffered an error and at the time of writing, the chain has been disrupted for a total of four hours so far as the outage is still ongoing. On Tuesday, the Twitter account Lido Finance tweeted:

A TX overload caused an OOM error on most Solana nodes, including validation nodes. The network has stalled, engineers on the team and the node operator community are working on a solution. Validators are preparing for a possible restart if necessary.

Lido Finance also urged its Twitter followers to follow the “Solana Status” Twitter account for more information. “Solana Mainnet Beta Experiences Intermittent Instability,” the Solana Status account detailed in a pinned tweet. “This started approximately 45 minutes ago and engineers are investigating the issue.”

Estimates suggest that Solana blocks could take a while to produce

Some have said that troubleshooting can take between 24 and 48 hours to resolve the issues. “If transactions are filtered out, commits fail, and validators need to be updated and deployed... it will take approximately 24-48 hours to resolve,” the Twitter account named 'bruce.codes'. explained.

The last block on Solana was produced almost 40 minutes ago. Not fantastic pic.twitter.com/yLXjYdSx9L

– Larry Cermak (@lawmaster) September 14, 2021

In another tweet, 'bruce.codes' wrote that a "Solana fix [is] being provided in v1.6.23." Solana Status' Twitter account also added to the account's initial outage tweet, saying:

The exhaustion of resources in the network leads to a denial of service, engineers are working on a solution. Validators are preparing for a possible restart if necessary.

Solana now joins the list of networks that have stalled due to failure to produce blocks. For example, the IOTA blockchain was in February 2020 longer than 11 days below. The EOS Blockchain had Topics also with block production. Cardano had problems with Block production in the past and Solana had Block production problems in December 2020.

While Solana managed to knock XRP down a notch recently, XRP has once again managed to regain the sixth largest market capitalization worldwide. At the time of writing, XRP is a touch over $3 billion ahead Solanas (SOL) Overall rating.

What do you think about the issues the Solana blockchain faced on Tuesday? Let us know your thoughts on this topic in the comments below.

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