LIVE⚡️ Solana Founder Reveals Fix for Network Glitch: Challenges Ahead
✅ Solana co-founder Anatoly Yakovenko has announced that the bug causing disruptions in the blockchain ecosystem has been identified and patched. However, he warns that implementing further updates won't be a walk in the park.
⚙️ The glitch stemmed from the v1.14 upgrade, which proved more complex than expected. Yakovenko emphasized that dealing with such bugs is far more challenging than tackling liveness failures.
🌐 Since March, the Solana network has grappled with a high transaction failure rate of 77.4%, impacting users and services alike.
📈 To combat this, the Solana Foundation is taking measures like Optimizing Computing Unit (CU) Usage and planning a major update (v1.18) in April to enhance network performance and reliability.
LIVESignificant delays in the network's operation have been observed in recent days.
The network itself is functioning properly; however, developers note that the growth in the number of failed transactions was triggered by the emergence of spam bots.
Typically, bots are faster than humans, so user transactions often fail.
The Solana Foundation will be releasing patches to address the issue.
Fantom's head, Andre Cronje, pointed out that Solana's problem is solvable with standard engineering solutions, and the high demand showed that the network has no consensus issues.