Saturday, December 2, 2023

Solana Labs Seeks Long-Term Solution to the Outages Plaguing the Network.

The outage-plagued Solana Network is looking for a long-term solution that could just be on the horizon. Anatoly Yakovenko, Solana co-founder, revealed that this has been the biggest challenge for the network and a solution is their number one priority.

Since its launch in 2020, Solana the young proof-of-history, proof-of-stake (PoS) hybrid blockchain, suffered five major outages of which three occurred this year. The outages are either attributed to bugs in Solana’s code or the network being overwhelmed by artificial traffic from bots.

Yakovenko has set sights on Firedancer as a long-term fix. He believes it will have its own separate software development team. The Solana Foundation is developing the Firedancer with Jump Crypto, a Web3 firm. Jump Crypto outlined that the solution will dramatically scale Solana, and allow the network to handle more transactions in a more efficient manner within the next two years. Yakovenko reckons the probability of Jump Crypto having the same bugs in their code as the Solana network becomes virtually zero because it’s a separate team. Solana’s current issues can largely be chalked up to a human error as it’s software written by humans. The co-founder argued that Solana is pretty complex. He described it as a monolithic chain like Ethereum, but it does everything all at once.

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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