• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

The truth that Solana continues to “collapse”

December 14, 2021
in Crypto News
0
192
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Last evening (Dec 13), the cryptocurrency neighborhood on Twitter continued to move ahead of the information that Solana was down however once more. So what took place in this situation? What is the cause for this accident? Let’s come across out in the report beneath!

The fact that Solana continues to suffer "power failure"
The truth that Solana continues to “collapse”

What took place?

“Solana down” was a key phrase that was consistently pointed out final evening. Many memes and taunts have also spread on Twitter.

Related articles

ZKP Shifts the Crypto Narrative With Its Anti Inflation Design! Solana & XRP Lose Momentum

ZKP Shifts the Crypto Narrative With Its Anti Inflation Design! Solana & XRP Lose Momentum

January 25, 2026
Regret Missing Solana and Polkadot? APEMARS Is One of the Top Altcoin Picks Investors Can’t Afford to Miss

Regret Missing Solana and Polkadot? APEMARS Is One of the Top Altcoin Picks Investors Can’t Afford to Miss

January 16, 2026

Download Solana once more. https://t.co/L4dVjI3jwl

– eric.eth (@econoar) December 13, 2021

It is really worth mentioning that this is the 2nd time Solana has been blocked from the network in a week. Just final week, the DDOS assault induced a stir in the crypto neighborhood with mixed views.

> See additional: Solana suffered from network congestion, the neighborhood expressed disappointment

However, this time the difficulty is only network congestion, which prevents quick transaction processing, rather than the network remaining totally paralyzed and idle. Two months in the past, Solana also suffered a electrical power outage that paralyzed the network for additional than sixteen hrs.

>> See additional: [Cập nhật] The Solana network has a difficulty, the complete $ eleven billion TVL blockchain “stands still” for sixteen hrs

The result in of this accident

Again, the cause comes from Raydium, this time not an IDO occasion, but when implementing a transaction pool on this AMM platform.

However, in the hottest message from Raydium, it is mentioned that the result in of this difficulty continues to come from spam bots.

At 14:00 UTC a task attempted to begin an unauthorized pool on Raydium, nonetheless it instantly encountered hefty spam bot transactions which led to network congestion and slowing the TPS for a number of hrs.

Solana TPS is recovering, but if you have noticed slow / failed txns this is the root result in

– Raydium (@RaydiumProtocol) December 14, 2021

“At 9pm final evening, a task was implementing an unauthorized pool on Raydium, but at the very same time when a transaction spam bot appeared, resulting in network congestion, the TPS (transaction price) plummeted for numerous many years. Now.

Solana’s transactions per 2nd are back, but if your transactions are slow or fail, this is additional probably to be the situation. “

Why is Solana consistently remaining spammed by bots?

As pointed out, the DDOS incident a number of days in the past sparked a whole lot of controversy in the Twitter neighborhood. Justin Bons’ account claimed that the Proof of History (PoH) consensus mechanism was portion of the cause Solana was DDOS.

three/six) On the other hand, in SoL it is attainable to predict and then assault the subsequent block producers on the net

For illustration attacking the subsequent one hundred validators on the net rather of attacking the entire network

This assault also operates irrespective of scale, hence considerably lowering SOL protection

– Justin Bons (@Justin_Bons) December 10, 2021

“With Solana, anyone can predict validators for the subsequent block, so they can target on attacking these validators, rather of attacking the complete network. This strategy of assault is unaffected by the dimension of the network, which puts Solana in a risky place. “

Like slapping water with rain, numerous KOLs have taken the time to speak about the blockchain resolution they are assisting to construct. According to the 0xngmi account, the resolution to this difficulty could be a VRF perform, which randomizes who is selected for authentication, and at the very same time helps make public the identity of the individual dealing with the lock though the lock is validated.

Since you are broadcasting your identity as a leader at the very same time you broadcast the block, there is no way for DDoS persons in advance, if you DDoS soon after broadcasting is ineffective as you have by now finished your work.

– 0xngmi (@ 0xngmi) December 12, 2021

“Since you announce the selected one particular though attacking the block, there is no way to complete a DDOS assault. If you DDOS oneself soon after all the things has been created public, it is ineffective considering that you have finished your authentication work. “

Last week, two founders of Solana, Anatoly and Raj Gokal, also retweeted constantly, and the most targeted audience is Rollups on Ethereum.

when portion of a boom in transformative platforms, most people’s brains come to be like ASICs. they see each and every new sector as a result of the lens of their good victory.

our work as navigators of the quickest technological innovation cycles is to compete efficiently, but depart our neural pathways versatile.

– Raj Gokal (@rajgokal) December 14, 2021

“When they had been portion of the past good revolution, their brains had been normally anxious about ASICs (referring to Ethereum not accepting the new style of miners, ASICs). They see new industries only as a result of the lens that has brought them victories in the previous.

Our mission is to make the technological innovation cycle more quickly and additional productive, though preserving a versatile and honest viewpoint “.

Synthetic Currency 68

Maybe you are interested:

Maybe you are interested:

Tags: collapseContinuesfactSolana
Share77Tweet48

Related Posts

TerraUSD draws scrutiny as Terraform sues Jump for 4B

TerraUSD draws scrutiny as Terraform sues Jump for $4B

by shark
February 24, 2026
0

Terraform Labs lawsuit cites alleged UST stabilization and discounted LUNA sales by Jump; analysts cite disclosure gaps and algorithmic-stablecoin risks.

S&P 500 slides as Big Tech deflates; Bitcoin ETF outflows

by shark
February 24, 2026
0

Data shows a U.S. stock market selloff, Big Tech pullback, spot Bitcoin ETF outflows as Fed tone and AI valuations...

U.S. Mortgage Rates slip below 6 as Treasury yields fall

U.S. Mortgage Rates slip below 6% as Treasury yields fall

by shark
February 24, 2026
0

Mortgage rates below 6% reflect a lower 10‑year Treasury yield as inflation cools and Fed expectations ease, analysts cite, affecting...

Bitcoin slips as death cross nears amid ETF outflows

Bitcoin slips as death cross nears amid ETF outflows

by shark
February 23, 2026
0

Data shows where key MAs sit and how Fed, dollar and ETF outflows could pressure key supports, NDR and JPMorgan....

Gold holds 5200 as central bank demand real yields ease

Gold holds $5,200 as central bank demand, real yields ease

by shark
February 23, 2026
0

Analysts cite central-bank buying, weaker dollar and easing real yields behind gold near $5,200; central bank gold purchases, real yields,...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Best Crypto Coins Heating Up: APEMARS Presale Emerges as the Next 100x Coin with 6,900% ROI, While ApeCoin Dips and MemeCore Surges
  • TerraUSD draws scrutiny as Terraform sues Jump for $4B
  • Are These the Best Meme Coins to Buy Today as Pi Network Rebounds, Mogcoin Holds $64M Cap, and APEMARS Stage 9 Targets 6,914%?
  • S&P 500 slides as Big Tech deflates; Bitcoin ETF outflows
  • U.S. Mortgage Rates slip below 6% as Treasury yields fall
  • Bitcoin slips as death cross nears amid ETF outflows
  • Only 24 Hours Left For BlockDAG’s $0.00125 Direct Sale! Toncoin & Litecoin Face Continued Selling Pressure
  • Gold holds $5,200 as central bank demand, real yields ease
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7