x
Black Bar Banner 1
x

NEW: About Me Look — turn on a full-width dark About Me from your profile Configuration (Profile Page Upgrade). The Academy, profile feeds and Media Feed now read like the News Feed. See Subscriptions »

New: AI Blog Autopilot — free for the next 30 days. Switch it on by November 15th »

NEW: Smart Mail is live — free for every member. Send broadcasts, build lists and run autoresponders. Open Smart Mail »

New training: The Campaign Map. Watch it now »

A+ A−
Ads by Markethive - View All
The Blog Feed
The Blog Feed
» Blog Feed
Write a New Blog Post
Search Blog Status
Most Viewed
Most Recent
Most Shared
Alphabetical
Markethive Blog (default)
My Blog Posts
Friends' Blogs
Blog Categories
All
Advertising
Blockchain & Cryptocurrency
Business Development
Diet & Weight Loss
Environmental
Health and Wellness
History and Culture
Home and Garden
Marketing
Mentoring & Training
Money & Finance
Other
Political
Prayer & Religion
Programming & Technical
Real Estate
Search Engine Optimization
Social Media
Spirituality
Sports & Recreation
Transport
Travel & Events
Website Design
Blogging Tools & Assets
My Blog Info
Members Subscribed to You
Blogs You Are Subscribed To
Website Widget
Wordpress Plugin
Subscribe for Greater Services
Subscribe to one of many subscriptions, each one includes the previous ones.. Unlock powerful tools, advance features, to build a powerful reach.

Vaneck Exec States Solana Outage Might Have Been Manually Triggered

Posted by Bill Rippel on February 09, 2024 - 1:49am


Vaneck Exec States Solana Outage Might Have Been Manually Triggered

Matthew Sigel, head of digital assets research at Vaneck, revealed that there is speculation around the cause of the latest Solana outage, which stopped its blockchain by five hours. Sigel explained that the bug that created this service interruption was related to the Berkley Packet Filter (BPF) and that it might have been manually triggered.

Solana Might Have Been Manually Stopped, Vaneck Exec Speculates

Solana, one of the top 5 cryptocurrency projects, might have been stopped manually by unknown actors. Matthew Sigel, head of digital assets research at Vaneck, explained that this bug might have been manually triggered by someone, given that it is related to a recent upgrade (0093) that implemented a change to block metadata from being loaded into the Berkley Packet Filter (BPF).

This bug affected the BPF, which according to Sigel, controls the deployment, upgrades, and execution of programs on top of the Solana blockchain. This caused the blockchain to stop producing blocks for approximately five hours and SOL to lose 3% until a fix was proposed, tested, and implemented, and the situation was controlled.

About the possible recurrence of a similar event in the future, Siegel stated:

This is a result of the experimental and constantly evolving nature of Solana. We believe a fix to this issue was already in the works.

Sigel believes that the event might affect the speed of the changes produced in Solana, as future updates and improvements will have to be debated more thoroughly before their actual implementation.

Nonetheless, this is all speculation, as an official statement about what caused the outage has not been issued by Solana engineers, who declared that a root cause report would be released once complete.

Previously, the Solana blockchain handled an increased load without going down during the Jupiter token airdrop, which distributed $700 million in JUP tokens to close to a million wallets.

Simon Keighley Interesting speculation around the cause of the latest Solana outage - let\'s hope that efforts are underway to address and resolve the issue. Thanks for sharing.
February 9, 2024 at 6:15am