The Solana network has encountered a significant disruption, halting block production and progression, with the platform's mainnet forced to get offline.
This interruption was first signaled by the Solana blockchain explorer, which indicated a "major outage."
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The issue was swiftly detected by users on social platforms, noting an absence of block production for an extended period, far beyond the network's standard processing time.
In response to this disruption, Solana's core engineering team and network validators are diligently working to diagnose and rectify the problem.
Stakewiz, a prominent Solana validator, has reported that a corrective release is under development. This forthcoming update will undergo testing before validators are instructed on its deployment. In preparation for a network restart, validators have created snapshots based on their local ledger states.
The process involves validators generating snapshots for a specific network slot, with current efforts focused on ensuring data consistency for the restart. The planned recovery strategy includes initiating the Mainnet-Beta cluster with a new software version, with validators poised to proceed upon receiving final approval from the core engineering team.
Snapshots represent a crucial recovery mechanism, capturing the network's state at a given moment to safeguard against data rollback and ensure transaction continuity. The network has also issued a new software version, urging validators to implement the update as outlined in the instructions.
The downtime has prompted reactions from the cryptocurrency exchange sector, with platforms like Upbit temporarily halting transactions for Solana-based assets. This incident marks yet another challenge for the Solana network, which has faced multiple outages since its inception, underscoring ongoing reliability concerns.
