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Solana Blockchain Faces Another Outage in Five Months

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Solana Blockchain went offline on Wednesday after a bug related to the consensus failure halted the block production. This is the fifth outage for the blockchain in 2022.

SOL has sizeable believers’ support among other cryptocurrencies. The coin saw a fantastic price rally in 2021 catapulting it into the ranks of the top five biggest cryptocurrencies according to market cap.

Solana blockchain started facing issues with a huge number of transaction requests and DDoS attacks in the latter half of 2021. Since the start of 2022, Solana blockchain has faced 5 outages and 7 in total since last year.

According to the incident report shared by the Solana network, the issue surfaced at 16:55 UTC yesterday. The blockchain went offline as a result of a bug incidence.

After four hours of outage, validators brought the blockchain online again after four and a half hours at around 21:00 UTC.

Solana is still considered one of the best crypto projects out there. There are NFT marketplaces and many other projects built on top of the Solana blockchain. Therefore, the community has faith in SOL.

However, the frequent outages are earning a bad name for the project. A user wrote on Twitter “Get it together Solana. We should be past this already. I’m big believer but I’m even doubting at this point.”

SOL’s price is 85% down from its all-time high. It is currently trading at around $40. Here is the timeline of outages since 2021:

September 2021 – Denial of Service Attack Twice in the Month

January 2022 – Service Disruption and Degraded Performance for Nine Days & Another Outage due to duplicate transactions.

April 2022 – DDos Attack

May 2022 – Another NFT mining Bot Attack Overwhelming the Network

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