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Network resources exhausted! Solana blockchain down for more than 7 hours SOL fell 14%

High-performance public chain Solana experienced system outage last night (15). Solana confirmed earlier on Twitter that the crash was caused by high transaction demand, which led to Outof Memory (OOM) on a large number of nodes (including the verification node), and even a fork. Solana also released the restart verification program, hoping to solve the problem.

Solana tweeted about 9pm last night to announce that mainnet beta was experiencing intermittent trading instability and that the team was working on it. Then it was reported that the entire trading had been suspended, with the last trading occurring around 8pm.

TPS went down at 400,000 strokes per second, "TheBlock" research director Larry Cermak said he observed the launch of a highly anticipated IDO at 12pm UTC, speculation is that the volume of transactions caused the verification node RAM to run out, And nodes running at 128GB are the first to take the lead: some validation nodes can go forward, others can't. But that doesn't matter, because without enough verified consensus, the whole deal can't go through.

Solana at four o 'clock this morning when machine, official confirmed the speculation in the right direction: Solana Mainnet Beta transaction load is increased, TPS to a maximum of 400000. These transactions overwhelm transaction processing sequencing, resulting in failure to deliver network critical data that should be prioritized, resulting in bifurcations." How big is 400,000

? Solana's TRANSACTION throughput per second (TPS) is only 50,000, which is 3,000 times higher than ETH." According to

Solana, the fork resulted in OOM issues that caused some nodes to start disuniting, and engineers throughout the ecosystem tried to stabilize the network, but failed. Therefore, Solana officially chose to release the instructions for mainnet beta 1.6.24, and let the verification nodes restart; If the node responds to Solana, Slot96542804 is restarted. "For the first time, a multi-billion dollar blockchain network has been down for more than seven hours," Cermak said.

he also jokingly pointed out that "LMAO now everyone understand ETH Arbitrum? You can't tell me it is too low?" , and Arbitrum is ETH L2 scalability scheme, theoretically TPS can reach 100,000. The price of

SOL dropped 14% to nearly $140. The price of

SOL fell from $163.82 at 10:00 last night to $142.42 at 5:00 this morning, down 14%. The drop also pushed SOL back into seventh place after it was overtaken by XRP. SOL rose slightly to close at $155.57 just before press time on

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