Solana Faces Network Halt as Reliability Issues Resurface in 2024

Solana’s development efforts hit another snag this week after the network’s mainnet beta suffered a performance degradation leading to halted block progression. The outage quickly evoked memories of previous incidents plaguing the self-proclaimed “Ethereum Killer” over the past year.

Extent of Outage Remains Unclear

According to the initial incident report, engineers scrambled to diagnose the exact causes behind the mainnet going offline:

“Engineers from across the ecosystem are investigating an outage on mainnet-beta. 

Nonetheless, the network failure immediately prevented any new blocks from being produced, paralyzing transaction finality and activity.

Previous Reliability Issues Resurface

While the current outage marked the first network-wide disruption in 2024, Solana infrastructure failed to inspire confidence last year. The repeated outages and instability prevented SOL from sustaining any upside momentum.

In particular, Solana suffered an even longer failure in mid-2022 when the entire network went dark for nearly two straight days. And during the summer season, a separate incident knocked Solana offline for 18 hours, drawing criticism around architectural robustness.

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So in essence, Solana’s ambitions to become a global decentralized solution face dual obstacles, with both extreme market cycles and apparent foundational issues plaguing network uptime reliability.

While developers actively troubleshoot and architect significant improvements, achieving enterprise-grade stability remains complex and challenging at this stage of maturity.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.