Unconfirmed: Solana's Outage Lasted 17 Hours. What Does This Mean for Decentralization? - Ep.273

Aidan Mott, research analyst at Messari, discusses Solana’s network restart that resulted in the blockchain going dark for 17 hours earlier this week. Show highlights:
when Solana validators noticed something was wrong and how they responded
what initial dex offering (IDO) caused the network to be flooded with transactions
how a surge in bot transactions pushed validators to decide to restart the network
how Solana’s outage compares to similar incidents on other chains
why the Solana community was most likely not surprised by the 17-hour restart
how Solana validators and the Solana Foundation coordinated the network restart
how Solana Labs CEO Anatoly Yakovenko communicated with the community during the outage
whether Solana is still vulnerable to a similar flood of transactions
what the network restart means in terms of Solana’s centralization
why Solana validators running the same client could be an issue
 
Check Out the Related Article In addition to the analysis from Aidan, I did an interview with a Solana validator about his experience of the outage, and his concerns for the network going forward. Check out "The Experience of One Validator: What Happened During Solana's 17-Hour Outage?" in my Facebook Bulletin newsletter here -- and subscribe today! https://laurashin.bulletin.com/178076467796725
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     
Digital Asset Research: https://digitalassetresearch.com  
Sorare: https://sorare.com      

Episode Links

Aidan Mott
Twitter: https://twitter.com/KidKrypt0

LinkedIn: https://www.linkedin.com/in/aidan-mott-77665267/ 
Messari
https://messari.io/
 
Solana Outage
The Block’s coverage
https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage
https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability

CoinDesk coverage

https://www.coindesk.com/markets/2021/09/14/solana-validators-ready-potential-restart-amid-blockchain-outage/ 

Decrypt coverage

https://decrypt.co/81004/solana-back-online-following-downtime-network-restart 

Why the mainnet went down

https://twitter.com/buffalu__/status/1437792673784549383 

Potential ramifications
https://twitter.com/CometShock/status/1437870278684590091

Neha Narula tweet

https://twitter.com/neha/status/1438487308433494022 

Solana Status -- the Twitter account that sent information out on the state of the network
https://twitter.com/SolanaStatus

Anatoly Yakovenko Solana outage tweets
https://twitter.com/aeyakovenko/status/1437887482897518595
https://twitter.com/aeyakovenko/status/1437784552324358155
https://twitter.com/aeyakovenko/status/1438496595360862215
https://twitter.com/aeyakovenko/status/1438465508412739588
https://twitter.com/aeyakovenko/with_replies


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Aidan Mott, research analyst at Messari, discusses Solana’s network restart that resulted in the blockchain going dark for 17 hours earlier this week. Show highlights:

when Solana validators noticed something was wrong and how they responded what initial dex offering (IDO) caused the network to be flooded with transactions how a surge in bot transactions pushed validators to decide to restart the network how Solana’s outage compares to similar incidents on other chains why the Solana community was most likely not surprised by the 17-hour restart how Solana validators and the Solana Foundation coordinated the network restart how Solana Labs CEO Anatoly Yakovenko communicated with the community during the outage whether Solana is still vulnerable to a similar flood of transactions what the network restart means in terms of Solana’s centralization why Solana validators running the same client could be an issue

 

Check Out the Related Article In addition to the analysis from Aidan, I did an interview with a Solana validator about his experience of the outage, and his concerns for the network going forward. Check out "The Experience of One Validator: What Happened During Solana's 17-Hour Outage?" in my Facebook Bulletin newsletter here -- and subscribe today! https://laurashin.bulletin.com/178076467796725

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     

Digital Asset Research: https://digitalassetresearch.com  

Sorare: https://sorare.com      

Episode Links

Aidan Mott

Twitter: https://twitter.com/KidKrypt0
LinkedIn: https://www.linkedin.com/in/aidan-mott-77665267/ 

Messari

https://messari.io/

 

Solana Outage

The Block’s coverage https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability CoinDesk coverage
https://www.coindesk.com/markets/2021/09/14/solana-validators-ready-potential-restart-amid-blockchain-outage/  Decrypt coverage
https://decrypt.co/81004/solana-back-online-following-downtime-network-restart  Why the mainnet went down
https://twitter.com/buffalu__/status/1437792673784549383  Potential ramifications https://twitter.com/CometShock/status/1437870278684590091 Neha Narula tweet
https://twitter.com/neha/status/1438487308433494022  Solana Status -- the Twitter account that sent information out on the state of the network https://twitter.com/SolanaStatus Anatoly Yakovenko Solana outage tweets https://twitter.com/aeyakovenko/status/1437887482897518595 https://twitter.com/aeyakovenko/status/1437784552324358155 https://twitter.com/aeyakovenko/status/1438496595360862215 https://twitter.com/aeyakovenko/status/1438465508412739588 https://twitter.com/aeyakovenko/with_replies

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