The ecosystem’s creators are running diagnostics and working to restart the blockchain

Solana developers report the network’s outages

01.10.2022 - 06:45

79

2 min

What’s new? On October 1, at 00:45 UTC, Solana developers reported an outage on the network and suspension of transaction processing. The ecosystem’s creators are running diagnostics and working on restarting the blockchain. On Twitter, they published instructions for mainnet beta validators and also promised to update information for the crypto community.

Solana situation. On June 1, developers also halted the network operation for 4 hours. Validators began restarting the network only after disabling the so-called “durable nonce transactions” that caused the validation failure.

Solana developers also shared the results of their investigation into the hacking attack that resulted in more than 8000 wallets being compromised on August 3. The team found that the affected addresses were created, imported, or used in Slope mobile wallet apps.

As of October 1, 07:00 UTC, the native token of Solana (SOL) is trading at $32,8, having lost 3,78% in 24 hours, according to crypto exchange Binance.

Author:

Tatiana Darda Tatiana Darda

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy