22 Jan 2025

“Bug fixed”: Solana developers announced fixing a bug that caused the network collapse

“Bug fixed”: Solana developers announced fixing a bug that caused the network collapse

The developers called the function of constant one-time transactions the main problem resulting in failure.

On this page

During the current year, the network managed to crash five times. The last one was recorded in early June. Each time, users faced the problem of network unavailability and long repair that took several hours to days.

To date, according to the developers of Solana, the main error that led the network to constant failures has been eliminated. They published this information on their blog.

According to them, the fact that the transactions were one-time also played a role since transactions of this type have no expiry date. In comparison, a standard transaction on the Solana network has an “expiry date” of two minutes and is denied if the validator has not processed it. The main problem, however, was hidden in the function of constant one-time transactions. A bug discovered by the developers, under certain conditions, made it possible to process a failed transaction more than once. The duplication of the operation caused a failure since one validator rejected the subsequent block, and the other processed it.

The developers noted that at the moment, to prevent repeated network collapse, this functionality has been temporarily disabled. The cause of the error is being searched for and will be eliminated. Also, the technicians from Solana promised that after fixing the problem with the bug of this function, it would be returned in later versions of the network.

Constant failures and network terminations caused dissatisfaction among users. Many analysts noted that such an “unbalanced” and “unstable” network is not competitive and may lose its customers.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author

Latest News

MORE
IRS to Tighten Crypto Tax Oversight by 2025

IRS to Tighten Crypto Tax Oversight by 2025

Changes are coming for U.S. crypto enthusiasts — in 2025, the IRS will begin monitoring cryptocurrency transactions. While some may feel the sting of stricter regulations, others can plan ahead to stay compliant.

21 Jan 2025
The Future of Crypto in 2025: Fidelity’s Predictions

The Future of Crypto in 2025: Fidelity’s Predictions

What’s next for the biggest cryptocurrencies in 2025? Fidelity Digital Assets analyst Chris Kuiper shares insights on how Bitcoin will navigate volatility, Ethereum will address scaling challenges, and stablecoins will adapt to evolving regulations.

13 Jan 2025
The Crypto Rollercoaster of 2024 — Wins and Woes

The Crypto Rollercoaster of 2024 — Wins and Woes

The crypto sector evolved at breakneck speed in 2024. With major wins and notable setbacks, it’s time to reflect on the year’s key developments and their implications for the future.

31 Dec 2024
OpenSea Token: Release Date and How to Qualify for the Airdrop

OpenSea Token: Release Date and How to Qualify for the Airdrop

The NFT marketplace OpenSea, a pioneer in the space for the past seven years, is expected to launch its native token in 2025. A significant portion of the tokens will likely be distributed through a retroactive airdrop—a common way to reward the community for their past activity and support.

30 Dec 2024

Latest News Alt

MORE
OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

Practical Guide to Using the OKX Exchange OKX, formerly OKEx, started as a platform for cryptocurrency swaps. As it gained popularity, it expanded its services to become a full-scale exchange, supporting the buying and selling of a wide range of crypto assets. In January 2022, the platform rebranded, simplifying its name by removing the “Ex” […]

11 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

An overview of BTC, ETH, XAUT, and S&P500 charts, along with the current cryptocurrency market dynamics.

06 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

30 Dec 2024

Might Be Interesting

MORE
Ways to Earn in Crypto Without Any Investment

Ways to Earn in Crypto Without Any Investment

Blockchain isn’t just for seasoned traders anymore. There are multiple ways to earn income from crypto without financial investment. Our article reveals practical strategies to get started risk-free.

17 Jan 2025
What Is DeFAI? How Is It Different from the DeFi We Know?

What Is DeFAI? How Is It Different from the DeFi We Know?

AI in crypto is leading to new categories, one of which is DeFAI. From the first guess, you can correctly tell that DeFAI is the combination of decentralized finance (DeFi) and artificial intelligence (AI).

16 Jan 2025
Buterin Proposes Guardian System to Enhance Digital Wallet Security

Buterin Proposes Guardian System to Enhance Digital Wallet Security

Ethereum founder Vitalik Buterin has unveiled a new security model for crypto wallets, based on social recovery and multisig technology. The system would divide access rights among multiple trusted parties, with each holding a unique key. Transactions would require approval from several of these keyholders to proceed.

15 Jan 2025
Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

07 Jan 2025
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.

04 Jan 2025
Why Blockchain Is Different from Traditional Databases

Why Blockchain Is Different from Traditional Databases

In the world of business and finance, information is everything. Traditional databases have been reliable tools for decades, but blockchain presents a groundbreaking alternative. What sets it apart, and could it lead to a paradigm shift?

03 Jan 2025

Opinions

Is Ethereum Dead? Why Ether Struggles to Hit New Highs

Is Ethereum Dead? Why Ether Struggles to Hit New Highs

The bull cycle that began in November 2024 couldn’t push Ether to a new all-time high. Ether has been underperforming compared to Bitcoin and many other major cryptocurrencies.

22 Jan 2025
Toxic Positivity in Crypto and the Influence of Influencers 

Toxic Positivity in Crypto and the Influence of Influencers 

Crypto Twitter and online forums can sometimes blow your mind. Rocket emojis are everywhere, and it feels like every next token is “going to the moon.”

21 Jan 2025
MORE

Interviews

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Volodymyr Nosov, CEO of Europe’s largest crypto exchange WhiteBIT, sat down with Dmytro Gordon, one of Ukraine’s most prominent journalists. The interview touched on Bitcoin, crypto, WhiteBIT, cars, keys to success, and business vision.

18 Dec 2024
WhiteBIT CEO: Standing Strong Against Russian Aggression

WhiteBIT CEO: Standing Strong Against Russian Aggression

In an interview with BTC-ECHO, Volodymyr Nosov, the founder and CEO of WhiteBIT, discussed the impact of Russian aggression on the crypto exchange’s business, how WhiteBIT stays a top competitor in the industry, and when he believes our financial system will be completely transformed.

04 Oct 2024
MORE