Solana

April

<p>Solana developers have earmarked April 15 as the likely date to fix the recent implementation bug causing issues on the network. According to the CEO of Helius Labs Mert Mumtaz on X, the implementation bug is responsible for the sharp rise in the rate of failed transactions on Solana. In his X <a href="https://x.com/0xMert_/status/1777400489488900102" rel="noopener noreferrer nofollow" target="_blank">post</a>, Mumtaz clarified that the problem is not a design flaw because it is an implementation bug.</p>
<h2 class="wp-block-heading" id="solana-devs-details-the-networks-issues">Solana devs details the networks issues</h2>
<p>Helius Labs is the blockchain infrastructure company that provides back-end support to the Solana network exclusively. Mumtaz noted in his X thread that it is crucial to understand the difference between the two issues.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">solana's current issue is not a design flaw, it's an implementation bug<br><br>it is now hitting me that some folks might not understand what we've been trying to say by this for the past week<br><br>I'll simplify it (intended for non-technical people)<br><br>it is important to make this… <a href="https://t.co/fNZzu9f90S" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/fNZzu9f90S</a></p>— mert | helius.dev (@0xMert_) <a href="https://twitter.com/0xMert_/status/1777400489488900102?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>He clarified that while design flaws are generally very serious, implementation errors are very easy to fix. According to recent <a href="https://dune.com/scarn_eth/solana-tx-fail-rate" rel="noopener noreferrer nofollow" target="_blank">data</a>, more than 75% of non-vote Solana transactions appeared to have failed on April 4.</p>
<p>The issue has caused worries for traders and investors who are using the memecoin season to carry out massive amounts of transactions. However, a recent update has shown that the figure has dropped relatively to about 64%. Mumtaz noted that the issue is connected to the way the network developers implemented QUIC. QUIC is a data transfer protocol developed by Google to alert all the nodes about the current state of the network.</p>
<h2 class="wp-block-heading" id="impact-of-the-issues-on-network-performance">Impact of the issues on network performance</h2>
<p>Using the design process of a car as an example, Mumtaz stated that the implementation issues should not be mistaken for a design flaw. He explained that even though all cars have four tires and an engine, there are different designs for specific cars according to their manufacturer’s specifications. Mumtaz noted that one cannot assume that all cars have issues if one, for example, BMW has issues with a part. He added that users can only say that the model of the BMW has issues and needs an urgent fix.</p>
<p>He also explained that during the implementation of its QUIC, there were certain bugs and deficiencies on the part of the <a href="https://www.cryptopolitan.com/new-challenger-to-solana-and-dogwifhat-wif-geared-to-surpass-the-30000-rally-that-created-multi-millionaires/" data-type="post" data-id="508741" rel="noopener noreferrer nofollow">network</a>. However, he notes that Solana doesn’t have a design flaw, but only suffers from an implementation bug in a part of its design. Considering his example about a car, Solana needs a change of parts rather than a new reconstruction of an entirely different model. Mumtaz assured that the issue should be fixed by April 15 if no additional issues are discovered during testing.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">(obviously, if additional issues are discovered in testing, this might get delayed)</p>— mert | helius.dev (@0xMert_) <a href="https://twitter.com/0xMert_/status/1777414207564116213?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>He also clarified that the QUIC will be fixed before opting for a better solution at a later date. According to CoinMarketCap data, Solana’s native token SOL trades at $176, with a market cap of $79.9 billion.</p>

Solana devs target April 15 to fix Solana’s transaction issues

Table of Contents

Cryptopolitan_News

Другие статьи, опубликованные 9 апр. 2024 г.

Most Trending Cryptocurrencies on Polygon – Decentral Games, Aether Games, Affyn

Levels of consumer trust in crypto increasing: Report

Tensor Network enhances Blockchain Governance with Community-Powered $TNSR Token

Bitcoin Price Surges to $72k Ahead of Halving Event

Ethena Price Prediction: Is $5 the Next Milestone for ENA?

Embracer Isn’t an “Evil Empire,” Says Saber Interactive CEO

Join our free newsletter for daily crypto updates!