Was not Ethereum the only affected of the NFT buying frenzy, as Solana did also witness the clogging of millions of NFT transactions on its network due to bot activity targeted at such mints. The block production did resume its functionality this Sunday, and the operators also managed to estart the main network successfully.
The three ways to mitigate future outages are:
QUIC Adoption: Solana core protocols are being reimplemented atop Google-built protocol QUIC. This is because the custom raw UDP-based protocol that the blockchain uses does not discourage or mitigate abusive behavior.
Introduction of Fee-based execution priority: Under this model, users will be able to specify an additional fee besides the base fee to be collected upon execution of the transaction and its inclusion in a block. The fee prioritization is targeted for the v1.11 release.
Integration of stake-weighted transaction processing: With stake-weighted QoS, Solana will prioritize ending the current practice of indiscriminately accepting transactions on a first-come-first-served basis and instead integrate stake-weighted transaction processing.
more than 4 millions NFT transactions were done by the bots via Solana-based Candy Machine. The consensus halted due of running out of memory and crashing, according to a report by CryptoPotato.
“The root cause of the high memory usage was insufficient votes landing to finalize earlier blocks, preventing abandoned fork cleanup. The number of forks validators had to evaluate exceeded their capacity to do so, even after a reboot, necessitating manual intervention”.
After overcoming the several outage during this year, which ended up with 48 hours in the worst cases, SOL has come under significant backlash. The last outage occurred just after Anatoly Yakovenko, the co-founder said that the largest cryptocurrency in the world BTC is witnessing the risk of exodus if it doesn’t go and shift to Proof-of-Stake (PoS) from Proof-of-Work (PoW) consensus algorithm. Read More [Solana SOL Has Restarted After 7 Hours Outage].
Solana SOL is trading in red at $85.56 by the time of writing this article.