The Solana blockchain was flooded with transactions in September, and it went unavailable for 17 hours. According to Anatoly Yakovenko, CEO of Solana Labs, this is only a concern for people who measure in milliseconds.
The Solana network fell down in September after being overloaded with hundreds of thousands of transactions per second.
Earlier In September – Solana Goes Offline For 17 Hrs But What If It Happens Again?
In an interview at Solana Breakpoint in Lisbon, The Block spoke with Anatoly Yakovenko, CEO of Solana Labs and co-founder of Solana. “I don’t know,” Yakovenko said when asked what the odds are that the network will fall down again. But that doesn’t really matter.”
His reasoning was that as long as at least one copy of the ledger exists, the monies are secure and the transactions will be executed eventually. “How much do you care that there is a 72-hour block?” if you don’t care how long a transaction takes to complete.
The delay was compared by Yakovenko to an especially long wait between blocks. He said that Solana did not go offline, but that there was no verifiable block for that time period. “If you look at the history, there does appear to be a 17-hour chunk.”
He mentioned that bitcoin may have a two-hour period where no blocks are generated. “Is it the same if the validators got very, really excellent and recovered in two hours?” he wondered.
He also asserted that other blockchain systems, such as Bitcoin and Ethereum, provide “soft assurances” that transactions will be completed – especially for individuals without the cash to pay transaction fees.
However, Yakovenko recognized that downtime is an issue for individuals who rely on their transactions to be processed quickly. “It’s important for folks who worry about communications arriving within 400 milliseconds.”
“So it doesn’t matter in terms of the state’s finances being protected. It does in terms of real-world applicability,” he continued.
Yakovenko stated that he couldn’t promise that Solana will never fall again since it’s difficult to give such a guarantee and verify it under all situations.
“So you witnessed the worst-case scenario, right?” Everything went to hell in a handbasket. They thought out a way to keep going “He told The Block about it. “But to say it never happens, I’m not sure whether that’s really conceivable in any actual sense, in any network.”