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Unconfirmed: Solana's Outage Lasted 17 Hours. What Does This Mean for Decentralization? - Ep.273

Unconfirmed: Solana's Outage Lasted 17 Hours. What Does This Mean for Decentralization? - Ep.273

FromUnchained


Unconfirmed: Solana's Outage Lasted 17 Hours. What Does This Mean for Decentralization? - Ep.273

FromUnchained

ratings:
Length:
36 minutes
Released:
Sep 17, 2021
Format:
Podcast episode

Description

Aidan Mott, research analyst at Messari, discusses Solana’s network restart that resulted in the blockchain going dark for 17 hours earlier this week. Show highlights: when Solana validators noticed something was wrong and how they responded what initial dex offering (IDO) caused the network to be flooded with transactions how a surge in bot transactions pushed validators to decide to restart the network how Solana’s outage compares to similar incidents on other chains why the Solana community was most likely not surprised by the 17-hour restart how Solana validators and the Solana Foundation coordinated the network restart how Solana Labs CEO Anatoly Yakovenko communicated with the community during the outage whether Solana is still vulnerable to a similar flood of transactions what the network restart means in terms of Solana’s centralization why Solana validators running the same client could be an issue   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Digital Asset Research: https://digitalassetresearch.com   Sorare: https://sorare.com       Episode Links Aidan Mott Twitter: https://twitter.com/KidKrypt0 LinkedIn: https://www.linkedin.com/in/aidan-mott-77665267/  Messari https://messari.io/   Solana Outage The Block’s coverage https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability CoinDesk coverage https://www.coindesk.com/markets/2021/09/14/solana-validators-ready-potential-restart-amid-blockchain-outage/  Decrypt coverage https://decrypt.co/81004/solana-back-online-following-downtime-network-restart  Why the mainnet went down https://twitter.com/buffalu__/status/1437792673784549383  Potential ramifications https://twitter.com/CometShock/status/1437870278684590091 Neha Narula tweet https://twitter.com/neha/status/1438487308433494022  Solana Status -- the Twitter account that sent information out on the state of the network https://twitter.com/SolanaStatus Anatoly Yakovenko Solana outage tweets https://twitter.com/aeyakovenko/status/1437887482897518595 https://twitter.com/aeyakovenko/status/1437784552324358155 https://twitter.com/aeyakovenko/status/1438496595360862215 https://twitter.com/aeyakovenko/status/1438465508412739588 https://twitter.com/aeyakovenko/with_replies
Released:
Sep 17, 2021
Format:
Podcast episode

Titles in the series (100)

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.