Friday, December 1, 2023

In a recent forking event, Solana blockchain suffered from lot of transaction failures and slowdowns. This caused a significant decrease in the Solana token’s price. The forking event was referred to as “cluster instability” by the development team. They launched a coordinated restart to accelerate block finalization.

Solana blockchain suffers large ‘forking event’; users report slowdown, transaction failures

On Saturday at about 6:37 UTC, the Solana blockchain experienced reduced functionality, and users reported a significant slowdown in block finalization, along with some transaction failures. This “large forking event” was caused by a technical glitch that disrupted the flow of data on the network.

According to some Solana users, the blockchain experienced a technical glitch causing widespread slowdown and transaction failures. This event may have a significant impact on the blockchain’s long-term viability and could negatively impact the Solana protocol’s marketability.


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