Bits Be Trippin: Livestream Recap on Solana 10 minute TLDR
TLDR cut of yesterday's livestream that broke down the key aspects of the Solana crash and freeze. BLUF: Began experiencing multiple forks as validators were disrupted enough to not understand what was the canonical chain of authority. This causes transactions to become invalid, rendering the chain inoperable. Original Announcement: https://twitter.com/SolanaStatus/status/1437856638279487493 Patch recovery: https://twitter.com/SolanaStatus/status/1437972768587456518 Network Restart: https://twitter.com/SolanaStatus/status/1438020110451609603 Telemetry https://www.exodus.com/status/ Key aspects Solana is considered a “Beta” ; Thoughts?! Raydium IDO nearly hit an estimated 400k transaction per second Lack of prioritization of network-critical messages Network began failing (freezing up queue) Network seen first issue around 8AM EST Network was recovered through a patch deployment after Solana Developers released a patch to limit transaction forwarding Key culprit of not having a ‘base’ fee, allows scripts to be built to network flood How did they fix, with the software patch Improved ‘spam’ blocking Improved ‘load’ balancing Lets explore what changed? https://github.com/solana-labs/solana/pull/19834/files Next steps? https://status.solana.com/ Quick links borrowed from Reddit: ? Join the fastest growing ecosystem in crypto ? Telegram: https://t.me/solana Website: https://solana.com Newsletter: https://solana.com/newsletter Medium: https://medium.com/solana-labs GitHub: https://github.com/solana-labs Twitter: https://twitter.com/solana Podcast: https://solana.com/podcast ➖➖➖➖ ? TECHNICAL Network Stats: https://solanabeach.io Docs: https://docs.solana.com/ Discord: https://solana.com/discord Whitepaper: https://solana.com/solana-whitepaper.pdf Tokenomics: https://solana.com/tokens ➖➖➖➖➖➖➖ ? Key Links The SPREADDDSSHEEETTT - Under GPU Testing 2021 https://docs.google.com/spreadsheets/d/138M4R1-_zS-OLBsl2VJeN_anfTSCRCFc6EguYUVG-yA/edit?usp=sharing What to Mine? https://whattomine.com/ Where to mine, pool status https://miningpoolstats.stream/ethereum For a slightly overpriced RTX 3090 https://www.parallelminer.com/?wpam_id=236 Sponsored LINK - Compass Mining https://tinyurl.com/CompassMining Sponsored Link for Simplemining.net - Hook yourself up while hooking us up! https://simplemining.net/ref?user=bbt ? Background Audio → No Music ? Join the Discord server → https://discord.gg/JGbHE7z ? Check out the BitsBeTrippin merch, refresh in 2021 → Coming Soon ? Follow BitsBeTrippin everywhere → Twitch - twitch.tv/bitsbetrippin → Twitter - twitter.com/bitsbetrippin #bitcoin #btc #cryptocurrency
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