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
Additional Info
- Read full article on: Bits Be Trippin
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