- Solana developers announce measures to address network congestion.
- 70% of Solana transactions fail due to network congestion issues.
- Solana Labs’ co-founder weighs in on the issue.
Solana’s unique selling point among major blockchain networks is its efficiency, offering speed and low gas fees. However, the network recently encountered significant congestion issues, putting this narrative in question.
These issues are resulting in a high failure rate of transactions, with reports indicating that around 70% are not going through. For that reason, Solana developers are stepping in to address these challenges. However, they will face an uphill battle with the network.
Why Solana Transactions Are Failing
Solana, known for its high throughput capabilities, has recently faced a bottleneck, leading to widespread transaction failures. On Monday, April 8, on-chain data revealed that some 70% percent of non-voting transactions did not go through.
In response to this urgent issue, Anza, a developer collective specializing in Solana, addressed the issue. They revealed that they are actively working on a solution. In a Twitter thread, they linked the congestion to specific implementations of the QUIC internet transport protocol and behaviors of Agave, Solana’s validator client.
These issues are particularly severe under heavy request loads, which Solana has been experiencing recently. Thanks to a surge in memecoin speculation and bot trading, the Solana network has seen a surge in traffic, overtaking Ethereum.
Can Solana Developers Fix Network Issues?
In response to the network congestion, Anza developers revealed that they are actively working on fixes. However, recent remarks by Anatoly Yakovenko, co-founder of Solana Labs, suggest they face a technically challenging battle.
Yakovenko remarked that fixing bugs that cause congestion is more time-consuming than addressing total network failures, which Solana experienced on a few occasions earlier. The former requires thorough testing, which makes quick fixes impossible.
Still, time concerns notwithstanding, patches will likely help mitigate congestion issues once they take effect. What is not clear is how the network will withstand the ever-growing amount of traffic and whether incremental improvements will be able to keep up with it.
On the Flipside
- Scalability has been a major issue for blockchain networks, plaguing Bitcoin and Ethereum and leading to huge gas fees. While gas fees on Solana remain low, scalability is still at the root of current transaction failures.
- Solana has been experiencing a surge in traffic, attributed to both the memecoin craze and a rise in algorithmic trading.
Why This Matters
The congestion issues on the Solana network serve as a valuable learning opportunity for the broader blockchain community. They highlight the importance of robust network design, continuous testing, and adaptive development to meet the evolving demands of users.
Read more about the latest memecoin to spike on Solana:
Solana Memecoin MEW Jumps 439.03%: What’s Behind the Surge?
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Bybit’s Expands Reserves Audit Amid Calls for Transparency
