Solana Network Hasn’t Gone Down in 5 Months: Report

The Solana network has not suffered any outages in the last five months and has been 100% uptime since February. The enhanced network performance marks a striking transformation from the previous year when layer-1 network outages caused severe disruptions.

A new report released by Solana Foundation stated that the subsequent upgrades, including the rollout of QUIC TPU, Stake weighted QoS, and localized fee markets, have helped the network to handle high traffic and demand.

Solana Completes One Whole Quarter Without Outage

The foundation mentioned that Solana – run by a group of independent validators around the world – has demonstrated improvements across various performance metrics.

This includes enhancements in ratios of non-voting-to-voting transactions. A voting transaction happens when a validator votes to confirm one or more proposed blocks of information. On the other hand, non-voting transactions are the ones triggered by user behavior on the blockchain.

In the latest report, Solana Foundation said that it expects “to see the ratio of voting to non-voting transactions go down because the overall percentage of voting transactions should drop as the network gets more efficient.”


ADVERTISEMENT

The block production time – which measures how quickly the network adds more “blocks” to the blockchain – has followed a consistent trajectory besides a spike during the February outage. 

Moreover, the average transactions per second on the Solana network remained relatively similar since December 2022. Some volatility was observed, which correlated with high network demand, the foundation’s statement read. The maximum daily transactions per second have been on a steady rise since January. Data from Dune Analytics suggests that the network currently recorded 3,781 TPS as of July 20.

Network Upgrades

The improvements across the metrics were achieved after core developers rolled out upgrades that enabled the network to perform well in times of high stress.

The Solana devs have doubled down on testing while developing other network upgrades and initiatives, including increasing maximum transaction sizes (currently limited to 1232 bytes). Simplifying the voting logic, which reduces the overall amount of data needed to be transmitted and stored, is yet another aspect that the devs are working on.

According to the Solana Foundation, the advancements have helped solidify its position in the layer-1 space after its credibility was severely dented by a series of outages last year.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.


.custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px 0px 15px; } .custom-author-info .author-avatar img{ border-radius: 50%; border: 2px solid #d0c9c9; padding: 3px; }

The post appeared first on CryptoPotato

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 99,148.56 2.14%
Ethereum (ETH) $ 3,374.81 7.97%
Tether (USDT) $ 1.00 0.09%
Solana (SOL) $ 259.34 8.86%
BNB (BNB) $ 630.67 3.29%
XRP (XRP) $ 1.40 25.78%
Dogecoin (DOGE) $ 0.393198 2.16%
USDC (USDC) $ 1.00 0.08%
Lido Staked Ether (STETH) $ 3,372.68 8.08%
Cardano (ADA) $ 0.882196 12.83%