Solana Devs Call 'All Hands on Deck' as Unknown Bug Stops Block Production
Solana, a proof-of-stake (PoS) blockchain championed by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue.
Update (Dec. 4, 19:45 UTC): Network validators have successfully restarted the Solana blockchain, according to the team.
Solana, a proof-of-stake (PoS) blockchain championed by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue, according to the project's GitHub.
- "At approximately 1:46pm UTC on December 5th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed," a Solana Medium post reads. "The Solana team is actively working with the validator community to restart the network."
- Anatoly Yakovenko, co-founder of Solana, has called for "all hands on deck," referring to the network validators who process transactions.
- The Solana blockchain explorer confirms no blocks are currently being produced.
- Yakovenko did not return questions for comment by press time.
This is a developing story.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
