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Solana uptime

Solana Maintains A 100% Uptime For 7 Straight Months Ahead Of Firedancer

Dalmas Ngetich
by Dalmas Ngetich
Last Updated: September 20, 2024 12:30 am
·
Posted in Solana
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana, a modern blockchain and one of the top smart contract platforms, looking at a screen grab shared by one observer on X, has achieved a remarkable milestone.

Over the past seven months, the platform has maintained an unusually high uptime of 100%, shaking off criticism that has plagued the network over the years since launching.

Solana Has Been Online For 7 Straight Months

Accordingly, with this milestone, Solana is now close to achieving the longest streak of uninterrupted periods in a row. Overall, this highlights the progress made by the platform to ensure stability and reliability. Theoretically, Solana, like Ethereum and other public ledgers, is supposed to maintain a high uptime of over 99.9% due to their architecture.

Solana maintains 100% uptime in seven months | Source: @0xGumshoe via X
Solana maintains 100% uptime in seven months | Source: @0xGumshoe via X

 

A group of distributed validators across the world powers Solana. Regardless of disruptions in part of the world, for example, assuming mass withdrawal of validators, the network will continue operating and will be powered by the remaining nodes. While ideal, this has not been the case, especially for the latest blockchain models prioritizing high throughput and low fees.

Related Reading: Former Coinbase Execs Debuts Stablecoin-Driven Crypto Exchange—Details

Since launching, Bitcoin, Ethereum, Litecoin, and most legacy chains have been reliable and have not been offline. On the other hand, Solana has been struggling, especially when there is a spike in on-chain transactions, putting a strain on online nodes.

Although there is progress, there have been inconveniencing outages in the past, especially in 2023. Whenever Solana stopped working, most analysts questioned the platform’s resilience and whether the network was a true blockchain.

Early this year, in February 2024, Solana failed, and its nodes stopped processing transactions. The outage was pinned to a software flag but was quickly patched.

Firedancer Will Enhance Reliability

 

To resolve these concerns and restore confidence, the team has been drastically improving reliability. For this reason, concerted efforts and resources are funneling to enhance Solana’s architecture, ensuring the platform remains online, regardless of on-chain demand.

Related Reading: Crypto Warning: Arthur Hayes Foresees Short-Term Market Crash Linked To Interest Rate Cuts

Jump Crypto has been actively building, from scratch, Firedancer, a validator client that introduces a modular design. Once it rolls out in 2025, it will improve transaction processing efficiency and drastically reduce the risks of network failures.

Solana price trending upward on the daily chart | Source: SOLUSDT on Binance, TradingView
Solana price trending upward on the daily chart | Source: SOLUSDT on Binance, TradingView

Some additions expected from Firedancer include introducing parallel transaction processing that will further boost throughput while concurrently shaving latency.

Feature image from Canva, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Dalmas Ngetich

Dalmas Ngetich

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Dalmas is an experienced journalist with over a decade in Forex, general finance, technology, and blockchain developments. He is currently a crypto reporter for Bitcoinist, where he covers DeFi, blockchain, DeFi, and latest industry news. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, CoinTelegraph, and Entrepreneur, among others. He is passionate about technology and politics and is always on the lookout for the latest trends in these fields. He also loves spending time with his family and friends, exploring nature, and traveling to new places. Connect on X: @Dalmas_Ngetich, or message him directly on Telegram here: @Dalmas_Ngetich.

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