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Solana devs target April 15 to fix Solana’s transaction issues


Solana devs target April 15 to fix Solana’s transaction issues
Apr, 09, 2024
2 min read
by CryptoPolitan
Solana devs target April 15 to fix Solana’s transaction issues

Solana developers have earmarked April 15 as the likely date to fix the recent implementation bug causing issues on the network. According to the CEO of Helius Labs Mert Mumtaz on X, the implementation bug is responsible for the sharp rise in the rate of failed transactions on Solana. In his X post, Mumtaz clarified that the problem is not a design flaw because it is an implementation bug.

Solana devs details the networks issues

Helius Labs is the blockchain infrastructure company that provides back-end support to the Solana network exclusively. Mumtaz noted in his X thread that it is crucial to understand the difference between the two issues.

He clarified that while design flaws are generally very serious, implementation errors are very easy to fix. According to recent data, more than 75% of non-vote Solana transactions appeared to have failed on April 4.

The issue has caused worries for traders and investors who are using the memecoin season to carry out massive amounts of transactions. However, a recent update has shown that the figure has dropped relatively to about 64%. Mumtaz noted that the issue is connected to the way the network developers implemented QUIC. QUIC is a data transfer protocol developed by Google to alert all the nodes about the current state of the network.

Impact of the issues on network performance

Using the design process of a car as an example, Mumtaz stated that the implementation issues should not be mistaken for a design flaw. He explained that even though all cars have four tires and an engine, there are different designs for specific cars according to their manufacturer’s specifications. Mumtaz noted that one cannot assume that all cars have issues if one, for example, BMW has issues with a part. He added that users can only say that the model of the BMW has issues and needs an urgent fix.

He also explained that during the implementation of its QUIC, there were certain bugs and deficiencies on the part of the network. However, he notes that Solana doesn’t have a design flaw, but only suffers from an implementation bug in a part of its design. Considering his example about a car, Solana needs a change of parts rather than a new reconstruction of an entirely different model. Mumtaz assured that the issue should be fixed by April 15 if no additional issues are discovered during testing.

He also clarified that the QUIC will be fixed before opting for a better solution at a later date. According to CoinMarketCap data, Solana’s native token SOL trades at $176, with a market cap of $79.9 billion.

Read the article at CryptoPolitan

Read More

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CryptoRankNewsSolana devs ...

Solana devs target April 15 to fix Solana’s transaction issues


Solana devs target April 15 to fix Solana’s transaction issues
Apr, 09, 2024
2 min read
by CryptoPolitan
Solana devs target April 15 to fix Solana’s transaction issues

Solana developers have earmarked April 15 as the likely date to fix the recent implementation bug causing issues on the network. According to the CEO of Helius Labs Mert Mumtaz on X, the implementation bug is responsible for the sharp rise in the rate of failed transactions on Solana. In his X post, Mumtaz clarified that the problem is not a design flaw because it is an implementation bug.

Solana devs details the networks issues

Helius Labs is the blockchain infrastructure company that provides back-end support to the Solana network exclusively. Mumtaz noted in his X thread that it is crucial to understand the difference between the two issues.

He clarified that while design flaws are generally very serious, implementation errors are very easy to fix. According to recent data, more than 75% of non-vote Solana transactions appeared to have failed on April 4.

The issue has caused worries for traders and investors who are using the memecoin season to carry out massive amounts of transactions. However, a recent update has shown that the figure has dropped relatively to about 64%. Mumtaz noted that the issue is connected to the way the network developers implemented QUIC. QUIC is a data transfer protocol developed by Google to alert all the nodes about the current state of the network.

Impact of the issues on network performance

Using the design process of a car as an example, Mumtaz stated that the implementation issues should not be mistaken for a design flaw. He explained that even though all cars have four tires and an engine, there are different designs for specific cars according to their manufacturer’s specifications. Mumtaz noted that one cannot assume that all cars have issues if one, for example, BMW has issues with a part. He added that users can only say that the model of the BMW has issues and needs an urgent fix.

He also explained that during the implementation of its QUIC, there were certain bugs and deficiencies on the part of the network. However, he notes that Solana doesn’t have a design flaw, but only suffers from an implementation bug in a part of its design. Considering his example about a car, Solana needs a change of parts rather than a new reconstruction of an entirely different model. Mumtaz assured that the issue should be fixed by April 15 if no additional issues are discovered during testing.

He also clarified that the QUIC will be fixed before opting for a better solution at a later date. According to CoinMarketCap data, Solana’s native token SOL trades at $176, with a market cap of $79.9 billion.

Read the article at CryptoPolitan

Read More

Coinbase Announces Support for Neon EVM (NEON) on Solana Network

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In a major development for the Solana ecosystem, Coinbase, the leading cryptocurrency...
Apr, 30, 2024
< 1 min read
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Pantera Capital Invests in TON Network, Amount Undisclosed: Report

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In an official blog dated May 2, American hedge fund Pantera Capital announced its fi...
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< 1 min read
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