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Author Topic: Is Solana failure resistant?  (Read 189 times)
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March 07, 2023, 09:19:37 AM
 #21

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?
No system is perfect and even blockchain and with the classification of the use cases of blockchain through different projects like solana, we're seeing the vulnerability of it depending on how it's built. Too many times have it failed and that's why in my eyes, it's not the project where I'll invest. I'll give some examples of the news that has been reported about its network outage issues.


Mind you that these outages did happened at different times.

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March 09, 2023, 03:08:30 PM
 #22

No system is perfect and even blockchain and with the classification of the use cases of blockchain through different projects like solana, we're seeing the vulnerability of it depending on how it's built. Too many times have it failed and that's why in my eyes, it's not the project where I'll invest. I'll give some examples of the news that has been reported about its network outage issues.
Yeah, no projects are perfect and so as Solana but I won't say it failed because the coin is still there and its team is trying to resolve the coins issue. I think that what's important there. Projects like that should earned our respect so they are the ones that we must invest with and not those projects that can only come and go.

I think it is simply time to forget about this project, just as eos, xem, and even bch were forgotten in their time.
BCH can be forgotten because this coin was only a fork of Bitcoin and it doesn't have much importance as EOS and XEM but I don't think people have forgotten them either. I haven't heard any major issues with them. These coins might only be sleeping because we are in a long-term bear market but once the bull market comes. I am sure that these two coins will woke up.

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March 09, 2023, 11:25:49 PM
 #23

~
Nothing is failure resistant. Especially Solana. Why do you think the last network outage of solana happened? Neither do i. Neither does the team so how is it failure resistant when it last failed 1 WEEK ago. Or maybe you are trying to ask something else because network failures doesn't mean that anyone is losing money or anything like that. Just that system is down, which is one huge failure to me.
Mostly the Solana outrage is due to its crappy coding and the bugs is causing all the outrages. We have seen multiple outrages and still they were not able to fix them and i doubt they will be able to fix them at all, if so they would have already done that and then had a bot attack and i am curious how they are going to fix all these issues and when they can reclaim their trust.
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March 10, 2023, 01:35:48 AM
 #24

No, Solana is not failure resistant. In the first place the Solana network has already experienced many failures in the past. It has gone through countless of network outage, for example. Solana's short history is like my lamp, it can be switched on and off. Lol.

Solana is not the kind of project that should be considered as failure resistant. Another reason for it is that Solana is centralized. Take a look at Solana's nodes. You also need to take a look at Solana's token distribution. It seems almost half of it is in the hands of the developers.
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March 10, 2023, 07:13:21 AM
 #25

There’s a talk about being centralized with SOL and probably that’s the problem with their blockchain technology when you compare this to Bitcoin. There’s no failure resistant, what we can see right now is a test from the market and with SOL they should be able to survive this. There’s a lot of things that they need to improve with SOL blockchain technology, and I believe they are already working with this one.
The nodes support is still low and they are developing which can take lot of time and improvements in the blockchain technology.The network has been halted many times like the last outage from one of servers for few hours was big loss to people who were unable to push any transaction at that time.So they need to focus a lot on all these things.

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March 10, 2023, 12:46:12 PM
 #26

Solana is a high-performance blockchain that uses a unique consensus mechanism called proof-of-history to achieve fast transaction processing times. However, it recently experienced a network outage due to a software bug, which resulted in the network being down for several hours.
This incident demonstrates that while blockchain technology is designed to be resilient, it is not immune to failures. It also highlights the importance of testing and auditing blockchain software to ensure that it is robust and secure. The success of a blockchain network depends on its design, implementation, and ongoing maintenance, and failures can occur due to a variety of reasons.
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March 10, 2023, 02:06:29 PM
 #27

We can't say it was a failure because we saw it dump today as we never know what will happen in the next couple of days.
Because many experts could tell us that Solana is one of the promising crypto projects. But of course, it can't escape from the dump and all projects have suffered that situation whether we like it or not. So, we could not assume it was a failure until such time that it collapse or became another shitcoins that has no market value and were rejected by major exchanges.

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March 11, 2023, 08:38:56 AM
 #28

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?
It is true that one of the main features of blockchain technology is its resistance to failure. However, this does not mean that blockchain networks are completely immune to failure. The design of a blockchain network and its underlying consensus mechanism play a significant role in determining the level of resilience to failure.
In the case of Solana, it experienced a series of outages in 2021 that raised questions about its failure resistance. These outages were caused by issues with its transaction processing system, which led to a cascading failure across the network. While Solana's consensus mechanism was designed to be highly scalable, the incident highlighted the need for proper testing and robust infrastructure to maintain resilience.

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March 12, 2023, 09:08:22 AM
 #29

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?
It is not, but it has proven so far that it could have failure and still go on. Being failure resistant means it can't fail, we have seen it fail and that is a terrible thing if you can't recover from it, like for example Luna failed and it failed, it didn't recover from that and it has been one of the reasons why bitcoin is low today.

However, SOL fails and then it recovers, acts as if nothing happened, and the community keeps supporting it no matter what happens to SOL as well. This is why I have to say that it is as close to failure resistant as it gets. Not exact meaning of failure resistant, but it is basically recovery-likely or whatever new word we can come up with for this situation Cheesy.

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