Solana releases mainnet beta update v1.17.31 to resolve congestion issues

cyptouser7 months agoCryptocurrencies News124
1205f261>

Solana developers have released a mainnet beta update, v1.17.31, to deal with the ongoing network congestion on the Solana blockchain.

The update was released on April 12, and now, after three days of testing, it is being recommended for general use by mainnet beta validators. 

This patch contains enhancements that will help with some of the ongoing network congestion and will be followed by further enhancements in v1.18.

The current version will help improve the network congestion and issues with the open interest jump. Some of the key upgrades include:

Show staked vs non staked packets sent down/throttledquic: use smallvec to aggregate chunks, save 1 alloc per packetBankingStage Forwarding Filtertighten the minimal streams per 100ms for staked nodeTreat super low staked as unstaked in streamer QOSdefault staked client in LocalCluster

Solana developer Anza asked validators to upgrade the latest patch only when there’s less than a 5% delinquent stake.

Delinquency on Solana refers to the inactive validators, and the percentage refers to the total stake for offline validators. Thus, validators are requested to install the updates only when there are less than 5% inactive validator stakes on the network.

Related: Over $1B in US Treasurys have now been tokenized on-chain

Amid a growing network activity and memecoin frenzy, Solana network faced congestion issues for nearly a week with a transaction failure rate as high as 75%. While developers were working on the fix, co-founder Solana noted that the ongoing network congestion issues were merely a bug rather than a network issue.

The Solana Foundation attributed current network congestion problems to various factors, including a large demand for Solana block space and a delayed implementation of patches to tackle network-related issues.

Solana Foundation strategy lead Austin Federa told Cointelegraph that developers have been working non-stop to fix the issue, but the network demand has outpaced the timely developer intervention.

However, Solana devs have developed a series of patches to tackle the ongoing issue, with the first released earlier today for developers.

Magazine: Bitcoin ETFs make Coinbase a ‘honeypot’ for hackers and governments — Trezor CEO

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’

Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’

55966e89˃The exploiter behind the $82 million Orbit Chain hack over New Year’s Eve has moved $47.7 m...

Is Bitcoin’s negative futures funding rate a sign of an upcoming BTC price crash?

Is Bitcoin’s negative futures funding rate a sign of an upcoming BTC price crash?

1205f261˃On April 18, Bitcoin (BTC) futures contracts exhibited significant demand for short (sell)...

Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week

Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week

Bitcoin  enters the last full week of July on an uncertain footing as $30,000 becomes resi...

Bitstamp to halt U.S. trading of seven tokens identified as securities by SEC in Coinbase, Binance c

Bitstamp said on Aug. 8 that it would halt U.S. trading for several cryptocurrencies...

Ripple XRP Lawsuit: Legal Battles Ahead for Crypto Company

Ripple is set for new legal battles after a US judge in California approved a lawsuit against the cr...

Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs

Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs

55966e89˃Ethereum layer-2 Optimism has implemented fault proofs into its smart contracts, according...