Skip to content

CERTAIN COLD STORAGE TRANSACTIONS LEAD TO A HALT IN THE SOLANA BLOCKCHAIN.

  • by

Certain cold storage transaction lead to a halt in the Solana blockchain.

Solana validators restart the network after hours of downtime by disabling what’s called a durable nonce transaction that has found favor among exchanges. The Solana network went off on Wednesday caused by a bug responsible for niche transactions. This transactions occupy a certain percentage of transactions in the blockchain that is designed for offline use cases. Solana validators had to restart the network after disabling the durable nonce transactions. This may have ramifications for offline custodians whose transaction falls under this category. It should be of note that a number of exchanges reported problems with Solana deposits and withdrawals; these exchanges include Binance ,Coinbase, Crypto.com..

Copyright © The Solide project 2022. Website design by Uhuru Labs.