Solana records 1 outage in first half of 2023, 100% uptime in Q2

Layer-1 blockchain community Solana has proven an enchancment in reliability and uptime thus far this yr solely having one outage in 2023, in accordance with a report from the Solana Basis.

On July 20, the Solana Basis launched its newest efficiency report stating it has improved the community by the primary half of 2023, as measured by uptime and the ratio of non-voting-to-voting transactions.

In earlier years, Solana has been plagued with reliability and uptime points which its co-founder, Anatoly Yakovenko, has beforehand known as a “curse” however stated the community’s low-cost transactions have been the reason for the outages.

The most recent report famous Solana has skilled 100% uptime since Feb. 25, marking an entire quarter with out an outage. The only February outage noticed the community knocked offline for nearly 19 hours.

The report added there have been enhancements within the ratio of voting to non-voting transactions. Voting transactions happen when a validator votes to verify a number of proposed blocks of data and non-voting transactions are triggered by person conduct on the blockchain.

“Over time, we’d count on to see the ratio of voting to non-voting transactions go down as a result of the general proportion of voting transactions ought to drop because the community will get extra environment friendly.”

Blocktimes, which measure how shortly new blocks are added to the chain, have additionally change into extra constant other than the spike throughout the outage.

1/ The Solana Basis has launched the latest @Solana Community Efficiency report.

The Solana community’s efficiency has improved by H1 2023, as measured by uptime, the ratio of non-voting-to-voting transactions, & extra.

Learn the complete report: https://t.co/naOftyknLA pic.twitter.com/yI9Q8swWdT

— Solana Basis (@SolanaFndn) July 20, 2023

Transactions per second (TPS) are additionally used to measure the community’s efficiency and throughput. Solana’s most each day TPS has been climbing since January with vital will increase that correlate with new community upgrades, it famous. Dune Analytics reviews the present determine on the community at 3,777 transactions per second.

Associated: Solana value hits a 2023 excessive, however do robust fundamentals again the SOL rally?

The Artemis dashboard reviews a each day transaction depend of 19.2 million for Solana which has been the chief for this metric till it was not too long ago usurped by the Sui Community because of the reputation of a Web3 sport.

The worth of the blockchain’s native token, Solana (SOL),was down 4.5% on the day — round $25.50 on the time of writing, in accordance with Cointelegraph information.

The token has been performing nicely over the previous month with good points of 50% however stays down 90% from its November 2021 all-time excessive of $260.

Journal: How good individuals spend money on dumb memecoins — 3-point plan for fulfillment