Solana records 1 outage in first half of 2023, 100% uptime in Q2
Layer-1 blockchain network Solana has revealed an enhancement in dependability and uptime so far this year only having one interruption in 2023, according to a report from the Solana Foundation.On July 20, the Solana Foundation released its latest efficiency report mentioning it has actually improved the network through the very first half of 2023, as determined by uptime and the ratio of non-voting-to-voting transactions.In previous years, Solana has been pestered with dependability and uptime concerns which its co-founder, Anatoly Yakovenko, has actually formerly called a “curse” however said the networks inexpensive deals were the reason for the outages.The latest report kept in mind Solana has actually experienced 100% uptime because Feb. 25, marking an entire quarter without a failure. The single February failure saw the network knocked offline for nearly 19 hours.Solana accomplished a 100% uptime in Q2, 2023 Source: SolanaThe report added there have been improvements in the ratio of voting to non-voting transactions. Ballot transactions happen when a validator votes to confirm several proposed blocks of information and non-voting transactions are triggered by user habits on the blockchain. “Over time, we would expect to see the ratio of voting to non-voting transactions go down because the general percentage of voting transactions need to drop as the network gets more efficient.” Blocktimes, which determine how rapidly new blocks are contributed to the chain, have also end up being more consistent aside from the spike throughout the failure. 1/ The Solana Foundation has actually released the most current @Solana Network Performance report.The Solana networks performance has actually enhanced through H1 2023, as measured by uptime, the ratio of non-voting-to-voting deals, & & more.Read the complete report: https://t.co/naOftyknLA pic.twitter.com/yI9Q8swWdT— Solana Foundation (@SolanaFndn) July 20, 2023.
Transactions per second (TPS) are likewise used to determine the networks efficiency and throughput. Solanas maximum day-to-day TPS has actually been climbing given that January with substantial boosts that correlate with brand-new network upgrades, it noted. Dune Analytics reports the existing figure on the network at 3,777 transactions per second. Related: Solana cost hits a 2023 high, but do strong fundamentals back the SOL rally?The Artemis control panel reports an everyday deal count of 19.2 million for Solana which has actually been the leader for this metric up until it was recently taken over by the Sui Network due to the appeal of a Web3 video game. The price of the blockchains native token, Solana (SOL), was down 4.5% on the day– around $25.50 at the time of writing, according to Cointelegraph information. The token has been performing well over the previous month with gains of 50% but remains down 90% from its November 2021 all-time high of $260. Magazine: How wise people buy dumb memecoins– 3-point prepare for success