Solana To Be “Restarted” By The Validator Committee After Several Hours Downtime

Share on facebook
Share on twitter
Share on linkedin

It’s a difficult day for Solana as the smart contracts blockchain encountered “excessive load and memory consumption” which caused repeated network forks and nodes going offline, during a significant event starting on Sep 14 and still continuing, after bots spammed the network with high number of transactions, bringing the network down. Currently, the blockchain has been down for over 7 hours and the elected validator committee is planning to restart the chain, an event likely to be a full blown chain rollback.