Solana

April

Solana developers are targeting April 15 to implement a fix for an “implementation bug” that recently caused the transaction failure rate on Solana to skyrocket.
“Solana’s current issue is not a design flaw, it’s an implementation bug,” stressed Mert Mumtaz, the CEO of Helius Labs, a blockchain infrastructure firm that provides back-end support exclusively to the Solana network.
“It is important to make this distinction because implementation errors are usually trivial [while] design errors are generally serious and more fundamental,” Mumtaz explained to his 108,000 X followers on April 8.
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-04/fcba9756-5d34-4324-adab-5baa119aa257.jpg" alt="" title="">
 <figcaption style="text-align: center;">
 Source: <a href="https://x.com/0xMert_/status/1777400489488900102" target="_blank" rel="noopener nofollow">Mert Mumtaz</a>
 </figcaption>
</figure>
<a href="https://dune.com/scarn_eth/solana-tx-fail-rate" target="_blank" rel="noopener nofollow">Data</a> showed that over&nbsp;<a href="https://cointelegraph.com/news/solana-struggling-record-seventy-five-percent-trasnactions-fail-memecoin-mania">75% of non-vote Solana transactions failed</a> on April 4 amid the&nbsp;<a href="https://cointelegraph.com/news/bitcoin-bull-run-weirdest-in-history-memecoin-surge">recent memecoin mania</a> on the network, but that figure has since fallen to 64.8%.
Mumtaz said the issue concerns the way in which Solana developers implemented “QUIC” — a Google-developed data transfer protocol that loops all nodes in on the current state of the network.
But this implementation issue shouldn’t be seen as an overall design flaw, according to Mumtaz, using car design as an example to explain the situation.
All cars have four tires and an engine, but “there are many implementations of the car design,” like BMW, Mercedes, Toyota, F1 and Tesla, he explained.&nbsp;
If one BMW model is poor at steering, then “we don’t say that all cars are flawed” — instead, we say that specific model is broken and needs a fix, he added.
Similarly, Solana’s implementation of QUIC has certain deficiencies and bugs in its current state, Mumtaz explained.
<blockquote data-ct-non-breakable="true">
 “However, that doesn’t mean ‘Solana’ has a design flaw — it means it chose a buggy implementation for this part of its design.”
</blockquote>
In other words, Solana needs to change a tire rather than recreate an entirely new model or network in blockchain terms.
Related: <a href="https://cointelegraph.com/news/trader-turns-13k-2-million-within-1-hour-memecoin-frenzy">Trader turns $13K into $2M within 1 hour as memecoin frenzy continues</a>
Mumtaz also shared a comment by Solana researcher Richard Patel, who believes Firedancer’s implementation doesn’t suffer from the same issues:
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-04/b6eba600-03e6-47e6-9c43-bad5a023e773.jpg" alt="" title="">
 <figcaption style="text-align: center;">
 Source: <a href="https://x.com/0xMert_/status/1777400489488900102" target="_blank" rel="noopener nofollow">Mert Mumtaz</a>
 </figcaption>
</figure>
The fix will take place on April 15, should no additional issues come about in testing, Mumtaz noted.
A reconfiguration of QUIC will likely take place on April 15 before it is replaced with a superior solution at a later date, Mumtaz told Cointelegraph.
Solana’s network failures have prompted community concern, given Solana’s (<a href="https://cointelegraph.com/solana-price-index">SOL</a>) token boasts a market cap of $79.9 billion, while an additional $4.6 billion in value is locked on the network, <a href="https://defillama.com/chain/Solana" target="_blank" rel="noopener nofollow">according</a> to DefiLlama.
Magazine: <a href="https://cointelegraph.com/magazine/memecoins-make-millionaires-terraform-do-kwon-liable-for-fraud-hodlers-digest-march-31-april-6/">Memecoins make millionaires, Terraform and Do Kwon liable for fraud, and more: Hodler’s Digest, March 31 – April 6</a>

Solana devs target April 15 for failed TX fix — It’s ‘not a design flaw’

Cointelegraph

Other articles published on Apr 9, 2024

Solana Targets April 15th to Address Transaction Failure Surge

Unveiling Crypto Passive Income – Three Cryptos To Buy Now Ahead of the Bull Run

Crypto Tycoon Mike Novogratz Alarmed by Potential Interest Rate Decisions

Can Dogecoin Price Hit $1 As Bitcoin Halves?

BlockDAG V2 Whitepaper Launch Gets Investors’ Attention for 20,000x ROI Amid TRX Declines & EOS I...

OKX Ventures Invests in Zeus Network, Boosting Altcoin’s Price

Join our free newsletter for daily crypto updates!