The CEO of Solana Labs has revealed the upgrade plan for the altcoin. Anatoly Yakovenko said that solving network performance issues is the highest priority for developers and validators.
- Anatoly Yakovenko, CEO of Solana Labs, addressed concerns about Solana’s network performance in a Twitter thread today.
- Yakovenko said updates to fix the issues will be “available in the next 4-5 weeks”.
- Some upgrades have already been implemented and more are on the way.
Earlier today, Solana Labs CEO Anatoly Yakovenko addressed the network issues Solana has been experiencing in recent weeks. It also provided a timeline for relevant network updates. Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…
Solana Labs CEO has given the upgrade dates for the altcoin!
Solana Labs CEO weighed in on recent network issues. Anatoly Yakovenko, co-founder and CEO of Solana Labs, published a tweet series today that addresses the latest performance issues of the popular altcoin Solana’s network. He wrote that updates to address these issues will be implemented in four to five weeks. Yakovenko first identified that spam problems were caused by “liquidators” that block single nodes with duplicate messages at over 2 million packets per second.
This introduced a network error for duplicate processing: the deduplication code will be executed too late (after signature verification) and will take too long to take effect (100 microseconds per packet). Yakovenko wrote that although this bug was addressed in version 1.8.14, it was untenable at 2 million packets per second. In today’s live Twitter Spaces, Yakovenko stated that the actors behind the spam were probably not malicious; they’re just running their algorithms.
What will change in Solana?
Despite the escalation, Yakovenko wrote that liquidator spam still causes “clarity”: that is, the phenomenon of congestion on a network made worse by the fact that users who are aware of the congested state of the network try to send several transactions to the Blockchain. A very short window of time in the hope that one or both will succeed, thus placing even greater demands on the network. Yakovenko wrote that to address this particular issue, engineers will introduce “flow control” in the 1.9 testnet for stress testing and adjusting parameters.
The team will later introduce the upgrades to the 1.8 mainnet. These upgrades are expected to happen in four to five weeks. While popular altcoin Solana’s network hasn’t crashed again since the 18-hour outage in September that required network validators to cooperate to restart the network, it has faced several congestion issues in the past two months. These network traffic jams led to costly consequences, with many users liquidated by the market drop last weekend and unable to re-collateralize their positions.
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