Is Solana failure resistant? | Bitcointalksearch.org

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

It is not, but it has proven so far that it could have failure and still go on. Being failure resistant means it can't fail, we have seen it fail and that is a terrible thing if you can't recover from it, like for example Luna failed and it failed, it didn't recover from that and it has been one of the reasons why bitcoin is low today.

However, SOL fails and then it recovers, acts as if nothing happened, and the community keeps supporting it no matter what happens to SOL as well. This is why I have to say that it is as close to failure resistant as it gets. Not exact meaning of failure resistant, but it is basically recovery-likely or whatever new word we can come up with for this situation Cheesy

.

pgbit

sr. member

Activity: 771

Merit: 258

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

It is true that one of the main features of blockchain technology is its resistance to failure. However, this does not mean that blockchain networks are completely immune to failure. The design of a blockchain network and its underlying consensus mechanism play a significant role in determining the level of resilience to failure.
In the case of Solana, it experienced a series of outages in 2021 that raised questions about its failure resistance. These outages were caused by issues with its transaction processing system, which led to a cascading failure across the network. While Solana's consensus mechanism was designed to be highly scalable, the incident highlighted the need for proper testing and robust infrastructure to maintain resilience.

Hypnosis00

sr. member

Activity: 2478

Merit: 343

20BET - Premium Casino & Sportsbook

We can't say it was a failure because we saw it dump today as we never know what will happen in the next couple of days.
Because many experts could tell us that Solana is one of the promising crypto projects. But of course, it can't escape from the dump and all projects have suffered that situation whether we like it or not. So, we could not assume it was a failure until such time that it collapse or became another shitcoins that has no market value and were rejected by major exchanges.

wajik-tempe

sr. member

Activity: 1022

Merit: 252

Solana is a high-performance blockchain that uses a unique consensus mechanism called proof-of-history to achieve fast transaction processing times. However, it recently experienced a network outage due to a software bug, which resulted in the network being down for several hours.
This incident demonstrates that while blockchain technology is designed to be resilient, it is not immune to failures. It also highlights the importance of testing and auditing blockchain software to ensure that it is robust and secure. The success of a blockchain network depends on its design, implementation, and ongoing maintenance, and failures can occur due to a variety of reasons.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: crzy on March 04, 2023, 04:29:06 PM

There’s a talk about being centralized with SOL and probably that’s the problem with their blockchain technology when you compare this to Bitcoin. There’s no failure resistant, what we can see right now is a test from the market and with SOL they should be able to survive this. There’s a lot of things that they need to improve with SOL blockchain technology, and I believe they are already working with this one.

The nodes support is still low and they are developing which can take lot of time and improvements in the blockchain technology.The network has been halted many times like the last outage from one of servers for few hours was big loss to people who were unable to push any transaction at that time.So they need to focus a lot on all these things.

Fundamentals Of

sr. member

Activity: 2380

Merit: 366

No, Solana is not failure resistant. In the first place the Solana network has already experienced many failures in the past. It has gone through countless of network outage, for example. Solana's short history is like my lamp, it can be switched on and off. Lol.

Solana is not the kind of project that should be considered as failure resistant. Another reason for it is that Solana is centralized. Take a look at Solana's nodes. You also need to take a look at Solana's token distribution. It seems almost half of it is in the hands of the developers.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: o48o on March 04, 2023, 12:27:15 PM

~
Nothing is failure resistant. Especially Solana. Why do you think the last network outage of solana happened? Neither do i. Neither does the team so how is it failure resistant when it last failed 1 WEEK ago. Or maybe you are trying to ask something else because network failures doesn't mean that anyone is losing money or anything like that. Just that system is down, which is one huge failure to me.

Mostly the Solana outrage is due to its crappy coding and the bugs is causing all the outrages. We have seen multiple outrages and still they were not able to fix them and i doubt they will be able to fix them at all, if so they would have already done that and then had a bot attack and i am curious how they are going to fix all these issues and when they can reclaim their trust.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: passwordnow on March 07, 2023, 04:19:37 AM

No system is perfect and even blockchain and with the classification of the use cases of blockchain through different projects like solana, we're seeing the vulnerability of it depending on how it's built. Too many times have it failed and that's why in my eyes, it's not the project where I'll invest. I'll give some examples of the news that has been reported about its network outage issues.

Yeah, no projects are perfect and so as Solana but I won't say it failed because the coin is still there and its team is trying to resolve the coins issue. I think that what's important there. Projects like that should earned our respect so they are the ones that we must invest with and not those projects that can only come and go.

Quote from: fzkto on March 05, 2023, 03:32:56 PM

I think it is simply time to forget about this project, just as eos, xem, and even bch were forgotten in their time.

BCH can be forgotten because this coin was only a fork of Bitcoin and it doesn't have much importance as EOS and XEM but I don't think people have forgotten them either. I haven't heard any major issues with them. These coins might only be sleeping because we are in a long-term bear market but once the bull market comes. I am sure that these two coins will woke up.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

No system is perfect and even blockchain and with the classification of the use cases of blockchain through different projects like solana, we're seeing the vulnerability of it depending on how it's built. Too many times have it failed and that's why in my eyes, it's not the project where I'll invest. I'll give some examples of the news that has been reported about its network outage issues.

Mind you that these outages did happened at different times.

FireDAOJackie_Z

jr. member

Activity: 98

Merit: 2

Quote from: o48o on March 04, 2023, 12:27:15 PM

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

-cut-
Is it true that blockchain networks are failure resistant?
-cut-

Nothing is failure resistant. Especially Solana. Why do you think the last network outage of solana happened? Neither do i. Neither does the team so how is it failure resistant when it last failed 1 WEEK ago. Or maybe you are trying to ask something else because network failures doesn't mean that anyone is losing money or anything like that. Just that system is down, which is one huge failure to me.

Exactly. If any system frequently fails, how can we trust its reliability ? To me, any use of blockchain technology can not be separated from the use case in any product. The reasons we feel safe about where to put our money lie on not only the security of that place itself, but also the sense of security coming from how investors feel. Too much trouble means too many hidden problems for users' perspective and I am clear on this point.

IShishkin

member

Activity: 78

Merit: 28

Quote from: Luffygroove on March 04, 2023, 10:43:56 PM

Blockchain technology is designed to be resilient against failures, but it is not entirely immune to them. While blockchain networks do not rely on a central authority, they are still vulnerable to various types of failures, including technical errors, cyber attacks, and governance issues.

Solana's recent outage highlights the importance of properly addressing these issues to ensure the resilience of the blockchain network. In Solana's case, the outage was caused by a technical issue that affected the network's validators, leading to a temporary halt in transaction processing.

While some blockchain networks may be more failure-resistant than others, it is important to recognize that no technology is completely invulnerable to failures. It is important to continuously monitor and address potential vulnerabilities and to have contingency plans in place to minimize the impact of failures.

In summary, blockchain networks are designed to be failure-resistant, but they are not completely immune to failures. It is essential to take appropriate measures to address potential vulnerabilities and to have contingency plans in place to ensure the resilience of the network.

In the blockchain network, a failure or byzantine behaviour of few nodes shouldn't affect the rest of the network. The network can continue working despite technical issues on few nodes. Can we say the same thing about Solana?

IShishkin

member

Activity: 78

Merit: 28

Quote from: TastyChillySauce00 on March 04, 2023, 11:52:30 AM

Solana rely on central authority which is its developer lol. Its official site claimed to have more than 2400 validator nodes but the blockchain was always getting restarted and that means solana blockchain was true centralized blockchain. Is not it failure resistance was only applicable for truly decentralized blockchain like bitcoin? So many times solana blockchain got network outage

Nothing wrong here. The only wrong thing is you are taking solana as an example caused by basically solana was just a centralized blockchain that fully under control by its developers.

Thank you for your response.

I appeal to popular "educational content" which is full of vague descriptions. As we know, decentralised blockchain is more reliable alternative to centralised databases. Solana is called "blockchain" simply because its data is organised into blocks linked by hashes. Sometimes it's called "decentralized" due to whatever reason. However, we observe that Solana is quite unreliable. Could Solana be anywhere better or more reliable than centralised database from any perspective?

wheelz1200

legendary

Activity: 3780

Merit: 1418

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

Nothing is failure resistant. If something is claiming that it is I'd be weary and steer clear. Just because their are possible holes or entries for exploit doesn't make something bad either. I'm not completely up on Solana but have heard great things about the project.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

Quote from: GreenStox on March 04, 2023, 04:35:28 PM

In the case of Solana, there have been instances where the network experienced performance issues and downtime due to a surge in transaction volume. This has led to questions about the network's scalability and its ability to handle high levels of traffic.
but the most crutial thing that make solana dump is alameda research and ftx when both of them have a huge amount of holding solana, that make massive dump when the bad news about ftt token and ftx exchange.

I think it is simply time to forget about this project, just as eos, xem, and even bch were forgotten in their time. I agree that the Alameda fund has ruined Solana's reputation, but apart from that there will be new projects for the next cycle, for example Aptos has already managed to create a new hype.

vv181

legendary

Activity: 1932

Merit: 1273

I don't know fully what you mean by failure-resistant, but a perfect system is almost non-existent. We can't build things that are pitch-perfect which makes any errors or defects not exist. Taking the example of Bitcoin, there are various vulnerabilities that existed. Even in any system, that is man-made, complete perfection is unlikely to exist.

Regarding Solana, although I put high scrutiny on the latest network restart, I did not dig deeper into the actual development processes that practically happen, and its decision-making. Compared to others, Solana seems the prominent one who has the most problem with the networks, which is concerning. Suppose that Solana truly runs by its community, the foundation, and the developers, those three are surely the ones who are wrong.

Luffygroove

member

Activity: 966

Merit: 25

Ton Together | Save Smart & Win Big

Blockchain technology is designed to be resilient against failures, but it is not entirely immune to them. While blockchain networks do not rely on a central authority, they are still vulnerable to various types of failures, including technical errors, cyber attacks, and governance issues.

Solana's recent outage highlights the importance of properly addressing these issues to ensure the resilience of the blockchain network. In Solana's case, the outage was caused by a technical issue that affected the network's validators, leading to a temporary halt in transaction processing.

While some blockchain networks may be more failure-resistant than others, it is important to recognize that no technology is completely invulnerable to failures. It is important to continuously monitor and address potential vulnerabilities and to have contingency plans in place to minimize the impact of failures.

In summary, blockchain networks are designed to be failure-resistant, but they are not completely immune to failures. It is essential to take appropriate measures to address potential vulnerabilities and to have contingency plans in place to ensure the resilience of the network.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

Being resistant to failures is not the same as being exempt from them, those two are completely different terms, besides as it is known solana is a centralized coin and this means that if something fails then the whole network fails, we have experimented this many times before and it is one of the reasons many investors are very skeptic about the long term prospects of solana, as we never know when one of those failures could become critical and destroy whatever confidence is left on the coin.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

Failure resistance in considered to be an important feature of the blockchain technology. Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

There is no such thing as failure resistant. Every project is exposed to failure, it is that the developer are just doing their best for the project not to be a failure.

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.

What is wrong here? Is it true that blockchain networks are failure resistant?

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

As I stated there is no such thing a failure resistant. There is always a possibility that a project will fail especially if it is handled by incapable developers and leaders.

Captain Corporate

hero member

Activity: 2170

Merit: 575

People call centralized projects decentralized for some reason and I have absolutely no idea why. Like, its obvious and it's there and why are you still calling it a decentralized project. It is not failure resistant, and it's horrible the way it gets stuck as well, and yet for some reason, people still think that it could be considered decentralized. The moment you realize that Solana is not as good as you think it is will be the moment you will start making a profit, it's a second hand coin at best and should not be considered a great product. I am not saying do not invest in it, there are many people who will, and it could go up in price when it shouldn't and you can profit from that. All I am saying is, do not trust it for the long term.

JeromeTash

legendary

Activity: 2366

Merit: 1272

Heisenberg

Quote from: IShishkin on March 04, 2023, 10:58:46 AM

Common knowledge says that a blockchain network doesn't rely on a central authority and doesn't have a single failure.

Not all blockchains are decentralized. Decentralization is just a major feature of a few blockchains like Bitcoin.

Quote

However, we observe blockchain-solutions which fail on a regular basis due to various reasons. The notorious example here is Solana.
What is wrong here? Is it true that blockchain networks are failure resistant?

What do you expect from a coin that uses proof of Stake that is far from decentralization and very prone to manipulation?

Quote

Or, alternatively, is it true that we misclassify some blockchain-solutions and put a wrong label on a product? What is your opinion?

It's quite evident that people are easily misled into anything due to stupid hype.

Topic: Is Solana failure resistant? (Read 259 times)