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Topic: Is Solana failure resistant? (Read 248 times)

hero member
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March 12, 2023, 04:08:22 AM
#29
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.
sr. member
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March 11, 2023, 03:38:56 AM
#28
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.
sr. member
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March 10, 2023, 09:06:29 AM
#27
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.
sr. member
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March 10, 2023, 07:46:12 AM
#26
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.
full member
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March 10, 2023, 02:13:21 AM
#25
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.
sr. member
Activity: 2380
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March 09, 2023, 08:35:48 PM
#24
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.
hero member
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March 09, 2023, 06:25:49 PM
#23
~
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.
sr. member
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March 09, 2023, 10:08:30 AM
#22
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.

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.
hero member
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March 07, 2023, 04:19:37 AM
#21
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.
jr. member
Activity: 98
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March 07, 2023, 03:46:38 AM
#20
-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.
member
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March 05, 2023, 08:33:06 PM
#19
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?
member
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March 05, 2023, 07:26:33 PM
#18
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?
legendary
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March 05, 2023, 03:38:23 PM
#17
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.
sr. member
Activity: 2282
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March 05, 2023, 03:32:56 PM
#16
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.
legendary
Activity: 1932
Merit: 1273
March 05, 2023, 01:48:30 PM
#15
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.
member
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March 04, 2023, 10:43:56 PM
#14
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.





legendary
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March 04, 2023, 08:08:20 PM
#13
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.
hero member
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March 04, 2023, 06:22:45 PM
#12
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.

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.
hero member
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March 04, 2023, 04:52:31 PM
#11
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.
legendary
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March 04, 2023, 04:47:15 PM
#10
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.
sr. member
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March 04, 2023, 04:35:28 PM
#9
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.
full member
Activity: 2128
Merit: 180
March 04, 2023, 04:29:06 PM
#8
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.
hero member
Activity: 2842
Merit: 772
March 04, 2023, 04:15:35 PM
#7
As others have pointed out, Solana has been done several times since it's existence. So they are not failure resistant. But there could be projects that runs <100%.

And if I'm not mistaken, LTC for example is 100% and Bitcoin at 99.98%.

Probably there is no perfect blockchain or failure resistance project specially those that are centralized like Solana.
hero member
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March 04, 2023, 02:24:34 PM
#6
Nothing is failure resistant. I think think that solana have higher failure resistant since it is not decentralized and the developer or the team behind it can prevent any situation that could be bad for solana and for the holders. There could be imperfections since it is not that old and there could be new changes or new development that the team has made. There are some devs that are not competent like the others so you can't just trust them with your money or funds.
full member
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March 04, 2023, 01:52:21 PM
#5
I believe Solana's blockchain technology is relatively new, still imperfect and still in development.  I also remember there were some cases of unstable work in this network, so I don’t think everything is so simple with this network.

Or did everyone forget about when this network just disconnected from overload?)
legendary
Activity: 3276
Merit: 2442
March 04, 2023, 12:32:07 PM
#4
Solana has stopped serving multiple times. Bitcoin has been around way loner than Solana and never ever stopped working. (Maybe only during its very early days but that doesn’t count)

Why would anybody in the right mind trust Solana with their money?

Apparently Solana’s devs aren’t competent with what they are doing. I wouldn’t touch a project like that with a 10ft pole.
legendary
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March 04, 2023, 12:27:15 PM
#3
-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.
legendary
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March 04, 2023, 11:52:30 AM
#2
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.
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


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

The only blockchain is very often to be restarted by its developers

Developers who operate and maintain the Solana blockchain restarted the crypto network after a technical problem triggered an hours-long slowdown over the weekend.

member
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March 04, 2023, 10:58:46 AM
#1
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?
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