Solana and Arbitrum goes offline while Ethereum evades attack

Ethereum rival and another well-known name in the crypto industry Solana has shed 15% of its Value and suffered from denial-of-service disruption.

Solana and Arbitrum goes offline while Ethereum evades attack

Twitter account of Solana has announced that Solana’s mainnet beta has been facing intermittent instability over a 45-minute period which has been announced on Sept 14 at 12:38 pm UTC.

After the announcement and taking 6 hours to explain the issue Solana told that a large transaction load which was up to 400,000 per second had made a network very disrupt by denial of service and cause the network to start forking.

Where Solana’s engineers were unable to stabilize the network, their validator community selected an option of restarting the networking.

Solana faced and dump of the price which was around 15% of its price where it was traded at $175 prior it goes up to $145 and the outage saw this dump in a very quick time.

Solana is not the only high-profile crypto network to have suffered downtime on Sept. 14, with the Ethereum layer two roll-up system Arbitrum.

One reporting its sequencer had gone offline for roughly 45 minutes.

The team attributes the downtime to a “bug causing the sequencer to get stuck” after a very large batch of transactions were submitted to the Arbitrum sequencer over a short period of time.

According to the developer, only a small number of Nethermind nodes were tricked into switching to the invalid chain, with all other clients having “rejected the long sidechain as invalid.” All affected nodes have since reorganized back to the correct chain.

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