Fantom Solidarizes with Solana in the Face of Network Challenges

At a time of turmoil for the Solana network, which has recently faced significant transaction failures, Andre Cronje, the visionary mind behind Fantom, has come forward to express his support. Known for his prominent role in the world of decentralized finance (DeFi), Cronje highlighted the importance of looking beyond immediate problems and understanding the broader context of these difficulties.

According to Cronje, criticism of the congestion observed on the Solana network does not take into account the rapid growth of its ecosystem. This accelerated growth, while a positive sign of growing adoption and interest, inevitably increases the demand for block space, leading to technical challenges. “Performance issues are technical challenges, not failures of the consensus mechanism,” the co-founder said in a post on social platform X.

Seeing a lot of “I told you so’s” against Solana, because *checks notes* Solana currently has so much demand for blockspace that they need to optimize some bottlenecks (which also btw, is just an engineering hurdle and not a fault of consensus or any critical component).

Victim…

— Andre Cronje (@AndreCronjeTech) April 6, 2024

Data from Dune Analytics reveals that, as of April 4, approximately 75% of non-voting transactions on Solana were not completed successfully, a phenomenon driven by the recent memecoin craze on the platform. This situation generated a wave of discontent among users on social media, with many reporting failed transactions and a deterioration in the user experience.

However, the DeFi community, including other influential members, supported Cronje’s remarks, highlighting how the negative reaction to temporary usability issues contradicts the aspiration for wider adoption of blockchain technologies.

Anatoly Yakovenko, CEO of Solana, expressed his frustration with congestion challenges, which are more complex to resolve than simple system failures. “Resolving congestion issues is more challenging than complete failure of activity,” commented Yakovenko, highlighting the protracted nature of the process of testing and implementing updates necessary to mitigate such issues.

dealing with congestion bugs sucks so much more than total liveness failure. the latter is one and done, bug is identified and patched and chain continues. the former has to go through the full release and test pipeline. shipping fast is impossible 😭😭😭

— toly 🇺🇸 (@aeyakovenko) April 5, 2024

Solana is no stranger to outages; Since January 2022, the network has experienced several significant outages. The latest post-mortem report released by Anza, a Solana-focused software development company, points to a bug in the Just-in-Time (JIT) build cache as one of the causes of the outage in February 2024. Austin Federa , from the Solana Foundation, shared plans for a substantial system upgrade, aimed at improving the stability and performance of the network.

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