Solana is the “other” NFT blockchain behind the unmanageable Ethereum. A status that the altcoin struggles to accept and which sometimes upsets its network. The last network outage was attributable to robots specifically targeting NFT purchases. In order for these problems not to recur indefinitely, Solana Labs must review its copy accordingly. He’s working on it anyway.
The NFT robots are responsible for the failure!
We told you about 2 days ago, in fact the outbreak on the Solana network that lasted more than 7 hours was attributable to the NFTs. And this is not the first time that network failures on the Solana blockchain are attributable to the use of robots. This week’s break is also the seventh place the network has met since the beginning of the year.
If the blockchain competes with Ethereum in the DeFi segment, it is now one of its main competitors in the NFT segment. And this is not just good news, given the problems of using robots to beat these famous NFTs. The latest involves the use of Candy Machine, a tool that allows you to create NFTs in a very fast way.
Good to know: Remember that after Ethereum, the Solana blockchain is the most popular in the NFT market. Over the past 30 days, more than $ 300 million worth of NFTs have been traded through this blockchain. If the level is still 10 times lower than that of Ethereum, it is also 10 times higher than the blockchain Flow that occupies the third stage of the podium.
Because if this type of problem bothers the blockchain, it is above all because its protocol encourages bots to configure in this way. A feature well seen by the Solana Labs who therefore wish to review their copy.
How can a blockchain avoid these problems?
Following the outbreak, Solana Labs released a report. This explains the reasons for this failure and presents 3 concrete solutions to its solution. Solutions designed to improve network stability and resilience.
1 – Introduce preferential fees
To limit this type of episode, which has already caused a number of crashes, Labs has just announced that they are working on introducing priority fees. Charges that operate on the same principle as on the Ethereum network. So when the flow of transactions becomes important, the preferred transactions are those with the highest transaction costs. If the general idea remains the same as Ethereum, the implementation of the system may work in a different way. For this point of preferential charges, Solana Labs refers to “neighborhood charges” rather than “global charges”.
2 – QUIC
This acronym actually hides another protocol. Currently, the Solana blockchain has a UDP-based protocol. Through this protocol, transactions are transmitted between network nodes. The problem with the current system is that it is done without a connection. Understanding and lack of control over flows. And it is at this point that the QUIC protocol could find all its benefits.
Built by Google, QUIC provides the benefits of a UDP protocol while controlling flows as with TCP – type protocols.
3 – The “QoS” system.
This “QoS” system, which can be expressed as the weighted transaction of the transactions, is also at the heart of the solution to the problem. In order to use the bandwidth of the main network as efficiently as possible, Solana will therefore rely on priority. An essential element in ending the current practice of accepting all transactions on the “first come first served first served” principle.
Because it is a network that operates on the principle of Proof of Pledge, Solana will therefore extend the usefulness of the weighting of stakes to the quality of transaction services. More concretely, a node with a 0.5% participation will be able to transmit at least the same percentage to the leader. To develop this element, Solana’s developers primarily work on compatibility between QUIC and QoS.