Block production on the open-source layer-1 blockchain Solana slowed down on February 25 as a result of a validator software update. Around 6:00 AM (UTC), a technical problem forced validators to downgrade to version 1.13 in an attempt to restore transactions. A root cause analysis is still being carried out by engineers. The Solana network is currently restarting, and to resume operations is necessary 80% of active stake online. Following the incident, Solana’s validators talked about a fix for it for a few hours, illustrating how decentralized the network is.
Solana faces slowdown in block production, network restarted