An altcoin project that has crashed frequently since last year is again in the dark. Now, a cloud service provider is banning node operators. 40% of nodes went offline.
Node crisis in this altcoin project
Solana (SOL) defined itself as a decentralized censorship resistant network. But it largely depends on cloud services. Yesterday, one of Solana’s mainnet providers decided to discontinue Solana node operators. It took all nodes offline.
Hetzner Online GmbH, one of the network’s largest node operators, has shut down more than 1,000 Solana nodes overnight. Many of the carriers are now operating normally, thanks to other cloud services. However, there is no guarantee that a similar event will not occur in the future.
The decision to shut down one of the largest node operators, Hetzner Online GmbH, was close to crashing the network. A total of 39% of the network stake must be lost for Solana’s consensus mechanism to stop. Along with Hetzner, 20% of the network’s total stake disappeared. Had the company’s other two major providers, AWS and Equinix, joined, 65% of Solana’s stock would have been destroyed.
Hetzner had signaled that he would make such a move.
Hetzner suddenly took the node operators offline without warning. But the company’s stance towards Blockchain networks was already known earlier this year. A company spokesperson confirmed that the network provider is not allowed to run nodes on Hetzner bandwidth, in a Reddit post:
It is forbidden to use our products in any way, even tangentially, in mining related applications. This includes Ethereum. It includes PoS and PoW and related applications. It includes trade. It is valid for all our products except colocation. Even if you only run one node, we consider it a violation of our Terms of Service.
The above message did not reach all Solana node operators. This situation could have been avoided if the node operators had been warned in advance. The Solana node outage was a widespread warning even if it did not cause permanent damage to the network. The altcoin project has been constantly interrupted since last year. The most recent was the 1-hour outage in early June.
Solana network outages
cryptocoin.com As we have reported, the Solana network was down for an hour on June 1st. During the process, validators on the Solana network did not process new blocks for at least four and a half hours yesterday. This occurred because the validators were unable to reach consensus and therefore the network stopped and failed to register new transactions.
As a result, apps based on the Solana network, one of Solana’s main use cases, have been taken offline. Its price has lost more than 10% in this period. The last node crisis did not have such an effect.
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