Solana Labs’ CEO Unveils Plans to Improve Network Upgrades After a 20-Hour Outage

Solana Labs’ CEO, Anatoly Yakovenko, recently revealed plans to improve network upgrades following a 20-hour outage that led to severe backlash from the community. While the root cause of the outage is still unknown, Yakovenko stated that the platform is committed to enhancing user experience by working with validators to improve the process for software release rollouts.

As part of the plan, an adversarial team has been formed, consisting of almost one-third of the core engineering team at Solana Labs, to double down on building additional hooks and instrumentation into the validator code to help detect exploits. The platform will also bring in additional external developers and auditors to test and find exploits and continue to support external core engineers, including Jump Crypto’s Firedancer team, which is developing a second validator client to increase the network’s throughput, efficiency, and resiliency.

Improving the restart process is another area of focus, with the core engineering team working on simpler procedures to solve different kinds of failures to improve the restart process. Meanwhile, Solana Labs has been working with third-party core engineering teams to focus on stability.

The outages have had an impact on Solana’s network activity, with NFT sales volume recorded to be 84.8 million, down by 57% over the past 30 days. Transactions also declined by nearly 30% during the same period, while buyers and sellers noted an uptick. The total value locked (TVL) in Solana was found to be a little over $257 million, according to the latest data compiled by DefiLlama, representing a 97% decrease since its peak in November 2021.

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