VanEck Research Leader: Solana outage was due to BPF loader failure

Cointime2024/02/07 04:56

By: Cointime

According to ChainCatcher, Matthew Sigel, the head of digital asset research at VanEck, stated that the Solana outage was due to a failure in the Berkley Packet Filter (BPF) loader, which is the mechanism for deploying, upgrading and executing programs on Solana. This may be related to a previous SMID proposal that added an interceptor to prevent the use of metadata in BPF, as this metadata is no longer needed. This came from the 0093 upgrade, which had some kind of error. This error was noticed on the test net and a fix was created, but it has not been implemented yet due to testing reasons. Some speculate that someone manually triggered this error, causing Solana to crash.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14

New spot margin trading pair — LINEA/USDT!

Bitget Announcement•2025/09/11 10:04

VanEck Research Leader: Solana outage was due to BPF loader failure

You may also like

Trending news

Crypto prices