Solana’s Developers have fixed the runtime bug that caused the recent outage of the Solana network.
According to a reports Solana’s recent network outage was caused by a bug in the durable nonce transactions feature which caused the network to stop producing blocks for roughly four and half hours.
The term durable nonce transactions refers to a type of transaction on the network that is designed to not expire, unlike a normal transaction on the network which usually has a short lifetime of around 2 minutes before a blockhash becomes too old to be validated.
This is used to support transactions tied to avenues such as custodial services which require more time than the usual to produce a signature for the transaction.
Solana Labs noted that durable nonce transactions require a separate mechanism to prevent double processing and are processed serially, however a runtime bug presented itself after a durable nonce transaction was processed as a regular transaction and failed, when re-submitted for the second time it resulted in the network coming to a halt.
The price of Solana’s SOL has dropped roughly 13.9% since the mainnet outage to sit at $39.08. Investor appetite to trade the asset has only increased, however, with 24-hour trading volume increasing by 61% to $2.141 billion.