š¤: Some In Solana Community Still Seething
The good news for Solana is that a critical vulnerability in its Token-2022 standard was successfully patched last month, allowing the network to avert potential disaster. But despite what was, technically, a victory, the incident's hush-hush nature spawned a backlash.
One community member, Clouted, first called attention to the private nature of the patch coordination. āAm I hearing this right?" Clouted said on X on April 17. "There was a zero-day on Solana mainnet and ... [less than 70%] of validators privately colluded to upgrade and patch the critical bug ... before it was even made public?ā
And then a vocal Ethereum community member, Ryan Berckmans, chimed in with a warning about such coordinated efforts which can compromise decentralization.
But defenders of discreetness, including Anatoly Yakovenko, CEO of Solana Labs, pointed out how Bitcoin quietly patched a serious inflationary bug in 2018. That incident appeared to show how coordinated, non-public fixes are "sometimes the only viable approach in the face of critical vulnerabilities," said Coin360.
This entire discussion continues to generate unwanted attention as Solana awaits word of a possible spot SOL ETF. Solana is on a roll, awash in dApp activity. So much so that Solana led the blockchain sector in terms of total revenue during Q1.
Its native token, SOL, however, has shed 4% over the past two weeks as it struggles to stay above $150. SOL's all-time high of $293.31 came on January 19, according to CoinGecko.