To enhance the Solana blockchain's performance and address network strain, validators are advised to adopt a new stable version. Solana is preparing for another mainnet upgrade amid the surge in meme coin popularity and the increasing demand for Solana-based platforms. The team aims to relieve strain and congestion on the chain by urging validators to upgrade. Recently, Solana Status announced the v1.18.15 release for the mainnet upgrade, requesting the mainnet beta validators to transition to the latest version. The update brings significant enhancements, including the integration of Bump up to version 1.18.15, a stable release compatible with Mainnet Beta. The release incorporates metrics for threshold failures, resolves an issue hindering legitimate transactions from re-entering the queue, and includes certificate authority certificates in the docker image. Additionally, scheduler optimization, worker precompile verification, and the utilization of shallow threshold checks in consensus are part of the upgrade. Validators are reminded to monitor nodes closely, provide updates if the delinquent stake drops below 5%, and report encountered issues. Anticipation surrounds this upgrade as developers and validators await its deployment following previous network challenges. Despite SOL's price surge to $210 in March, subsequent fluctuations, attributed in part to the Federal Reserve's decision to delay rate reduction, have influenced the current trading value of SOL standing at $159.45. Notable crypto news today includes an analysis on high-risk loans on Aave and their impact on the DeFi sector.
Solana Blockchain Upgrade and Network Optimization

by Giorgi Kostiuk
2 years ago

Other news
GWEI Token Introduces Innovative Governance Mechanics for ETHGas

The GWEI token features a governance model that combines staking duration with voting rights, promoting active participation.

ETHGas GWEI Token Launch Aligns with Regulatory Trends in Digital Assets

The launch of the GWEI token occurs during a period of increasing regulatory clarity for digital assets, emphasizing utility through governance rights and potentially aligning with evolving regulatory frameworks.

ETHGas Launches GWEI Token to Transform Governance in Ethereum Block Trading

ETHGas has launched its native GWEI token, introducing a new governance model that ties voting rights to staking commitments.

BNY Mellon Launches Tokenized Deposits for Institutional Clients.

The Bank of New York Mellon has announced the offering of tokenized deposits, marking a significant step in the integration of traditional finance with the crypto market. This move is expected to enhance institutional investment in cryptocurrencies.

Bill Morgan Explains Ripple's Strategic Silence on XRP

Bill Morgan explains Ripple's strategic silence on XRP as a legal defense against regulatory scrutiny.

APEMARS Offers Unique Investment Opportunity

APEMARS offers a transparent presale model and community-driven growth strategies, integrating token burns and referral incentives to promote organic growth.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter