• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana Blockchain Upgrade and Network Optimization

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Canonical Responds to User Concerns Over AI Features

chest

Canonical addresses user concerns over AI features in Ubuntu, emphasizing privacy and user control.

user avatarElias Mukuru

User Backlash Against Ubuntu's AI Feature Announcement

chest

Ubuntu users express dissatisfaction with Canonical's plans to integrate AI features into the operating system, fearing a shift towards unwanted functionalities similar to those in Windows.

user avatarMohamed Farouk

Bitcoin's 2618 Pattern Activated Amidst Market Corrections

chest

The long-anticipated 2618 pattern for Bitcoin has officially activated, indicating a potential corrective phase in the market.

user avatarDiego Alvarez

New Escrow Service on XRP Ledger Announced

chest

XRPL validator Vet has announced a new escrow service that could soon launch on the XRP Ledger, enhancing benefits for token holders as Ripple continues to expand its network.

user avatarMaria Fernandez

XRP Treasury Firm Reports 8X Growth in Tokenized Treasuries

chest

Ripple-backed firm Evernorth reports an 8x growth in tokenized US Treasuries on the XRP Ledger, increasing from $50 million to $418 million in one year.

user avatarGustavo Mendoza

Ripple Expands Operations with New Headquarters in Dubai

chest

Ripple has opened a new regional headquarters in Dubai's International Financial Centre to enhance its operations in the Middle East and Africa.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.