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
a year ago

Other news
Understanding the Risks of Index Fund Investing

Investors may overlook the differences between index funds, leading to complacency and potential losses.

The Rise of Index Fund Investing

Index fund investing, popularized by John Bogle, offers a low-cost and diversified strategy for investors.

Solana Emerges as a Strong Contender Amid Bitcoin's Struggles

Solana continues to thrive as a high-throughput Layer 1 blockchain, attracting institutional interest even as Bitcoin faces challenges.

BlockchainFX Launches LICENSE50 Bonus Promotion

BlockchainFX has introduced the LICENSE50 promo code, offering buyers a 50 token bonus until November 20th, driving significant demand.

Remittix Faces Challenges in User Adoption

Remittix faces challenges in user adoption despite new remittance corridor expansions.

IOTA Partners with Global Organizations for Pan-African Trade Initiative

IOTA partners with global organizations to enhance digital trade across Africa through the ADAPT initiative, aiming to double intra-African trade by 2035.

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