Solayer Introduces InfiniSVM: New Solution for Solana

user avatar

by Giorgi Kostiuk

2 years ago

Solayer, a leading protocol in the Solana ecosystem, unveiled InfiniSVM, referred to as “the grand finale of Solayer’s vision.” This solution leverages hardware-accelerated Solana Virtual Machine (SVM) technology and promises impressive efficiency.

What is InfiniSVM?

InfiniSVM is designed for dynamic scalability in response to application demands, achieving a transaction confirmation time of just 1 millisecond at launch. At its core, the Solana blockchain leverages the Solana Virtual Machine (SVM), which utilizes a parallel processing model to accelerate thousands of transactions per second, making it ideal for decentralized applications.

Technological Features of InfiniSVM

InfiniSVM employs a multi-execution cluster architecture combined with software-defined networking, achieving impressive speeds of up to 100Gbps. Its novel consensus mechanism known as “proof of assigned stake” ensures rapid transaction verification. This innovative approach positions Solana as a leader in high-performance blockchain solutions.

Partnership with Bitget

Recently, Solayer partnered with Bitget to launch a liquid staking service for Solana (SOL). The new service allows users to stake SOL via the BGSOL liquid staking token, earning rewards while keeping assets flexible for trading or lending in DeFi activities.

Solayer and its InfiniSVM present new opportunities for the Solana network, paving the way for developing Layer 2 solutions and new blockchains while maintaining high performance and tailoring functionalities for specific use cases.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Uniswap Developer Analytics: A New Tool for Enhanced User Engagement

Uniswap Labs has launched Developer Analytics, a new feature for developers to analyze requests, error counts, and transaction volumes, aimed at improving user retention and overall developer experience.

user avatarEmily Carter

Uniswap Labs Introduces Developer Analytics to Enhance Dashboard Experience

Uniswap Labs has launched Developer Analytics on October 28, 2023, adding new reporting features to its developer dashboard to enhance the developer experience.

user avatarTomas Novak

Bitcoin ETF Outflows Show Contrasting Trends as October Ends

US spot Bitcoin funds faced significant withdrawals at the end of October, with BlackRock's fund attracting nearly $1 billion in net inflows, highlighting contrasting trends in investor demand.

user avatarKaterina Papadopoulou

Theft of iPhone Leads to Significant Financial Loss for Cryptocurrency Executive

Theft of iPhone leads to significant financial loss for cryptocurrency executive Magnus Ahmad, who lost approximately $14,000 after his unlocked device was stolen, resulting in unauthorized access to his financial accounts.

user avatarMaya Lundqvist

Shopify and Coinbase Introduce New Payment Protocol for Merchants

Shopify and Coinbase have launched a Commerce Payments Protocol enabling eligible merchants to accept USDC through Shopify Payments.

user avatarLeo van der Veen

Shopify's Commerce Payments Protocol Sees Over 42 Million Payments

Shopify's Commerce Payments Protocol has recorded over 42 million net settled payments and 448,000 tracked payments as of October 2, highlighting its significant activity and potential.

user avatarLi Weicheng

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.