• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Solana intends to deploy Firedancer in 2025 amid increasing DePIN activity

Solana intends to deploy Firedancer in 2025 amid increasing DePIN activity

user avatar

by Eve Adams

a year ago


DePIN Solana Foundation leader Kulin Nimkar stated that Solana plans to release the full version of the Firedancer update in 2025, with "lite versions" available beforehand.

The update aims to enhance the reliability and scalability of Solana (SOL) as the activity of decentralized infrastructure protocols continues to grow.

We see a lot of promising deep projects that do everything, Kulin said about DePIN activities at DEFICON on May 23.

DePIN, or decentralized physical infrastructure networks, involves using blockchain to manage and operate physical infrastructure systems.

According to Kulin, the use cases for DePIN in the Solana ecosystem include protocols working on decentralized energy solutions, such as homeowners creating interconnected virtual power plants, as well as GPU networks and data collection. For example, some projects incentivize users to install browser extensions that scan the internet and collect data for training large language models.

Protocols driving DePIN activity on Solana include Helium (HNT), Hivemapper (HONEY), and Render (RNDR). Dune Analytics data shows the number of Hivemapper "cartographers" grew from about 30,000 connected drivers to nearly 67,000 in May 2024.

Total users

As node operators for the Hivemapper protocol, cartographers use dashboard-mounted cameras to capture video of streets and intersections while driving. These video data are then used to create maps for various purposes, including navigation. Cartographers are rewarded with the protocol's native token for their contributions.

Each of us has probably experienced looking at Street View and thinking, 'This is not at all what my neighborhood looks like.' The reason is how Street View is created, mainly with a fleet of cars owned and operated by Google. But owning and operating a fleet is really expensive. It's much cheaper to pay people who are already driving to collect this data, Kulin noted.

It is said that Solana's high transaction speed and low cost are incentives for DePIN projects, but network congestion and outages continue to create problems for developers. On February 9, the Solana network experienced another prolonged outage, causing nearly five hours of downtime.

One important thing is that we are paying a lot of attention to launching Firedancer, Kulin said about the independent validator client being developed in collaboration with Jump Crypto.

0

Share

Other news

BlockDAG: A Revolutionary Step for DAG Technologies in Finance

BlockDAG employs a unique combination of technologies to solve funding and transaction issues in the crypto world.

user avatarGiorgi Kostiuk

a minute ago

Negative Funding Rates on Binance and Potential Bitcoin Growth

Funding rates on Binance have become negative, suggesting a possible Bitcoin rally despite trader pessimism.

user avatarGiorgi Kostiuk

2 minutes ago

BlockDAG: 100M Tokens in Airdrop and ASIC Miners Sold

BlockDAG has launched a token airdrop and is actively developing its infrastructure, engaging users in testing and mining.

user avatarGiorgi Kostiuk

2 minutes ago

BlockDAG Achievements: 100M Airdrop and Impressive Growth

BlockDAG showcases significant achievements in the crypto market, including a 2,660% growth and a 100 million token airdrop.

user avatarGiorgi Kostiuk

3 minutes ago

Ethereum Considers Slot Time Reduction to Boost Transaction Efficiency

The plan to halve Ethereum's slot time could enhance transaction efficiency and reduce costs for DeFi and Layer 2 applications.

user avatarGiorgi Kostiuk

3 minutes ago

FalconX and Lynq: Collaboration in Institutional Crypto Settlement

FalconX and Lynq have announced a partnership to enhance institutional cryptocurrency settlements, focusing on security and efficiency.

user avatarGiorgi Kostiuk

4 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.