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

2 years 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.

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

OKX Introduces Shield to Enhance User Security in Europe

OKX has launched a new initiative called OKX Shield aimed at improving exchange security for European users by requiring a hardening checklist for tiered financial protection against account takeovers.

user avatarAisha Farooq

Former Police Officer Charged in Zondacrypto Exchange Collapse

Former police officer Artur K has been charged with multiple offenses related to the collapse of the Zondacrypto exchange, including membership in an organized criminal group and aiding in the misappropriation of funds.

user avatarBayarjavkhlan Ganbaatar

Anchorage Digital Enhances Stablecoin Infrastructure with LayerZero Partnership

Anchorage Digital has partnered with LayerZero to enhance its regulated stablecoin infrastructure, enabling seamless crosschain movement of stablecoins.

user avatarMohamed Farouk

ARK Venture Fund Receives SEC Approval for Innovative Investment Classes

ARK Venture Fund has received SEC approval to create two new investment product classes: Exchange Class and Tokenized Class.

user avatarElias Mukuru

Sui Maintains Over $1 Billion in DeFi Liquidity

Sui continues to hold more than $1 billion in decentralized finance liquidity, with active on-chain trading.

user avatarDiego Alvarez

EigenLayer Surpasses $11 Billion in Total Value Locked

EigenLayer has achieved a significant milestone by moving back above the $11 billion mark in total value locked, indicating strong economic security in the Ethereum restaking sector.

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.