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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Defillama Releases New Report on Industry Metrics

chest

A new report has been released by Defillama, focusing on key metrics in the industry. This report aims to provide insights into the current trends and developments.

user avatarRajesh Kumar

Farside Enforces a Rigid Editorial Policy.

chest

Farside has announced a strict editorial policy focusing on accuracy, relevance, and impartiality to enhance reporting quality and build audience trust.

user avatarLucas Weissmann

New SEC Report Published.

chest

A report has been released based on information provided by the SEC, aimed at informing the public and increasing transparency regarding its activities.

user avatarFilippo Romano

Gal Gadot Embraces AI in New Bitcoin Thriller

chest

Gal Gadot stars in the AI-produced Bitcoin thriller 'Bitcoin Killing Satoshi', acknowledging the need to adapt to new technologies in film.

user avatarEmily Carter

Sorare Faces Legal Challenges Over Gambling Allegations

chest

Sorare is facing legal challenges from the Gambling Commission regarding its operations and the classification of its fantasy soccer game.

user avatarKaterina Papadopoulou

NCA Freezes £136 Million Linked to Premier League's Sponsorship Deal

chest

The UK's National Crime Agency has frozen over £136 million in a bank account belonging to the Premier League amid an investigation into a crypto sponsorship deal.

user avatarTomas Novak

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.