Solana Launches Mainnet Beta Update to Address Congestion

Key Takeaways

  • Solana releases Mainnet Beta update 1.17.31 to improve efficiency;
  • After three days of testing, it is now recommended for general use by Mainnet Beta validators;
  • The update addresses network congestion and high transaction failure rates caused by increased activity and memecoin frenzy.

Solana has introduced a new Mainnet Beta update, version 1.17.31, to resolve congestion issues on the blockchain.

After three days of testing since its release on April 12, the update is now recommended for general use by Mainnet Beta validators.

Crypto Token VS Coin (Animated Explainer & Examples)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

This update is part of an effort to handle the increased load on Solana’s network, which has recently suffered from high transaction failure rates due to a surge in network activity and a memecoin trading frenzy. The problems became so severe that transaction failure rates soared to 75% last week.

Solana has introduced these changes:

  • The ability to differentiate between staked and non-staked packets;
  • Implementing “smallvec” on the Quic protocol to aggregate chunks, reducing allocation per packet;
  • BankingStage Forwarding Filter;
  • Tighter controls on the minimal streams allowed per 100ms for staked nodes;
  • Treating super low-staked nodes as unstaked in streamer quality of service;
  • Default staked client in LocalCluster.

These enhancements are designed to improve network efficiency and reduce the bottlenecks that have led to transaction failures.

Solana developer Anza has asked validators to install the update when there is less than a 5% delinquent stake, which refers to the proportion of inactive or offline validators.

As the community implements these changes, the Solana ecosystem hopes these efforts will stabilize the network and restore efficient operation.

In other Solana-related news, former security engineer Shakeeb Ahmed was recently sentenced to three years for stealing over $12 million from Solana-based DEXs.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


#Solana #Launches #Mainnet #Beta #Update #Address #Congestion

Advertise here
Advertise here