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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

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    Volume Plunges While Transactions Soar

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    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

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    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

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    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

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    Boxed Memecoins as Collectible Toys

    Hype fades as NFT platforms lose users

    Hype fades as NFT platforms lose users

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

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    Taking Back Identity: How MocaChain Decentralizes Digital Power

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

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    Qitmeer Network Forges Partnership with Onmi to Bolster Web3 GameFi Space

    Why Are So Many Crypto Games Shutting Down? Experts Weigh In

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  • Blockchain
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  • Guides
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Home DeFi

Solana developers rally to combat network congestion

April 8, 2024
in DeFi
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Solana developers rally to combat network congestion
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In recent days, the Solana network has suffered from congestion issues, leading to noticeable delays in transaction processing and the cancellation of a large number of transactions.

Users of the popular Phantom wallet app on Solana and other apps have been alerting users to traffic congestion and advising them to expect longer wait times before their transactions are completed.

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The network congestion is largely due to an influx of spam transactions, with bots trying to prioritize their activities over those of regular users. This problem is exacerbated by a dramatic increase in transactions associated with newly released memecoins, creating extraordinary demand for the network’s block space and hindering access for many users.

In the first quarter of 2024, the Solana blockchain saw a significant increase in memecoin activity, and the number of new tokens appearing on Solana DEXs reached an all-time high during this period.

This increase in activity, largely driven by meme coins, underlines the increasing interest in Solana among new and retail users, attracted by the network’s affordable transaction fees. However, the influx of spam transactions has proven to be a bottleneck for the network.

Matt Sorg, technology and product leader at the Solana Foundation, pulled a comparison between Solana’s architecture and the infrastructure of the Internet. In Solana’s setup, individual validators process transactions without the use of a mempool, similar to how IP endpoints and servers work on the Internet.

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Sorg explained that the network sends transactions directly to block leaders, bypassing any staging model or mempool that allows transactions to wait before being added to the chain. He suggested that an overload of spam transactions could overwhelm this system, leading to many transactions being halted.

“There is an issue with this process on Solana that leaves a user without a reliable way to have transactions included in blocks. Existing systems for fees and stake-weighted trades are not being achieved,” Sorg said wrote in an X message.

Strategies to combat congestion

In response to these challenges, Solana’s development team is creating effective solutions, and software patches are already underway, but this will take some time. according to co-founder Anatoly Yakovenko.

“The Solana network is once again being put to the test with a huge influx of traffic. Bug fixes will be rolled out over the next week and things will improve,” continued Austin Federa, strategy lead at the Solana Foundation. noted.

This current congestion may extend into the network’s infrastructure, affecting users’ ability to interact with the blockchain. In this regard, Anza, the developer of one of Solana’s Agave validator clients, Will introduce solutions to specific problems related to QUIC implementation. These updates are expected to improve client performance, especially in high request volume scenarios.

Another important step forward is the planned release of update 1.18, scheduled for April. This update introduces improvements to make transaction scheduling more deterministic, with the aim of streamlining processing and reducing bottlenecks.

Then there is the matter of introducing priority fees. Numerous applications running on Solana currently do not use priority fees, leading to transactions being delayed or not processed. Integrating dynamic priority compensation into dApps will help address user experience issues, a March blog post from Solana Labs mentioned.

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Tags: CombatcongestionDevelopersnetworkrallySolana

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Move over Bitcoin, whales now prefer Ethereum – Here’s why

Move over Bitcoin, whales now prefer Ethereum – Here’s why

March 4, 2024
Riot Platforms Sells $44 Million in Bitcoin Amid Mining Industry Headwinds

Riot Platforms Sells $44 Million in Bitcoin Amid Mining Industry Headwinds

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Get Ready: Champions Tactic Free Mint – Don’t Miss Out!

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The Future of Web3 Social Media and Digital Communication

The Future of Web3 Social Media and Digital Communication

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