SIMD 0228

Solana to Undergo Major Upgrades SIMD-0123 and SIMD-0228, Validator Earnings May Plummet by 95%?

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Solana to Undergo Major Upgrades SIMD-0123 and SIMD-0228, Validator Earnings May Plummet by 95%?

Solana is set to undergo two significant upgrades aimed at enhancing network stability and adjusting the inflation mechanism, but these changes may drastically reduce validator earnings, particularly impacting smaller node operators, sparking discussions within the community. VanEck: Lowering Inflation Aids Long-Term Development, but Small Validators May Be Impacted According to analysis from asset management giant … Read more

Solana Foundation Chair: Proposal SIMD-0228 is Not Mature and Will Negatively Impact SOL During Critical Growth Periods

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Solana Foundation Chair: Proposal SIMD-0228 is Not Mature and Will Negatively Impact SOL During Critical Growth Periods

Solana Foundation Chair Lily Liu commented on the “Solana Improvement Proposal SIMD-0228,” stating, “The SIMD-0228 proposal is not very mature and will negatively impact SOL during critical periods of asset growth. Changing network parameters may benefit network security but be detrimental to assets, and vice versa. We need to view significant changes from a systemic … Read more

The Failure of Solana’s SIMD-0228 Proposal: Governance Challenges Amidst Node Interests

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The Failure of Solana's SIMD-0228 Proposal: Governance Challenges Amidst Node Interests

The most controversial proposal in Solana’s governance history, SIMD-0228, ultimately failed with less than 66.6% of votes in favor. This vote was not only a technical debate on inflation reform but also evolved into a battle of interests among validators. Leading players attempted to push for ecological efficiency upgrades, while smaller validators fiercely resisted for … Read more

Analysis of the Rejected SIMD 0228 Proposal: Solana’s Growing Pains and Transformation

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Analysis of the Rejected SIMD 0228 Proposal: Solana's Growing Pains and Transformation

Author | Danny @IOSG Summary The SIMD 0228 proposal, a significant decision that recently stirred all participants in the Solana ecosystem, ultimately did not pass. The voting participation rate reached a historic high for Solana (nearly 50% of the total token supply), but the proportion of supporting votes was insufficient to meet the supermajority threshold … Read more