Solana

Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction

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Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction

Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction Crypto World News: According to Finance Feeds, the Solana community has launched a new governance proposal SIMD-0411 aimed at significantly accelerating the network’s deflation timeline and reshaping the long-term economic model of the SOL token.This proposal will increase Solana’s annual deflation rate from -15% … Read more

Understanding SIMD-0411

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Understanding SIMD-0411

New Solana Network Upgrade Introduction The economic design of Solana aims to balance network security with long-term monetary sustainability. The initial inflation curve starts with an 8% rate that gradually decreases to a final rate of 1.5%. SIMD-0411, known as doubled deflation rate, proposes a targeted adjustment:doubling the rate of inflation decay, which reduces emissions … Read more

Solana Introduces Proposal SIMD-0337 to Enhance Network Performance with Fast Leader Handover Mechanism

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Solana’s improvement proposal SIMD-0337 introduces a block tagging feature that implements a fast leader handover mechanism in Alpenglow. This technology allows leaders to begin block production immediately based on the expected parent block, without waiting for confirmation, reducing block production time by approximately 120 milliseconds and improving Inter-Block Reliable Latency (IBRL) by about 7.5%. The … Read more

Solana Development Practice: Full Process of Rust Client Calling On-Chain Programs

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Solana Development Practice: Full Process of Rust Client Calling On-Chain Programs

Solana Development Practice: Full Process of Rust Client Calling On-Chain Programs Following the exploration of the Solana SDK in practice: the dual paths and lightweight modularization of Web3 development, this article will delve into practical implementation, focusing on how to interact with Solana on-chain programs using a Rust client. Whether you want to quickly get … Read more

Galaxy Proposes a ‘Market-Driven’ Voting System for Solana to Address Community Divisions Following SIMD-228 Failure

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Galaxy Proposes a 'Market-Driven' Voting System for Solana to Address Community Divisions Following SIMD-228 Failure

Galaxy Research suggests providing voters with a broader range of options to select Solana’s deflation rate and determine the outcome based on a weighted average. This proposal aims to address the polarization in voting that arose from the SIMD-228 case. Max Resnick from Anza expressed concerns that voters might attempt to skew the results in … Read more

Wu’s March Technical Report: Bitcoin Quantum Resistance Solutions, Ethereum Testnet Upgrade Completed, SIMD-0228 Failed, Berachain PoL Launched, and More

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Wu's March Technical Report: Bitcoin Quantum Resistance Solutions, Ethereum Testnet Upgrade Completed, SIMD-0228 Failed, Berachain PoL Launched, and More

Compiled by | GaryMa Wu’s Blockchain The Wu’s team summarizes the important developments in the blockchain technology field for March: Bitcoin · Update on BIP360 Quantum Resistant Hash (P2QRH): Developer Hunter Beast published an update on his quantum resistance research regarding BIP360 on the Bitcoin-Dev mailing list. He has modified the list of quantum-safe algorithms … Read more

Will Solana’s Tokenomics Drive SOL Price to $200 with the Shift of SIMD-228?

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Will Solana's Tokenomics Drive SOL Price to $200 with the Shift of SIMD-228?

Following Donald Trump’s signing of the executive order on the U.S. cryptocurrency strategic reserve, the crypto market experienced a rapid pullback. This led toSolanaquickly dropping, hitting a 24-hour low of $135. However, a bullish rebound pushed the SOL price back up to $143, reflecting a rejection of lower prices. With the bullish recovery, the SOL … Read more

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

Comprehensive Analysis of Proposal SIMD-228

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Comprehensive Analysis of Proposal SIMD-228

Current Progress🔥 The Solana proposal SIMD-228 has received 70% approval votes, and the voting is expected to conclude in 52 hours (Epoch 755). Core Mechanism 👉 Introduction of a dynamic adjustment mechanism for the SOL issuance curve based on staking rates. At the current staking rate of 64%, the annual inflation rate of SOL will … Read more