Solana (SOL)

Solana Strikes Back at Congestion with New Network Update (v1.17.31): Is This the Fix?

Solana, a popular blockchain platform known for its fast transaction speeds, has been grappling with network congestion issues in recent weeks. This congestion led to a surge in transaction failure rates, impacting user experience. However, the Solana Foundation is taking steps to address these problems with the release of a new mainnet beta update.

Update Targets Network Efficiency and Stability

The update, v1.17.31, was released on April 12th and has undergone three days of successful testing. It is now recommended for general use by validators on the Solana mainnet beta network. This patch focuses on improving network efficiency and lays the groundwork for further enhancements in the upcoming v1.18 update.

Key Improvements in v1.17.31

  • Enhanced Visibility: The update provides validators with better visibility into staked versus non-staked packets being sent and throttled within the network.
  • Performance Optimization: The update incorporates optimizations to the QUIC protocol, a key component for data transfer, resulting in improved memory allocation and overall network performance.
  • Streamlined Transaction Processing: The update introduces a “BankingStage Forwarding Filter” which helps streamline transaction processing and reduce congestion.
  • Staked Node Optimizations: The update refines the minimum required data streams for staked nodes, ensuring efficient resource allocation.

Solana Responds to Increased Demand

The recent network congestion is attributed to a confluence of factors, including a significant surge in demand for Solana block space and a delay in implementing network optimization patches. Solana co-founder pointed out that the congestion stemmed from a bug rather than a fundamental network flaw.

Also Read: Solana Stumbles: Memecoin Frenzy Leads to Network Congestion (Fixes Incoming, But Can They Keep Up?)

Solana Developers Working on Long-Term Solutions

The Solana Foundation acknowledges the challenges posed by the recent network congestion. Their development team has been working diligently to address the issue. The v1.17.31 update represents the first step in a series of planned improvements designed to enhance network stability and scalability for the long term.

While this update is a positive step towards resolving congestion, it’s important to note that further development is ongoing. With continued focus on optimization and scalability, Solana aims to solidify its position as a leading blockchain platform for decentralized applications.

About The Author

Previous post Xuirin Finance a pioneer for DeFi Card – Presale Stage 1 Sold out
Bitcoin Halving File Photo - Chainaffairs.com Next post Will Bitcoin Price Crash After Halving? Expert Says Miner Sell-Off (Up to $104 Million Daily) Could Derail Rally