Solana Releases New Updates to Reduce Bot Activity and Improve Network Stability
Solana, one of the fastest-growing crypto ecosystems, has announced the release of new features to improve the network’s stability.
Update on Solana’s Stability
In the last ten months, the platform has suffered serious performance degradation three times, necessitating the new functionality. Solana was down for about 17 hours in September of last year after being swamped by traffic from a DeFi token launch. In April of this year, the network experienced another 7-hour outage, which was followed by a four-hour outage on June 1.
Performance problems in the blockchain, notably in the transaction processing unit, were blamed for the issue (TPU). The number of transactions executed per second reduced from thousands to tens at those moments when the system was offline.
QUIC Protocol Will Be Implemented on the Solana Network.
Developers have sought to stabilize operations around the platform’s existing user datagram protocol to solve this problem (UDP). In the new update, Google’s QUIC protocol will take the place of UDP. This is to prevent bots from sending an infinite amount of traffic and depriving the Solana pipeline of transaction proposals.
QUIC is an encrypted transport layer network that makes HTTP traffic more secure, quicker, and efficient. Applications and services that require quick internet services frequently use the protocol. Solana thinks that QUIC will reduce the impact of bots spamming transactions and overloading the network by slowing them down at their source.
Fee Prioritization Is Also Included in the New Update
The enhancements will also include a new price prioritization approach, which Solana hopes would reduce the impact of popular applications and services. On Wednesday, Solana co-founder Anatoly Yakovenko came to Twitter to clarify how the new features, particularly cost prioritization, will function following the network enhancements.
Yakovenko compared the new system to a light switch that everyone wanted to turn on at the same time but could only be turned on by the highest bidder in a Twitter conversation. To put it another way, the individual who pays the most for gas will have their transaction moved to the front of the line.
Importantly, Yakovenko clarified that prioritizing will not result in increased rates for other Solana users. Gas fees on Ethereum are famously high, ranging from a few hundred dollars to thousands of dollars. However, Yakovenko has stated that the Solana model will not impose large costs on all users across the network. Increased gas taxes, on the other hand, will only prioritize transactions within specified apps and services. As a result, the prices for a single application are unlikely to have an impact on the rest of the Solana network. Because Solana’s architecture allows it to specify which parts of the network it communicates with, this new system is possible.
It is still unclear how much Solana users will have to pay as additional fees since the amount will be demand-driven.
Stake-Weighted Quality of Service to Help Deal With Bots
Solana’s network update will incorporate a stake-weighted quality of service mechanism in addition to QUIC and charge prioritization. The amount of Solana (SOL) possessed or staked by any node running the Solana client on the platform will be taken into account by the system. This method is also supposed to help prevent bots and other nefarious actors from causing congestion.
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