Solana community approves Timely Vote Credits mechanism to speed up transaction confirmations
The TVC mechanism introduces a new incentive structure for validators, rewarding faster transaction processing with higher vote credits.
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Solana ecosystem updates, DeFi and NFT growth, and the latest on performance and network development.
The TVC mechanism introduces a new incentive structure for validators, rewarding faster transaction processing with higher vote credits.
Assad Jafri 2 min read
Zeta said it leveraged Solana's soaring popularity to reach a record trading volume of over $1.2 billion in March.
Solana's ongoing network congestion has been tied to an implementation bug.
With a 75.68% failure rate in non-vote transactions, Solana confronts operational challenges in the DeFi landscape.
The SOL will be locked for four years and cannot be sold.
Trading bots have been blamed for Solana's rising transaction failure rates.
Total liquidations stood at $199.2 million over the past 24 hours, with longs accounting for more than half at $109.4 million.
The Wormhole's W token launch attracted significant attention from scammers spreading phishing links.
Solana's blockchain ecosystem has enjoyed a resurgence since the beginning of the year.