Solana Blockchain Rolls Out Validator Node Upgrade November 21, 2022 November 21, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 21, 2022 by Kelly Cromley

Solana Blockchain Rolls Out Validator Node Upgrade

All validators were instructed to upgrade to the latest version of the node, 1.13.5. As per Anatoly Yakovenko, co-founder of Solana Labs, which creates the namesake blockchain, the upgrade should eliminate any Solana network problems caused by UDP-driven protocol congestion. This problem has historically caused extended Solana network blackouts, which are currently in the testing stage.

As per Solscan, several of the largest validators in the Solana blockchain network have not yet been upgraded. 44.53% of validators have updated to the most recent release.
In spite of the big improvement, the cryptocurrency industry still has reservations about Solana’s blockchain efficiency. As a result of huge data servers’ blocking of nodes, centralized retention, lengthy downtime, and the need for the co-founder to request validators to upgrade, there has been a great deal of skepticism and the public is displaying distrust in the blockchain.

When most of the crypto community is concerned about the effects of the FTX breakdown, the development team published a glimpse of the Solana network’s stability last week to demonstrate operational openness.

According to the available statistics, there are presently 2,000 trades every second. Furthermore , the average block duration has decreased to 0.5 milliseconds. Because of a decrease in internet activity, the number of applications employed daily has reduced.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.