Solana Labs CEO Reveals Plan for Upgrades

Key Takeaways

  • Solana Labs CEO Anatoly Yakovenko addressed considerations over Solana’s community efficiency in a Twitter thread right this moment.
  • Yakovenko stated upgrades to deal with the problems can be “rolled out within the subsequent 4-5 weeks.”
  • Certain upgrades have already been applied, with extra on the way in which.

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Earlier right this moment, Solana Labs CEO Anatoly Yakovenko addressed community issues Solana has skilled in latest weeks. He additionally supplied a timeline for the related community updates.

Solana Upgrade on the Horizon

Solana Labs’ CEO has weighed in on latest community points.

Anatoly Yakovenko, the co-founder and CEO of Solana Labs, revealed a tweet thread right this moment addressing the Solana community’s latest efficiency issues. He wrote that updates to deal with these points can be applied in 4 to 5 weeks. 

Yakovenko first diagnosed the spam points as being attributable to “liquidator bots” barraging single nodes with duplicate messages at a price of over 2 million packets per second. This revealed a community bug for duplicate processing: the deduplication code would execute too late (after the signature verification) and take too lengthy (100 microseconds per packet) to be efficient. That is untenable at 2 million packets per second, although this bug was addressed in model 1.8.14, Yakovenko wrote.

On right this moment’s reside Twitter Spaces, Yakovenko opined that the actors behind the spam probably usually are not malicious; they’re merely working their algorithms.

Despite the improve, Yakovenko wrote that liquidator spam was nonetheless inflicting “hunger”—i.e. the phenomenon during which a community’s congestion is exacerbated by the truth that customers, conscious of the congested state of the community, try and ship a number of transactions to the blockchain in a really quick window of time within the hopes that one or two are profitable, thus inserting even additional outsized demand on the community. 

Yakovenko wrote that, to deal with this particular drawback, engineers will introduce “circulate management” within the 1.9 testnet  “with [QoS] by stake weight” to emphasize take a look at and tune parameters. The staff will then introduce the upgrades to the 1.8 mainnet. These upgrades are to be anticipated inside 4 to 5 weeks. 

While Solana’s community has not gone down once more since September’s 18-hour outage requiring community validators to collaborate to restart the community, it has confronted a number of congestion points up to now two months. These community site visitors jams have had costly penalties, with many customers being liquidated final weekend available in the market dip, unable to re-collateralize their positions.

Disclosure: At the time of writing, the creator of this piece owned BTC, ETH, and a number of other different cryptocurrencies. 

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