Solana

<ul><li>Solana introduces mainnet beta update v1.17.31 to address and mitigate network congestion issues, enhancing user transaction experience.</li><li>Validators were urged to adopt the new v1.17.31 update after extensive testing confirmed its stability and potential to reduce transaction delays.</li><li>Further improvements are anticipated in the upcoming v1.18 update, promising to streamline transaction scheduling and reduce network bottlenecks.</li></ul>Solana developers <a href="https://twitter.com/SolanaStatus/status/1779727821834686592" rel="noopener noreferrer nofollow">rolled out</a> the mainnet beta update v1.17.31. Following extensive testing over three days, the update has been greenlit for general use among mainnet beta validators. This release comes at a critical time as the Solana network strives to manage surging transaction demands and increased block space activity caused by a <a href="https://cryptotale.org/bitcoin-rebounds-above-67k-amidst-fomc-volatility-memecoins-surge/" rel="noopener noreferrer nofollow">memecoin trading spike</a>.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ad14a246adf6489486061b94ade794da.png" />The v1.17.31 update <a href="https://github.com/solana-labs/solana/releases/tag/v1.17.31" rel="noopener noreferrer nofollow">introduces</a> several technical enhancements that promise to streamline network operations and reduce transaction failures, which had reached a 75% failure rate due to the congestion. Key changes include improved handling of staked versus non-staked packets, optimized memory allocation within the QUIC protocol, and a refined BankingStage Forwarding Filter. These adjustments aim to prioritize transactions from validators with higher stakes, effectively reducing spam and mitigating malicious activity on the network.<a href="https://cryptotale.org/solana-mainnet-beta-update-v1-17-31-targets-network-congestion/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Solana Mainnet Beta Update v1.17.31 Targets Network Congestion

CryptoTale

Other articles published on Apr 15, 2024

Solana Mobile Introduces SolMail Upgrades and WUF Tokens

John Deaton’s crypto backers help outraise Warren in Senate race

Wormfare Ecosystem Launches Largest-Ever Cleanup Challenge

Toncoin Enters the Top 10 Rankings, Surpassing Cardano & Dogecoin; Is XRP Next?

Bearish Outlook: Bill Morgan Warns Of Drastic XRP Performance Against Bitcoin

Bitcoin Halving Approaches Amid Market Dip: Analyst Shares Whether It’s Time to Panic or Seize Op...

Join our free newsletter for daily crypto updates!