Solana

Long

Step Finance

April

<h4><strong>This breakthrough comes after a period of rigorous technical refinements and enhancements by the Solana team. </strong></h4> 
<p>As a result, block production has returned to normal with <a href="https://explorer.solana.com/" target="_blank" rel="noopener">transaction confirmation</a> times dramatically reduced to under two seconds.</p> 
<h5><strong>Consistent Upgrades for a Resilient Network</strong></h5> 
<p>Solana is renowned for its capacity to handle thousands of TPS, rivaling top payment networks. However, it faced challenges in the past with network congestion, which led to delays and increased transaction costs. These issues troubled the Solana community, impacting scalability and user experience.</p> 
<p>The resolution of these congestion issues marks a turning point. Solana now consistently processes transactions at a rate of 2700 TPS. This performance level not only restores confidence among existing users and developers but also positions Solana as an even more attractive platform for new projects and applications in the <a href="https://www.altcoinbuzz.io/?s=defi" target="_blank" rel="noopener">DeFi</a>, gaming, and NFT sectors.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">We’ve overcome the Solana TX delivery issues! Confirmation times are under 2 seconds, and slot latency is two or less. Never fade the determination &amp; hard work of <a href="https://twitter.com/anza_xyz?ref_src=twsrc%5Etfw">@anza_xyz</a>, <a href="https://twitter.com/jito_labs?ref_src=twsrc%5Etfw">@jito_labs</a>, <a href="https://twitter.com/MRGNGroup?ref_src=twsrc%5Etfw">@MRGNGroup</a>, <a href="https://twitter.com/fd_ripatel?ref_src=twsrc%5Etfw">@fd_ripatel</a>, <a href="https://twitter.com/triton_one?ref_src=twsrc%5Etfw">@triton_one</a>, <a href="https://twitter.com/linuskendall?ref_src=twsrc%5Etfw">@linuskendall</a>, <a href="https://twitter.com/_fanatid?ref_src=twsrc%5Etfw">@_fanatid</a>, &amp; <a href="https://twitter.com/immaterial_ink?ref_src=twsrc%5Etfw">@immaterial_ink</a>. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1faa1.png" alt="🪡" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/8zXxODfLS8">pic.twitter.com/8zXxODfLS8</a></p> 
 <p>— Brian Long <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f531.png" alt="🔱" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@brianlong) <a href="https://twitter.com/brianlong/status/1782579189759058265?ref_src=twsrc%5Etfw">April 23, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>This achievement was made possible through a series of network upgrades and optimizations. They were focused on enhancing the efficiency of block propagation and validation processes.</p> 
<p>By refining its protocol and optimizing node communication software, Solana has cut transaction confirmation times to under two seconds. This improvement is crucial for maintaining a seamless user experience and facilitating real-time applications on the blockchain.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> BREAKING: <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a>'s congestion issues have been completely resolved, with block production back to normal.</p> 
 <p>Transactions confirming in under 2 seconds. <a href="https://t.co/TdQVjSSRQI">pic.twitter.com/TdQVjSSRQI</a></p> 
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1783012311936164250?ref_src=twsrc%5Etfw">April 24, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>For developers, these enhancements mean that they can build and deploy high-performance applications without worrying about network delays or unpredictable costs. For users, the faster transaction speeds and restored network capacity ensure more fluid interactions with applications on Solana, whether it’s trading tokens, minting NFTs, or engaging in complex smart contract operations.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/solana-clears-congestion-hits-2700-tps-with-2-sec-transactions/">Solana Clears Congestion, Hits 2700 TPS with 2-Sec Transactions</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Solana Clears Congestion, Hits 2700 TPS with 2-Sec Transactions

Altcoin Buzz

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