Solana has two main reasons for traffic jams! How to ease version upgrade?
In recent weeks, the Solana network has faced severe congestion issues, resulting in slow transaction processing and frequent failures to complete transactions. Solana’s total transaction volume soared to $4 billion in March this year, far exceeding the average daily transaction volume of less than $500 million in 2023.
There are two main reasons for network congestion: First, the transaction volume of newly released meme coins has surged, causing the network to be overloaded; second, the Ore mining project has become popular, and miners have caused transactions in order to earn rewards. Volume increased significantly.
To this end, the Solana team launched the mainnet Beta version update v1.17.31 on April 12. After three days of testing, this version is now recommended for all mainnet validators. This update enhances the processing efficiency of data packets and optimizes the classification mechanism of nodes, etc., with the purpose of alleviating network congestion problems.
What is the future direction of Solana’s upgrades?
This "v1.17.31" version upgrade is only the first step to solve Solana's congestion problem, and will further strengthen and optimize the Solana network in the subsequent v1.18 version. Solana co-founder Anatoly Yakovenko said on X: "It usually takes about 30 updates or patches before the final version is confirmed. "
Solana developer @0xMert_ also addressed the congestion issues faced by the Solana network on X. He pointed out that the high usage of bots has led to a sharp increase in "failed" transactions on the Internet. The so-called "failed" transactions refer to those transactions that have been successfully submitted to the Solana network, but due to the rules of smart contracts, these transactions were eventually determined to be "bad requests."
Therefore, the final upgraded version of the Solana network will prioritize transactions initiated by "good" validators who have a larger stake in the node leader (node leader) where the transaction is confirmed. This "priority arrangement" allows high-quality validators to receive better services and prevents low-quality validators from maliciously flooding the network.
According to Austin Federa, head of strategy at the Solana Foundation, the development team is testing the "v1.18" version on the test network to further improve network performance and reduce congestion. He emphasized that developers are working hard to ensure the stability and efficient execution of the new version.
References: cointelegraph, coindesk, theblock
Review editor: Gao Jingyuan
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