The Timely Vote Credits Proposal to Boost Solana Transaction Speed
The Timely Vote Credits Proposal
Solana has introduced a new governance proposal called 'Timely Vote Credits' to improve transaction speeds. The proposal, designed by Solana validator Zantetsu, aims to incentivize faster validator votes by awarding credits based on the latency of votes, discouraging intentional delays.
Enhancing Transaction Confirmations
The current mechanism awards one vote credit per 'rooted' slot, allowing a loophole for delayed votes. The proposal introduces changes to address this issue and provide a more efficient method of confirming transactions.
- Validator Incentives for Faster Votes
- Grace Period for Network Hub Distance
- Implications on Transaction Confirmations
- Developer Efforts to Rectify Failed Transactions
Despite challenges, the proposal aims to offer a comprehensive solution to Solana's network issues.
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