Solana Community Passes Proposal to Double Validators' Priority Fees
Tuesday, 28 May 2024, 10:26
Solana Community: Doubling Validators' Priority Fees
The recent vote by Solana's community marked a significant shift in the network's operational dynamics. This decision eliminates the 50% burn mechanism, redirecting all priority fees to validators to boost network security.
Enhanced Security Measures
- Increased Support: Validators will benefit from the raised priority fees, strengthening the network's security infrastructure.
- Improved Reliability: This move aims to enhance the reliability and performance of the Solana blockchain.
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