Exploring Xandeum's Revolutionary Solana Scaling Solution at Breakpoint 2024

Breaking New Ground in Solana Scaling

LAS VEGAS, United States, 19th September 2024, Chainwire

Blockchain storage layer Xandeum is set to reveal its revolutionary blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. During the flagship Solana conference in Singapore, Xandeum will detail its new storage-enabled liquid staking program while officially announcing the much-anticipated XAND token.

A Scaling Solution for the Future

Addressing the limitations of current Solana storage, Xandeum’s technology allows dapps to expand by accessing virtually unlimited storage. This innovation is crucial for Solana, often referred to as a 'world computer,' where accounts serve as its vital RAM.

• Xandeum is poised to integrate a 'hard drive' solution into Solana’s architecture.
• Featuring Xandeum buckets, a scalable file system linked directly to Solana RPC nodes.
• Staking opportunities will see pNodes and validators reaping rewards amid dynamic fee markets.

Tommy Johnson, a co-founder and lead engineer at Armada, emphasizes the potential of low-cost, decentralized storage to drastically enhance the application ecosystem.

Anticipated Developments

Breakpoint 2024 will also see the launch of Xandeum’s liquid staking platform designed for the future xandSOL stakers. The platform goes live on October 29, offering enticing rewards for early adopters.

Xandeum Labs has raised $2.8 million, indicating robust interest within Solana’s builder community, which has successfully completed over 4 billion transactions on its community-run devnet.

Further insights about Xandeum’s advancements will be shared during Breakpoint 2024, as the team aims to revolutionize web3 applications while ensuring Solana’s security and decentralization.