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But like a sly matador in a bullfight, SOL quickly sidestepped the challenger and retook its spot.Īs explained in the recent CoinCodex article, Solana is in the process of breaking out of its downtrend. The TON project briefly overtook SOL as the 9th largest project. Just as v1.16 was preparing for launch, another player in the crypto sphere nearly stole Solana's thunder. SOL reclaims its rightful spot in the rankings Its smooth rollout shows how the network prioritizes reliability through open collaboration. With robust auditing and review from multiple parties, the update is poised to seamlessly supercharge the Solana blockchain. Plus, volunteers helped validate the update earlier by deploying it months ago - this led to swift fixes for minor issues. Solana Labs also ran 'canary' nodes on the mainnet to monitor stability in real-world conditions.

This included months on the public testnet with regular stress testing. To ensure quality, v1.16 underwent vigorous testing. Thorough testing by canaries and volunteers Validators will also see reduced memory consumption now that the index of the account resides directly on disk by default. The peer sampling method for gossip messaging was overhauled as well, lessening the bandwidth needed at startup. Other performance tweaks optimize how ledger data is cleaned up to reduce disk usage. This paves the way for more privacy-oriented decentralized applications to be built on Solana. Among the notable changes, it improves support for advanced zero-knowledge math that enables technologies like confidential transfers. What's new in the v1.16 update?Īs outlined in the official announcement from Solana Labs, v1.16 includes nearly ten months of development work. But SOL's resilience was tested recently as another project briefly surpassed it in the crypto rankings - only for Solana to swiftly reclaim its spot. The Solana network validators have begun adopting the v1.16 update, bringing with it several important upgrades and optimizations under the hood. With technical signals flashing green and big hackathons firing up innovation, analysts predict a 25% price pop for SOL this October.After nearly a year in development, these changes will help SOL fly like the wind. Things like improved zero-knowledge math, disk space savings, and lighter networking mean users and validators alike get a smoother experience.

Version 1.16 brings under-the-hood tweaks that should speed up Solana nicely and well.

Advanced Installer 20.8 download the new for android