BPOI Banner
Early Version of Long Awaited Firedancer Solana Validator Is on Mainnet Early Version of Long Awaited Firedancer Solana Validator Is on Mainnet

Early Version of Long Awaited Firedancer Solana Validator Is on Mainnet

Jump Crypto, a Web3 infrastructure developer, reached a major milestone as an early version of its Firedancer Solana validator client, which has been dubbed “Frankendancer” launches on the Solana mainnet.

During his keynote speech at the Solana Breakpoint event in Singapore, Jump Crypto’s Chief Science Officer Kevin Bowers announced that Frankendancer is now live on the mainnet, while the Firedancer validator is now live on the testnet.

The Firedancer project, led by Jump Crypto, is designed to address Solana’s scaling challenges. Jump Crypto has been working on it since 2022.

Frankendancer is a prototype of the full Firedancer validator, which is still under development and undergoing further testing on Solana’s testnet.

Following the Frankendancer upgrade announcement, Solana (SOL) has surged 7% in the last 24 hours, pushing it back above $150. Trading volume also saw a sharp increase, up by over 8%, as per CoinMarketCap data.

Solana has been plagued by performance bottlenecks and outages. Firedancer seeks to optimize hardware utilization and reduce software inefficiencies, pushing Solana’s performance to new heights.

Frankendancer, in its early stage, is a hybrid of Jump Crypto’s Firedancer technology and the Agave validator code. This dual configuration allows Jump to deliver improvements to the network immediately, even before the full Firedancer validator is ready for deployment.

Jump Crypto also said that Firedancer, which is written in C, adds an additional layer of security by diversifying the Solana network’s validator codebase, unlike the original Rust-based validator.

At the event, Bowers noted the significance of the new validator. “A second independent validator has benefits beyond performance, but performance is a prerequisite for reduced costs and increased capacity,” Bowers said. “We are working with the community in all these areas, and as we’ve shown in demos, Agave can hit current protocol caps as is.”

Decrypt reached out to Solana and Jump Crypto to seek comment on the Frankendancer mainnet launch, but did not immediately receive a response.

Circle CEO Jeremy Allaire expressed his excitement about the development, tweeting, “This is an incredible milestone for our industry.”

Jump Crypto reportedly aims to deliver a fully independent Firedancer validator by the end of 2024, boosting Solana’s scalability, and performance capabilities.

Edited by Stacy Elliott.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

Vismaya V

https://decrypt.co/250509/early-version-firedancer-solana-mainnet

2024-09-20 13:37:45

bitcoin
Bitcoin (BTC) $ 91,340.47 3.95%
ethereum
Ethereum (ETH) $ 3,104.91 1.52%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 218.27 3.88%
bnb
BNB (BNB) $ 621.07 0.01%
dogecoin
Dogecoin (DOGE) $ 0.378663 2.56%
xrp
XRP (XRP) $ 0.887661 8.29%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,102.48 1.59%
cardano
Cardano (ADA) $ 0.713657 21.24%
tron
TRON (TRX) $ 0.191651 8.50%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 7.92%
the-open-network
Toncoin (TON) $ 5.40 3.03%
avalanche-2
Avalanche (AVAX) $ 33.22 6.06%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,141.42 3.84%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,669.42 1.31%
sui
Sui (SUI) $ 3.67 12.61%
pepe
Pepe (PEPE) $ 0.000023 11.93%
weth
WETH (WETH) $ 3,102.49 1.40%
chainlink
Chainlink (LINK) $ 13.85 7.13%
bitcoin-cash
Bitcoin Cash (BCH) $ 432.76 3.76%
polkadot
Polkadot (DOT) $ 5.19 8.95%
leo-token
LEO Token (LEO) $ 7.66 3.02%
near
NEAR Protocol (NEAR) $ 5.54 3.30%
litecoin
Litecoin (LTC) $ 84.37 5.07%
aptos
Aptos (APT) $ 11.94 7.25%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,266.54 1.32%
usds
USDS (USDS) $ 0.995459 0.29%
uniswap
Uniswap (UNI) $ 8.59 5.57%
crypto-com-chain
Cronos (CRO) $ 0.17298 18.83%
stellar
Stellar (XLM) $ 0.143699 8.31%
internet-computer
Internet Computer (ICP) $ 8.68 8.27%
dogwifcoin
dogwifhat (WIF) $ 3.89 11.08%
bittensor
Bittensor (TAO) $ 520.40 4.76%
ethereum-classic
Ethereum Classic (ETC) $ 23.19 6.25%
kaspa
Kaspa (KAS) $ 0.136841 1.03%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.29 4.96%
dai
Dai (DAI) $ 1.00 0.13%
whitebit
WhiteBIT Coin (WBT) $ 22.32 0.80%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.08%
bonk
Bonk (BONK) $ 0.000044 27.13%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.374257 4.81%
blockstack
Stacks (STX) $ 1.87 3.50%
hedera-hashgraph
Hedera (HBAR) $ 0.073958 14.69%
render-token
Render (RENDER) $ 7.08 7.51%
monero
Monero (XMR) $ 143.81 3.13%
okb
OKB (OKB) $ 44.06 2.08%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.19%
floki
FLOKI (FLOKI) $ 0.000265 25.65%
filecoin
Filecoin (FIL) $ 4.19 8.51%