Core

Solana

Bitcoin

<h4><b>Jump is improving Solana’s speed and reliability by developing Firedancer. </b></h4> 
<p>Firedancer aims to work on Solana’s existing validator client for increased reliability. <span style="font-weight: 400;">Stay glued to this article to get into the details important topic for Solana. But before that, let’s see what a validator is all about.</span></p> 
<h5><b>What are Validators?</b></h5> 
<p><a href="https://www.altcoinbuzz.io/?s=validator" target="_blank" rel="noopener"><span style="font-weight: 400;">Validators</span></a><span style="font-weight: 400;"> are a group of computers that check and confirm transactions. In other words, they help blockchains keep running smoothly and earn rewards for their work. They also keep the chain safe from attacks. Here is a video series about Validators on Solana if you are more interested:</span></p> 
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 <iframe title="Solana Validator Education - Getting Started as a Validator Part 1" width="696" height="392" src="https://www.youtube.com/embed/b0-vMyoojuo?list=PLilwLeBwGuK6jKrmn7KOkxRxS9tvbRa5p" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<p><span style="font-weight: 400;">Validators’ clients</span><span style="font-weight: 400;"> are the tools validators use in performing their tasks. Validators use different tools to perform them. So, h</span><span style="font-weight: 400;">aving many clients gives the network a better chance of keeping the network safe. For example, the second could continue the process if one validator client encounters a fault. At the time of publication, there are two main Validator clients on the Solana network and </span><a href="https://x.com/jump_?s=21" target="_blank" rel="noopener"><span style="font-weight: 400;">Jump</span></a><span style="font-weight: 400;"> is building a new validator client on Solana. Let’s jump right in.</span></p> 
<h5><b>Why is Jump Building a New Validator Client?</b></h5> 
<p><span style="font-weight: 400;">The Solana network experienced frequent pauses in the last few years. These pauses reduce the transaction speed and slow down the network operation. So, with Jump converting in a Solana validator, this will drastically reduce the chances of happening again. However, the problem is with the software that helps approve the network functionality. This is why Jump is building software that fixes this and strengthens Solana’s network.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">1/ Scalability is a key factor in the crypto space, with the modular approach gaining popularity. However, <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@Solana</a> has taken a contrarian stance.<a href="https://twitter.com/kelxyz_?ref_src=twsrc%5Etfw">@kelxyz_</a> explains how <a href="https://twitter.com/jump_firedancer?ref_src=twsrc%5Etfw">@jump_firedancer</a>, a validator client developed by <a href="https://twitter.com/jump_?ref_src=twsrc%5Etfw">@jump_</a> aims to enhance Solana's monolithic approach.<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/zRc3Q5wSeT">pic.twitter.com/zRc3Q5wSeT</a></p> 
 <p>— Messari (@MessariCrypto) <a href="https://twitter.com/MessariCrypto/status/1666094086691102721?ref_src=twsrc%5Etfw">June 6, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>&nbsp;</p> 
<p><span style="font-weight: 400;">Jump is integrating its expertise into Solana’s network to make things work. Here is an example of how Jump can boost Solana’s capacity:</span></p> 
<p><span style="font-weight: 400;">You have a fast CPU with many cores, like the Intel Core i9 13900k. It can process a lot of data, but the signals between its many cores can’t move as fast as the CPU can process your information. This is only because the CPU contains materials light can’t pass through.</span><span style="font-weight: 400;"> So, the CPU might process information at high speeds, but the signals can’t meet up with that same speed. Regardless of the many cores and CPU power, the speed of light still holds us back. To resolve this issue, we need to look for ways to maximize its usage. </span></p> 
<p><span style="font-weight: 400;">So, now imagine that the CPU is Solana’s blockchain and signals are the number of validators. According to <a href="https://twitter.com/MessariCrypto/status/1666094090092711944" target="_blank" rel="noopener">Messari</a>, Jump can make Solana reach 1 million transactions per second. However, this impressive number needs a lot of work to be a reality.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">4/ Scalability is worth billions in the crypto space, as networks strive to solve scalability.</p> 
 <p>The network that cracks this challenge will have a significant advantage in achieving widespread adoption.</p> 
 <p>Validator node-to-node communications lie at the core of this problem.</p> 
 <p>— Messari (@MessariCrypto) <a href="https://twitter.com/MessariCrypto/status/1666094103262806016?ref_src=twsrc%5Etfw">June 6, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h5><b>What does Jump Want to Achieve?</b></h5> 
<p><span style="font-weight: 400;">Jump is working with </span><a href="https://x.com/jump_firedancer?s=21"><span style="font-weight: 400;">Firedancer</span></a><span style="font-weight: 400;">, one of its projects, to solve this issue by pushing the blockchain network past its boundaries.</span></p> 
<p>You can read more about Firedancer in this <a href="https://www.helius.dev/blog/what-is-firedancer" target="_blank" rel="noopener">post</a>. This is the <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/exploring-firedancer-an-in-depth-look-at-solana-2-0-part-2/" target="_blank" rel="noopener">second part</a> of the article.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/exploring-firedancer-an-in-depth-look-at-solana-2-0-part-1/">Exploring Firedancer: An In-depth Look At Solana 2.0 – Part 1</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Exploring Firedancer: An In-depth Look At Solana 2.0 – Part 1

Altcoin Buzz

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