Solana Named One of the World’s Largest Proof of Entitlement Networks in March 2023 Verifier Health Report
According to reports, the Solana Foundation officially released the March 2023 Verifier Health Report, which stated that Solana is currently one of the world\’s largest proof of ent
According to reports, the Solana Foundation officially released the March 2023 Verifier Health Report, which stated that Solana is currently one of the world’s largest proof of entitlement networks with the largest number of nodes, and also one of the networks with the largest distribution of Nakamoto coefficients, with over 3000 consensus and RPC nodes distributed globally. In addition, the Solana Foundation stated that as a multi verifier client network, two clients have been put into operation, and a third client is under development. In the past 120 days, 104 core contributors from multiple organizations have provided support to Github of the Solana Network, and the Solana Foundation has revealed that it will recruit a pledge ecosystem leader.
Solana Foundation Releases March Verifier Health Report: Proposed Recruitment of Pledge Ecosystem Leader
The Solana Foundation has just released its official March 2023 Verifier Health Report, revealing that Solana is currently among the world’s largest proof of entitlement networks. It has the most extensive distribution of Nakamoto coefficients, with over 3,000 consensus and RPC nodes dispersed globally, making it one of the best-performing networks today. Here are some key insights from this report and what they mean for the Solana network’s future.
Solana’s Node Network
According to the March 2023 Verifier Health Report, Solana is one of the world’s largest proof of entitlement networks, with hundreds of nodes distributed globally. Its node network is critical for Solana’s consensus mechanism, allowing it to verify transactions on the network in a speedy and secure manner. The report indicates that there are over 3,000 consensus and RPC nodes distributed all over the world.
Multi-Verifier Client Design & Development
As a multi-verifier client network, Solana has a lot of content available. It has two clients already in operation, and the third client is currently in development. This design allows Solana to remain flexible and adaptable to various use cases, ensuring its longevity as decentralized finance continues to evolve in new and innovative ways.
Solana’s Github Activity
In the last 120 days, Solana has seen over 104 core contributors from numerous organizations. These diverse groups provide support for Github of the Solana network, ensuring it remains active and dynamic. All of the projects started by core developers should be open-source and invite multiple developers to contribute quickly.
Pledge Ecosystem Leader Recruitment
The Solana Foundation has announced that it will recruit a pledge ecosystem leader in the near future to participate in the Solana network. While the specifics of this position are still unknown, it is clearly designed to ensure that the Solana network continues to grow and develop.
Conclusion
In summary, the Solana network continues to perform exceptionally well according to the March 2023 Verifier Health Report. In addition to its status as one of the world’s largest proof of entitlement networks, it has distributed Nakamoto coefficients, hundreds of nodes, and an active community of contributors on Github. The Solana Foundation’s announcement that it will recruit a pledge ecosystem leader suggests that the network plans to expand even further.
FAQs
Q: How does Solana compare to other proof of entitlement networks?
A: According to the March 2023 Verifier Health Report, Solana is among the world’s largest proof of entitlement networks.
Q: What is the significance of Solana’s multi-verifier client design?
A: Solana’s multi-verifier client design helps ensure its longevity as decentralized finance continues to evolve.
Q: What is the pledge ecosystem leader position?
A: The pledge ecosystem leader position is a new role created by the Solana Foundation, designed to help the network grow and develop.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/9592/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Sentient Explorer Attackers Target and Hit Blockchain Security Audit Company Beosin
According to reports, according to the Beosin EagleEye security risk monitoring, warning, and blocking platform monitoring under the blockchain security audit company Beosin, as of
-
Understanding the ARB Token Crisis Sparked by 0xscope’s Protocol
On April 3rd, The Web3 Knowledge Graph Protocol 0xscope stated on Twitter: ARB tokens have sparked a crisis of trust, and some individual investors and institutions chose to sell t
-
What is the Bitbit Empire
What is the BitEmpire and what is the BitEmpire? What is the Bitter Empire? How does Bitcoin enter the blockchain? Why should we create a “mining machine” and how to use mining to make profits Cryptocurrency and smart contract technology have developed rapidly in the past decade and become a new industry. It provides a platform that allows participants to invest using their native digital assets. This new financial system provides investors with more choices and also creates more advanced trading mechanisms. This new system enables people to manage their digital economy activities more flexibly, thereby generating greater opportunities BitbitAccording to official information, Bitbit (Coin Core Cloud) is one of the world’s leading digital asset international stations. Currently supporting BTC/USDT, ETH/USDT trading pairs; BCHABC/BTC transaction pair; EOS/USDT, XRP/USDT and other mainstream Cryptocurrency transaction pairs BitMEX is a San Francisco based company dedicated to providing a secure, transparent, and trustworthy choice for the traditional financial world. Users on the BitMex platform…
-
Data: LSD protocol Agility has grown nearly 100% in TVL over the past 24 hours to $450 million
On April 18th, according to DeFi Llama data, the Agility of LSD protocol has increased by nearly 100% to $450 million in TVL over the past 24 hours. In addition, Nansen data shows
-
What is the purpose of counterfeit currency (is counterfeit currency legal)
What are the uses of counterfeit coins? According to Cointelgraph, according to statistics from Coinmarketcap.com, Bitcoin has increased by 18.5% in the past 24 hours. What are the uses of counterfeit coins? According to the data of Coinmarketcap, a Cryptocurrency data website, from January to June 10, 2019, more than 52000 digital assets were mined in the world, most of which were mined based on the blockchain network; A considerable portion of them are decentralized applications (DApps). In addition, in addition to the price drop, there are also many other types of virtual tokens on the market Is counterfeit currency legalAccording to an article published in Securities Daily, according to relevant laws and regulations in China, counterfeit currency listed in Article 17 of the Securities Law must have characteristics equivalent to currency in order to be recognized as valuable.. However, currently, due to the significant uncertainty in Bitcoin and digital asset trading, regulatory authorities have restricted or restricted the trading…
-
What does “孤块” mean? (What does the internet term “孤” mean?)
What does \”孤块\” mean? What does \”孤块\” mean? It refers to the size of a block. In s
-
ARK Invest Increases Holdings in Coinbase Shares
According to reports, data shows that ARK Ark Fund has increased its holdings of 394519 Coinbase shares (COIN) since February 19, with a value of about $23.05 …
-
Understanding the 2023 Cryptocurrency Status Report and StateOfCryptoIndex
On April 11th, a16zCrypto released its 2023 cryptocurrency status report and launched the STATEOFCRYPTOINDEX, an interactive tool that tracks the health of the cryptocurrency indus
-
Dune Announces the Discontinuation of SparkSQL and PostgreSQL
On April 21st, it was announced that the blockchain analysis platform Dune has released a schedule for the discontinuation of SparkSQL and PostgreSQL. It will be removed from the d
-
Shenzhen launches “Star Shining Pengcheng” plan to cultivate private and medium-sized entrepreneurs
On February 27, the Shenzhen Municipal Service Bureau for Small and Medium-sized Enterprises recently released the Implementation Plan of the \”Star Shining Pen…
-
The Use of Tornado Cash by Hackers: A Dangerous Trend
It is reported that according to CertiK monitoring, the black address 0x9D3B5 marked as “Nimbus Platform Explorer 2” by Bscscan… has transferred the funds to Tornado Cash. So far, Nimbus Platform attackers have transferred 278 BNBs (approximately $91000). The black address marked “Nimbus Platform Explorer 2” by Bscscan has transferred funds to Tornado Cash Analysis based on this information:The rise of cryptocurrency has been a game-changer in the world of finance. The decentralized nature of these currencies makes them attractive to users as they provide anonymity and flexibility, without the need for a central authority. However, this new technology has also brought with it new risks and vulnerabilities. One of these vulnerabilities lies in the ability of hackers to use Tornado Cash to launder money stolen from unsuspecting victims. Tornado Cash is a decentralized, non-custodial, and privacy-focused Ethereum mixer that enables users to send and receive Ethereum in a way that is virtually untraceable. The service takes advantage of zero-knowledge…
-
South Korea Rejects Plan to Allow Securities Companies to Issue Encrypted Asset Real-Name Accounts
On March 3, the South Korean financial authorities decided not to expand the issuing institution of the encrypted asset real-name account required by the encry…
-
Opera Integrates AI Services for Enhanced Browsing Experience
On April 25th, it was announced that Opera will enable AI services in the upcoming new version of Opera One, including AI Prompts, as well as accessing ChatGPT and ChatSonic in the
-
BTC Supply with a Last Active Period of More than 3 Years Reaches Historical High
According to reports, Glassnode data shows that the percentage of BTC supply with a last active period of more than 3 years has just reached 39.755%, setting a new historical high.
-
Coinbase Leadership Team to Visit UK to Discuss EU Encryption Framework
On March 24th, Coinbase announced on its social platform that its leadership team would visit the UK in a few weeks and meet with policymakers, regulators, and the media. The theme
-
ARB, Ordinals, Federal Reserve, Stacks: Understanding the Language of Finance
7:00-12:00 Keyword: ARB, Ordinals, Federal Reserve, Stacks
Summary of important developments at noon on March 20th
IntroductionThe world of finance is full of jargon that can be di