Anza Vice President: Reducing Solana block state costs, account creation rent will be reduced by 10 times

GateNews
SOL0,13%

BlockBeats News, December 12 – Brennan Watt, Vice President of Core Engineering at Solana research and development company Anza, stated at the Solana Breakpoint conference that proposal SIMD-0389 could reduce the rent for creating Solana accounts by 10 times, with a potential scalability up to 100 times reduction. Note: In the Solana network, Account Rent refers to the “storage fee” mechanism required to store data permanently on the chain for an account. According to Anza’s analysis of the security slowdown mechanism, this change was discussed at the recent SolanaConf and could release wider adoption by reclaiming hundreds of millions of dormant SOLs while maintaining network security.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Price Faces Downside Risk as Bears Eye $74 Zone

Key Insights Solana trades near eighty dollars as bearish momentum builds, with indicators signaling weakness and increasing probability of testing lower support levels soon. Technical signals, including weak MACD and low RSI momentum, indicate sellers remain dominant, reinforcing downside p

CryptoNewsLand1h ago

Solana Holds Key Support as Range Tightens Below $90

Key Insights Solana trades near $80 support as price compresses within a tight range, reflecting reduced volatility and balanced market participation among traders. Persistent lower highs and price below major moving averages confirm ongoing bearish structure, limiting recovery attempts

CryptoNewsLand4h ago

SOL Strategies acquires Solana zero-knowledge technology company Darklake Labs for $1.2 million

SOL Strategies announced on April 7 that it will acquire Solana zero-knowledge technology company Darklake Labs for $1.2 million. The deal includes $200k in cash and $1 million in stock. Darklake Labs developed the zero-knowledge proof system Zyga for Solana, aiming to improve transaction privacy and prevent front-running trading and sandwich attacks. After the acquisition, its founders and core team will join SOL Strategies.

GateNews5h ago

Solana Foundation Launches Agent Skills to Bring AI Agents On-Chain

Solana Foundation has introduced Solana Agent Skills, a toolkit for integrating prebuilt on-chain capabilities into AI tools, enabling faster development of AI agents that can execute blockchain actions efficiently. This simplifies the process for developers and positions Solana favorably in the evolving intersection of crypto and AI.

CryptoNewsFlash8h ago
Comment
0/400
No comments