Solana's Vice President of Technology talks about how blockchain solves scaling and congestion problems, keeps speeds fast, fees low and processes a huge number of transactions every day.
Matt Sorg, Vice President of Technology at #Solana Foundation, recently spoke about how Solana is solving the problems of scaling and network congestion while maintaining its reputation as a fast and low-cost transaction service In an interview with BeInCrypto, Mr. Sorg said that Solana is solving other problems. conducts more transactions daily than all blockchains combined, emphasizing that it is a leader in the field.
As the #blockchain ecosystem expands, Solana's strategy is to stay ahead of the curve through constant updates and innovation. One solution is to rewrite the QUIC protocol to optimize the flow of transactions. Mr. Solg stressed that despite initial growth challenges, including outages, these issues have largely been resolved and are part of pushing the network to its limits.
For startups and developers, Solana offers a mature ecosystem, so there is no need to build core infrastructure, such as wallets and on-ramps, from scratch. This allows new projects to focus on core competencies rather than basic customization, making Solana an ideal launch pad. Its operational proof of scalability sets it apart from other chains that only promise similar performance.
key technical challenges include maintaining high throughput and low latency as the network expands. The Solana team is proactively addressing issues that arise at each stage of growth, such as overloading Web2 components such as the Quinn library, Mr. Sorg said. He noted that these issues are addressed through engineering enhancements that ensure reliable transaction processing even during periods of high demand.
Solana's robust ecosystem provides developers with ready-to-use tools and SDKs. Using existing code tested on the blockchain, creators can easily mine tokens or "NFTs" without requiring deep technical knowledge.
Cross-chain interoperability is a growing priority for Solana.
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