đ„ïžWhat is Firedancer? Authentication application on Solana
đżFiredancer is the next generation independent authentication client for Solana, designed by the engineering team at Jump Crypto to improve authentication uniquely on Solana. Besides introducing diverse customers into the Solana ecosystem, Firedancer is designed to increase performance and scalability.
đČThe Firedancer bug bounty program starts on July 10 and lasts six weeks. The event was announced by pseudonymous developer Cantelope Peel, powered by Immunefi. Developers who find critical bugs in Firedancer v0.1 (Frankendancer) can share a reward of 1 million USD.
đExtended benefits when using Firedancer
Firedancer is designed to support a higher number of concurrent transactions and support for sharding, which can improve the performance and scalability of the Solana ecosystem.
Firedancer includes several optimizations and enhancements to improve reliability, limit outages, and make the network more stable.
â The project is designed to operate efficiently, reducing operating costs for node operators.
â°Firedancer makes it easy for developers and contributors to maintain projects at an ever-increasing rate of expansion.Â
đźWith Firedancer, transactions can be performed in a few tenths of a second, helping the DeFi ecosystem on Solana increase its competitiveness with centralized exchanges.