RabbitVectorStory
Solana tests upgrade that speeds up transaction finality to 150ms
Leans positive
Faster network performance is generally seen as a technical improvement
What happened
Solana, a blockchain network, is testing a software upgrade that would make transactions final in about 150 milliseconds, which is faster than before. This is happening on a 'testnet,' a practice version of the network used to check for bugs before anything goes live for real users.
Why it matters
If it works, transactions on Solana would confirm faster, which mostly matters for apps like trading platforms or games built on it, not so much for someone just holding the coin.
Should I do anything?
No action needed. This is still in testing, so nothing changes for regular users yet, and there's nothing here to worry about security-wise.
Terms used
- settlement
- the point at which a transaction is officially confirmed and can't be reversed
- testnet
- a practice version of a blockchain used to try out changes safely before they go live
- millisecond
- one thousandth of a second, used here to measure how fast transactions confirm