According to a previous report by Zombit, Solana network has experienced significant delays in transaction processing speed and a large number of transactions being discarded in recent weeks due to the frenzy of meme coin trading, robot trading, and the emergence of the new project Ore.
Solana operates with a transaction processing model similar to how IP endpoints and servers work on the internet. Transactions are directly sent to block producers (validators) without waiting in any temporary model or mempool before being added to the chain. However, excessive junk transactions have overwhelmed the system, resulting in many transactions being lost and unable to be confirmed. Matt Sorg, the technical and product leader of Solana Foundation, admitted that this process in the Solana system has issues, as user transactions cannot be reliably included in blocks, and the fee and weight-based transaction system has not been effective.
To address these issues, the development team is working on formulating effective solutions. Austin Federa, the strategy lead of Solana Foundation, stated that the current network congestion could affect the network infrastructure and subsequently impact users’ ability to interact with the blockchain. In response to this problem, Anza, the developer of Solana’s Agave validator client, will soon release a series of QUIC solution fixes. These updates aim to improve the performance of the client in handling a large number of requests.
On the other hand, the 1.18 version update planned for April is also a significant progress. This update will introduce optimization measures to make transaction scheduling more explicit, simplify the processing flow, and reduce system bottlenecks.
In addition, the introduction of priority fees is also under consideration. Currently, many applications running on Solana have not implemented priority fees, causing transaction delays or not being processed at all. Solana Labs mentioned in a blog post in March that integrating dynamic priority fees into decentralized applications will help improve user experience.
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