Scalability is valuable in crypto. The most popular approach to scaling is modularity, leaving Solana and others’ monolithic approach as the contrarian thesis in the market.
Firedancer, a Solana validator client developed by Jump Crypto, aims to significantly enhance Solana's scalability and reduce latency times.
Firedancer’s first milestone “fd_quic” showed 1 million transaction propagation (messaging) throughput in initial performance tests. Jump Crypto will have to recreate each component of the Solana architecture to achieve Firedancer in full.
If successful, Firedancer could unlock blue ocean markets for the Solana ecosystem via an unprecedented mix of throughput, composability, and low costs. However, execution, timing, and competition pose risks to its adoption and success.
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