BlockchainCo-founder of Solana Advocates for ORE Fork to Conduct Network Stress Testing

Co-founder of Solana Advocates for ORE Fork to Conduct Network Stress Testing

Date:

Anatoly Yakovenko, co-founder of Solana, has proposed a fresh open plan to address the network issues of the blockchain. In his recent call, Yakovenko advocated for the forking of the ORE protocol to conduct network stress tests.

The proposal came in response to a post by Chaofan Shou, a PhD student at the University of Berkeley, who claimed to make $10,000 daily from mining ORE. Yakovenko saw this as an opportunity to stress test Solana.

Before introducing ORE, a token based on Solana that utilizes a mining mechanism for claiming, Yakovenko provided some context. He believes that forking ORE to make it more common would pique the interest of many. Although his setup relies on bloXroute and Jito Bundles, he is confident that everyone would be interested in forking it.

In his proposal, Yakovenko asked if it was possible to build an ORE fork using a miner on Solana’s testnet and then distribute rewards on the mainnet. This proposal is in line with Solana’s core developers’ efforts to explore various options on the testnet to ensure the blockchain’s long-term viability and alleviate congestion problems.

Yakovenko believes that an appealing ORE fork could attract thousands, if not millions, of users who would provide the necessary traffic to test if Solana can handle congestion. He also offered incentives for those interested in participating, with miners and testers receiving free monetizable tokens, and Solana finally getting the stress test it desires. He confirmed that the main developers and validators of the blockchain would support this move.

In other news, the CEO of Custodia Bank criticized the Federal Reserve’s limitations on innovation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot News

Related
Related

Arctic Pablo Coin’s Listing Target of $0.008 Creates Buzz — Is This the Top Cryptocurrency to Invest in Now as Brett and Others Anticipate...

How often does a coin raise over $2.76 million while still sitting at just $0.0003?Arctic Pablo Coin...

“$1,250 in Arctic Pablo Could Transform into $33K — Top Cryptocurrencies to Invest in 2025 as Celestia and Terra Classic Progress”

When a fresh crypto with innovative mechanics hits the market, curiosity sparks fast. Celestia unve...

Binance Assists the Philippines in Disrupting $3.75 Million Cryptocurrency Ransom Operation

The Anti-Cybercrime Group of the Philippine National Police experienced challenges in tracking the l...

How One Token Is Subtly Creating a Greater Impact than Solana: An Inside Look at the Unexpected Ascent of Neo Pepe ($NEOP)

In the crypto universe, few tokens garner attention quietly—fewer still surpass the excitement sur...