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Solana Community Votes to Allocate All Priority Fees to Validators

Solana has decided to allocate all priority fees to its network validators. This decision marks a significant change in the network’s fee structure and is aimed at enhancing the incentives for validators who play a crucial role in maintaining and securing the Solana blockchain.

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Solana has decided to allocate all priority fees to its network validators. This decision marks a significant change in the network’s fee structure and is aimed at enhancing the incentives for validators who play a crucial role in maintaining and securing the Solana blockchain.

The proposal, which garnered substantial support from the Solana community, focuses on redirecting all priority fees to validators, thereby increasing their potential earnings. Priority fees are additional charges paid by users to prioritize their transactions during periods of high network congestion. By allocating these fees exclusively to validators, the network aims to ensure that validators are adequately rewarded for their contributions to network performance and security.

This move is expected to strengthen the alignment of interests between validators and the overall network health. Validators, who are responsible for processing transactions and maintaining the blockchain, will now have a more direct financial incentive to prioritize network efficiency and reliability.

The decision comes at a time when Solana is experiencing increased usage and transaction volume, partly driven by its growing ecosystem of decentralized applications (dApps) and non-fungible tokens (NFTs). By enhancing validator rewards, Solana aims to attract more validators to the network, thereby increasing its decentralization and robustness.

Community feedback played a pivotal role in this decision, reflecting Solana’s commitment to a decentralized governance model. The outcome of the vote underscores the community’s support for measures that incentivize validators and enhance the overall performance of the blockchain.

As Solana continues to grow, this adjustment in the fee structure is expected to contribute positively to its scalability and user experience. By prioritizing the interests of validators, Solana aims to maintain its competitive edge in the rapidly evolving blockchain landscape.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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