Big news about Solana, a type of cryptocurrency network! Solana is making some changes, and these changes might affect the people who help keep the network running (called validators). It's like upgrading a computer, but with some unexpected consequences.
- Solana is planning upgrades to make it faster and better.
- These upgrades could reduce the money validators earn by a lot (maybe up to 95%).
- This could cause smaller validators to quit, making the network less spread out and more controlled by a few.
- Solana is still very busy, doing more trading than Ethereum recently.
| Thing | Number |
|---|---|
| Possible Validator Income Reduction | Up to 95% |
| Yearly Voting Fees (per validator) | ~$58,000 |
| Yearly Hardware Costs (per validator) | ~$6,000 |
| Solana's February Trading Volume | $109 Billion |
