Originally published on: September 23, 2024
An exciting revelation comes from Jump Crypto’s chief Science Officer Kevin Bowers, who introduced an early version of the Firedancer independent validator client, Frankendancer, making its way to the Solana mainnet. This new validator client is set to play a significant role in the Solana network, contributing to processing transactions and building blocks worth nearly $70 billion.
Firedancer is being hailed as a superior solution, aiming to address past transaction processing failures during network surges, like those observed with the QUIC data transfer protocol. While Bowers reported that Firedancer is currently live on the Solana testnet, there are conflicting claims from another Solana contributor suggesting it is already on the mainnet but operating in a non-voting mode, raising some eyebrows in the crypto community.
In other news, a surge in the Pendle token’s value was witnessed after Arthur Hayes, from Maelstrom, divulged details of selling over 392,000 Pendle tokens for $1.56 million. Hayes clarified the move was made to secure profits and fund a “special situation,” hinting at exciting developments in the pipeline for Maelstrom’s ventures.
On the mainstream front, Bill Maher’s recent commentary on cryptocurrencies being the playground for criminals and energy guzzlers met with some skepticism. His claims were challenged by official estimates, showing crypto mining consumes far less energy than commonly perceived, debunking myths around the sector.
Furthermore, Infinex’s Patron NFT sales have garnered immense attention in the community, with prominent industry names joining the fray to support the platform’s vision for a unified UX layer across decentralized applications. The ongoing NFT sale saw overwhelming participation, hinting at a bright future ahead for Infinex as they gear up to introduce innovative features and revamp the crypto exchange landscape.
Lastly, the recent Web3 wedding hosted by Magazine:Pixels and the Immortal Rising 2 game attracting 400K registrations have solidified the web3 gaming community’s growing influence, showcasing the potential and excitement surrounding blockchain-powered entertainment.
Get ready to dive into the world of crypto, where innovation, investment, and community collaborations pave the way for a dynamic and evolving landscape!
