Solayer, a leading restaking protocol within the Solana ecosystem, has announced its development of InfiniSVM, referred to as “the grand finale of Solayer’s vision.”
powered by hardware-accelerated Solana Virtual Machine (SVM) technology.
The proposed solution is designed for dynamic scalability in response to application demands, achieving a remarkable transaction confirmation time of just 1 millisecond at launch. At its core, the Solana blockchain leverages the Solana Virtual Machine (SVM). It utilizes a parallel processing model to facilitate thousands of transactions per second, making it ideal for decentralized applications. Unlike Ethereum’s sequential processing model, the SVM architecture enhances scalability and efficiency.
Additionally, Solayer has established a non-profit foundation to issue a governance token. Their InfiniSVM platform employs a multi-execution cluster architecture combined with software-defined networking, enabling impressive speeds of up to 100Gbps. To ensure rapid transaction verification, it adopts a novel consensus mechanism known as “proof of assigned stake.” This innovative approach positions Solana as a leader in high-performance blockchain solutions.
The team announced that its InfiniSVM will enhance Solana’s network by horizontally scaling its infrastructure to meet the growing bandwidth demands of decentralized applications. It will also support native yield-bearing assets such as sSOL and sUSD, allowing users to stake directly on the network. Traditionally associated with the Solana mainnet, the SVM is now being adapted by various projects to create alternative instances like InfiniSVM. These instances operate independently from Solana, facilitating the development of Layer 2 solutions or new blockchains while leveraging the SVM’s high performance and offering tailored functionalities for specific use cases.
In a recent development, Solayer partnered with Bitget to introduce liquid staking for Solana (SOL). The new service allows users to stake SOL via BGSOL, a liquid staking token. It enables them to earn rewards while keeping their assets flexible for trading or lending in DeFi activities. Unlike traditional staking, BGSOL ensures liquidity without locking funds, enhancing opportunities within the DeFi ecosystem.
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