Solana community approves Timely Vote Credits mechanism to speed up transaction confirmations

Assad Jafri

The Solana community has voted to activate the Timely Vote Credits (TVC) mechanism on its mainnet to improve the blockchain’s transaction processing speed and overall efficiency. The TVC mechanism introduces a new incentive structure for validators, rewarding faster transaction processing with higher vote credits. The decision to activate the mechanism follows comprehensive testing and discussions […]

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Solana community approves Timely Vote Credits mechanism to speed up transaction confirmations