{"id":570698,"date":"2022-05-03T17:58:33","date_gmt":"2022-05-03T16:58:33","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=570698"},"modified":"2022-05-03T17:58:33","modified_gmt":"2022-05-03T16:58:33","slug":"solana-adding-additional-transaction-fee-after-spambots-caused-a-7hr-outage","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/solana-adding-additional-transaction-fee-after-spambots-caused-a-7hr-outage\/","title":{"rendered":"Solana Is Considering Adding a Feature for Users to Specify an Additional Transaction Fee After Spambots Caused a 7hr Outage"},"content":{"rendered":"<p>Summary:<\/p>\n<ul>\n<li>Solana has announced plans to introduce a feature that allows its users to specify an additional fee per transaction<\/li>\n<li>The feature comes in the wake of the Solana Network suffering a seven-hour outage due to spambots<\/li>\n<li>Two other mitigations have been proposed to prevent a similar outage<\/li>\n<li>They include the implementation of QUIC and stake-weighted QoS<\/li>\n<\/ul>\n<p>The team of developers at Solana (SOL) has <a href=\"https:\/\/solana.com\/news\/04-30-22-solana-mainnet-beta-outage-report-mitigation\" target=\"_blank\" rel=\"nofollow noopener\">proposed plans<\/a> to introduce a new feature that lets its users specify an additional fee to be collected upon execution of a transaction and its inclusion in a block.<\/p>\n<p>The new feature is a &#8216;fee-based execution priority&#8217; and will allow users of Solana to express the urgency of their transactions as the current stake-weighting &#8216;is not suitable for this prioritization.&#8217; Furthermore, &#8216;the ratio of this fee to the requested compute units will serve as a transaction\u2019s execution priority weight.&#8217;<\/p>\n<p>They also added that fee prioritization was a work in progress and targeted for the v1.11 release of the <a href=\"https:\/\/en.ethereumworldnews.com\/legendary-nwa-rapper-ice-cube-scoops-degod-nft-for-265-solana-sol\/\" target=\"_blank\" rel=\"noopener\">Solana<\/a> mainnet.<\/p>\n<h2>Additional Fees are Part of Solana&#8217;s Plan to Mitigate Against Another Outage<\/h2>\n<p>User-consented additional fees on Solana are part of the network&#8217;s plans to mitigate against <a href=\"https:\/\/en.ethereumworldnews.com\/solana-sol-7hr-outage-bots-crowding-the-candy-machine-nft-minting-tool\/\" target=\"_blank\" rel=\"noopener\">another outage<\/a> such as the one that was experienced this past weekend due to spambots. Solana has also proposed the following two mitigation measures in addition to the fee suggestion.<\/p>\n<ul>\n<li>QUIC &#8211; Solana&#8217;s core protocols are to be implemented atop QUIC, a protocol built by Google. QUIC is designed for fast asynchronous communication like Solana&#8217;s UDP-protocol but has sessions and flow control like TCP<\/li>\n<li>Stake-Weighted Transaction QoS &#8211; <a href=\"https:\/\/en.ethereumworldnews.com\/solana-price-continues-to-soar-gains-10-in-the-last-24-hours\/\" target=\"_blank\" rel=\"noopener\">Solana<\/a>, being a Proof-of-Stake protocol, will extend the utility of stake-weighting to its transaction quality of service. Consequently, a node with 0.5% stake will have &#8216;the right to transmit at least 0.5% of the packets to the leader, and the rest of the network and no combination of the remaining stake will be able to fully wash them out.&#8217;<\/li>\n<\/ul>\n<h2>Solana&#8217;s $82 Support Held, Could Benefit from Bitcoin Holding $38k<\/h2>\n<p>With respect to price, Solana is trading at $86.50 after a local low of $82 experienced on Saturday during the monthly close. However, the daily chart continues to confirm a downtrend as SOL is trading below the 50-day (white), 100-day (yellow), and 200-day (green) moving averages.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02.png\"><img class=\"aligncenter size-full wp-image-570701\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02.png\" alt=\"\" width=\"1013\" height=\"506\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02.png 1013w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02-300x150.png 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02-770x385.png 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02-500x250.png 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02-561x280.png 561w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02-269x134.png 269w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/SOLUSDT_2022-05-03_19-57-02-746x373.png 746w\" sizes=\"(max-width: 1013px) 100vw, 1013px\" title=\"\"><\/a><\/p>\n<p>The daily MACD, MFI, and RSI are still in oversold territory and could provide the first signs of a bounce if Bitcoin continues to hold its head above the crucial $38k price area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary: Solana has announced plans to introduce a feature that allows its users to specify an additional fee per transaction The feature comes in the wake of the Solana Network suffering a seven-hour outage due to spambots Two other mitigations have been proposed to prevent a similar outage They include the implementation of QUIC and stake-weighted QoS The team of developers at Solana (SOL) has proposed plans to introduce a new feature that lets its users specify an additional fee [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":570699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108340],"tags":[108382,108360,108243],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/570698"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=570698"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/570698\/revisions"}],"predecessor-version":[{"id":570702,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/570698\/revisions\/570702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/570699"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=570698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=570698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=570698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}