Solana validators have voted overwhelmingly in support of the ‘Timely Vote Credits’ that could speed up transaction confirmation times.
The network looks to change how validators are incentivized to make votes, an integral part of Solana’s consensus mechanism.
Solana will soon usher in a new era that promises fast transaction confirmation times. Solana validators have voted in an overwhelming 98% to the ‘Timely Vote Credits’ upgrade.
The new update calls for a “Timely Vote Credits” mechanism on Solana which would see the transactions on the network completed faster.
In the past, validators got one vote credit for each finalized block they voted on. This led some validators to wait before voting to make sure they were on the winning side. The new proposal by Zantetsu from Shinobi Systems would change this. Instead of a flat credit, validators would get more credits for faster votes.
“This will discourage intentional ‘lagging,’ because delaying a vote for any slots d
