New Solana Update is Live; What Value Does it Add to the Platform

New Solana Update is Live; What Value Does it Add to the Platform

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Solana v1.16 will reduce random access memory (RAM) usage for validators.
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Its value has declined by 0.32 percent in the past 24 hours.
Latest Solana (SOL) update, v1.16, is here. Helius, the network’s development platform, confirmed the news in their official press release. The announcement claims to have resolved several issues including slow startups for remote procedure call (RPC) nodes and general protection faults. Moreover, it will bring ‘Confidential Transfers’ to enhance user privacy.
Solana to Focus More on ‘Confidentiality’
Some features according to the release are not live yet and will be revealed gradually via features gate system. In addition to Confidential Transfers, as the name suggests, developers will focus more on confidentiality instead of anonymity. The update also increases runtime of zero-knowledge proofs, a validation protocol between prover and verifier nodes.
Furthermore, v1.16 will reduce random access memory (RA

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