Close Menu
Ztoog
    What's Hot
    Science

    We now have even more evidence against the “ecocide” theory of Easter Island

    The Future

    Robotic dodecahedron searches the deep sea for new species

    Mobile

    Chrome’s ‘Tab Groups’ feature could be coming to Android

    Important Pages:
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    Ztoog
    • Home
    • The Future

      How I Turn Unstructured PDFs into Revenue-Ready Spreadsheets

      Is it the best tool for 2025?

      The clocks that helped define time from London’s Royal Observatory

      Summer Movies Are Here, and So Are the New Popcorn Buckets

      India-Pak conflict: Pak appoints ISI chief, appointment comes in backdrop of the Pahalgam attack

    • Technology

      Ensure Hard Work Is Recognized With These 3 Steps

      Cicada map 2025: Where will Brood XIV cicadas emerge this spring?

      Is Duolingo the face of an AI jobs crisis?

      The US DOD transfers its AI-based Open Price Exploration for National Security program to nonprofit Critical Minerals Forum to boost Western supply deals (Ernest Scheyder/Reuters)

      The more Google kills Fitbit, the more I want a Fitbit Sense 3

    • Gadgets

      Maono Caster G1 Neo & PD200X Review: Budget Streaming Gear for Aspiring Creators

      Apple plans to split iPhone 18 launch into two phases in 2026

      Upgrade your desk to Starfleet status with this $95 USB-C hub

      37 Best Graduation Gift Ideas (2025): For College Grads

      Backblaze responds to claims of “sham accounting,” customer backups at risk

    • Mobile

      Samsung Galaxy S25 Edge promo materials leak

      What are people doing with those free T-Mobile lines? Way more than you’d expect

      Samsung doesn’t want budget Galaxy phones to use exclusive AI features

      COROS’s charging adapter is a neat solution to the smartwatch charging cable problem

      Fortnite said to return to the US iOS App Store next week following court verdict

    • Science

      Failed Soviet probe will soon crash to Earth – and we don’t know where

      Trump administration cuts off all future federal funding to Harvard

      Does kissing spread gluten? New research offers a clue.

      Why Balcony Solar Panels Haven’t Taken Off in the US

      ‘Dark photon’ theory of light aims to tear up a century of physics

    • AI

      How to build a better AI benchmark

      Q&A: A roadmap for revolutionizing health care through data-driven innovation | Ztoog

      This data set helps researchers spot harmful stereotypes in LLMs

      Making AI models more trustworthy for high-stakes settings | Ztoog

      The AI Hype Index: AI agent cyberattacks, racing robots, and musical models

    • Crypto

      ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

      Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

      eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

      Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

      Speak at Ztoog Disrupt 2025: Applications now open

    Ztoog
    Home » Solana Enhances Privacy Offerings As SOL’s Uptrend Persists With 4% Gains
    Crypto

    Solana Enhances Privacy Offerings As SOL’s Uptrend Persists With 4% Gains

    Facebook Twitter Pinterest WhatsApp
    Solana Enhances Privacy Offerings As SOL’s Uptrend Persists With 4% Gains
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Solana (SOL), a layer 1 proof-of-stake blockchain, has launched model 1.16, which boosts person privateness by “Confidential Transfers.” This replace contains encrypted Solana Program Library (SPL) token transactions, making certain confidentiality quite than anonymity. 

    The adoption of model 1.16 by Solana’s community of validators has reached a majority after ten months of improvement and an audit by Halborn, a blockchain safety agency.

    Solana Labs Rolls Out Privacy-Enhancing Update

    According to the announcement made by Solana’s infrastructure supplier Helius, The replace has undergone rigorous testing, with v1.16 operating on testnet since June 7, 2023. 

    Volunteer and canary nodes have reportedly performed a vital position in figuring out and resolving points in the course of the testing part. Solana Labs has additionally deployed canary nodes on mainnet-beta to observe the steadiness of v1.16 beneath real-world situations.

    Solana employs a characteristic gate system to stop consensus-breaking modifications, making certain that validators operating older variations don’t fork off the canonical chain. 

    What’s extra, Consensus-breaking modifications now require a Solana Improvement Document (SIMD) and better transparency by documentation.

    Confidential Transfers, launched by Token2022, make the most of zero-knowledge proofs to encrypt balances and transaction quantities of  SPL tokens, prioritizing person privateness. 

    Looking forward, Solana Labs plans to undertake a extra agile launch cycle, focusing on smaller releases roughly each three months. 

    Room For Growth

    According to a Nansen report, Solana has witnessed a major surge in its Total Value Locked (TVL) all through this 12 months, almost doubling because the starting of 2023, and at the moment boasting a TVL of 30.95 million SOL. 

    Solana’s TVL in SOL. Source: Nansen on X.

    Monthly transactions on the Solana community have remained comparatively steady, with a rise in vote transactions, encompassing each vote and non-vote transactions.

    Furthermore, Nansen highlights that Solana has applied modern options corresponding to state compression and remoted charge markets to deal with distinguished points inside its tech stack.

    One notable resolution, state compression, has considerably decreased the price of non-fungible token (NFT) minting on Solana greater than 2,000 occasions. 

     State Compression Unleashes Affordable NFT Minting

    For occasion, the price of minting 1 million NFTs earlier than the introduction of state compression would have amounted to roughly $253,000. In distinction, with state compression enabled, the fee is considerably decreased to simply $113. 

    In comparability, minting an analogous assortment measurement on Ethereum would price roughly $33.6 million, and on Polygon, it will quantity to round $32,800.

    Furthermore, the liquid staking panorama on Solana is experiencing fast progress, with main platforms like Marinade Finance, Lido Finance, and Jito taking the forefront. 

    However, regardless of this progress, the present quantity of staked SOL in Solana’s liquid staking protocols accounts for lower than 3% of the whole staked SOL, indicating substantial room for growth.

    It is value noting that the report by Nansen raises issues in regards to the uncertainty surrounding FTX/Alameda’s SOL holdings, as FTX holds over 71.8 million SOL, representing roughly 17% of the circulating provide and 13% of the whole provide. 

    While this example might current short-term dangers to Solana’s progress trajectory, it’s important to observe its impression intently.

    Solana
    SOL’s uptrend continues with a 4% acquire over the previous hours. Source: SOLUSDT on TradingView.com

    On the opposite hand, the native token of the protocol, SOL, continues to exhibit substantial positive factors throughout all timeframes. The token is buying and selling at $23.68, reflecting a rise of over 4% prior to now 24 hours.

    Featured picture from Shutterstock, chart from TradingView.com 

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Crypto

    ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

    Crypto

    Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

    Crypto

    eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

    Crypto

    Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

    Crypto

    Speak at Ztoog Disrupt 2025: Applications now open

    Crypto

    CME Expands XRP Futures Trading for Crypto Investors

    Crypto

    Top Analyst Predicts Ethereum Could Ignite Bull Rally If Price Surpasses $2,330

    Crypto

    Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even

    Leave A Reply Cancel Reply

    Follow Us
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Top Posts
    Crypto

    Sam Bankman-Fried found guilty on all seven counts

    Sam Bankman-Fried, the co-founder and former CEO of crypto change FTX and buying and selling…

    Gadgets

    Dealmaster: Amazon Prime Day is over but these tech deals are still active

    Vitamix Amazon’s Prime Day could also be over this yr, but not all of the…

    Technology

    AI diagnoses autism in young children with 98.5% accuracy

    A groundbreaking AI system, which might diagnose autism in children between 24 and 48 months…

    Science

    Why volcanic lava is so hard to stop

    This article was initially featured on The Conversation. Fountains of lava erupted from the Sundhnúkur…

    Mobile

    Infinix demos color-changing back panels for phones with E Ink technology

    A couple of years in the past we examined the Infinix Concept Phone 2021, which…

    Our Picks
    Science

    Distant Milky Way-like galaxy is older than we thought possible

    Gadgets

    Google lays off “hundreds” more employees, strips Google Assistant features

    Mobile

    Chrome for Android will soon allow you to use your preferred password manager

    Categories
    • AI (1,482)
    • Crypto (1,744)
    • Gadgets (1,796)
    • Mobile (1,839)
    • Science (1,853)
    • Technology (1,789)
    • The Future (1,635)
    Most Popular
    The Future

    Disney’s Florida Legal Battle Continues as Free Speech Lawsuit Gets Dismissed

    AI

    Providing the right products at the right time with machine learning

    Gadgets

    Motorola Adaptive Display: A Smartphone That Bends Around The Wrist

    Ztoog
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    © 2025 Ztoog.

    Type above and press Enter to search. Press Esc to cancel.