BREAKING
399d 5h ago

Solana Foundation Proposes SIMD-0215 to Enhance Infrastructure with Innovative Accounts Lattice Hash

SOL

SOL/USDT

$88.53
+2.64%
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$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

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Solana
Solana
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Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

In a significant move for the crypto landscape, the Solana Foundation has unveiled a transformative proposal, SIMD-0215, aimed at bolstering Solana’s infrastructure to facilitate access for billions of user accounts. This ambitious initiative introduces a novel cryptographic mechanism, the Accounts Lattice Hash, designed to enhance the efficiency and security of account management. The Accounts Lattice Hash utilizes a homomorphic hashing technique that enables the secure and rapid updating of account states. Notably, this innovative solution allows for the inclusion of the hashes of all accounts within each block, extending beyond merely the accounts that have changed. Additionally, it proposes the removal of the Epoch Accounts Hash, streamlining the process and optimizing blockchain throughput. As Solana continues to evolve, these advancements are indicative of the platform’s commitment to scalability and user accessibility in the ever-growing cryptocurrency ecosystem.

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