Solana validators pass ‘Timely Vote Credits’ plan to speed up transactions

Solana’s validators voted 98% in favor of a proposal that could speed up transaction confirmation times.

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Solana validators have voted in a proposal aimed at decreasing the latency of consensus “votes” — which could speed up transactions on the blockchain. 

The proposal calls for a “Timely Vote Credits” mechanism on Solana and was passed on April 9 with 98% votes in favor.

It would change how validators are incentivized to make “votes” — a key part of Solana’s consensus mechanism that confirms transactions.

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