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Crypto
Solana to triple transaction capacity on Sept 9, narrowing gap with Ethereum
Solana will launch a new transaction format, TransactionV1, to expand per-transaction capacity from 1,232 bytes to 4,096 bytes, more than tripling the limit, CoinPost reported. The change enables processing of large cryptographic proofs and multi-signature transfers in a single transaction, while legacy formats continue to work. Software that reads blocks and transactions must support the new format. Solana is also preparing the AlpenGlow upgrade to cut finality to about 150 milliseconds and plans further rent fee and slot-time changes.
Crypto
Ethereum 65 percent, Solana 100 percent vulnerable to quantum attacks as \'Q-day\' shock looms
Ethereum and Solana face significant security risks in a future era of quantum computers, an analysis said. Quantum security group Project Eleven assessed that about 65 percent of Ethereum and virtually all of Solana are vulnerable to quantum attacks that could undermine public-key cryptography. It cited risks to Ethereum validator keys and Solana addresses that embed public keys. The Ethereum Foundation and Solana ecosystem developers are preparing post-quantum upgrades, with timelines extending into the next decade.
Crypto
Solana adopts Falcon signatures to counter quantum computing threat, says performance hit manageable
The Solana Foundation has outlined a plan to shift network security to prepare for quantum computing threats while maintaining performance and user experience through a phased rollout. Core development group Anza and validator client Firedancer from Jump Crypto have both chosen the quantum-resistant signature scheme Falcon and begun initial implementation. The foundation said the quantum threat is real but not imminent and that deployment is ready. It said any performance impact would be manageable.