The post Memecoins, Galaxy Fox to benefit from Solana’s $1M bug bounty appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Galaxy Fox, a play-to-earn game, opts for Ethereum’s robust smart contracts platform, citing its 100% uptime and global transaction processing. TDLR: Solana aims to fix reliability challenges Firedancer bug bounty goes live with a $1 million reward Galaxy Fox and memecoins to benefit from infrastructure upgrade Public blockchains like Ethereum, Bitcoin, and Litecoin all have one thing in common: They are highly reliable. After launch, they continue to maintain a 100% uptime, processing all transactions regardless of time and location. Their robustness and security, as seen on Ethereum, a smart contracts platform, is why Galaxy Fox, a play-to-earn game, decided to deploy its smart contracts. Solana fixing reliability challenges, Firedancer bug bounty program is live While Solana boasts high transaction speeds and low fees, the network is fragile and unreliable compared to Tron or Ethereum. Jump Crypto has been building the Firedancer validator client from scratch to address this concern. Like Besu or Geth on Ethereum, the validator client will aid transaction processing and keep the network decentralized and secure. The Firedancer validator client will complement the existing client, meaning Solana node operators have an option, leading to a more diversified environment. Most importantly, since Firedancer is powered by new code, its creators said it aims to make Solana more performant. This is necessary because, over the months, Solana has emerged as a choice platform for memecoins, attracting both developers and traders. Some quarters say through Firedancer, Solana will now process upwards of 1 million transactions every second. Weeks after the Firedancer validator client page went live, Jump Crypto recently announced a 42-day bug bounty program. All developers planning to participate must submit their details as part of KYC.…

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Filed under: News - @ July 14, 2024 11:26 am