Solana Plans Major Design Overhaul with New Alpenglow Consensus Protocol
Key updates in cryptocurrency technology development:
- Solana's Core Upgrade: Solana plans a significant redesign of its consensus mechanism with the Alpenglow protocol, aiming for faster finality and improved responsiveness. This upgrade will replace the current Proof of History and Tower BFT systems.
- Ethereum Node Proposal: Vitalik Buterin proposed a design for "partially stateless nodes" to ease the hardware requirements for running Ethereum nodes, allowing users to store only a portion of the blockchain data rather than the full 1.3 TB.
- World Network Token Sale: Sam Altman's World Network raised $135 million from a private token sale to a16z and Bain Capital Crypto, aimed at expanding its network functionality.
- Solana Seeker Mobile Launch: The Solana Seeker phone is set to launch on August 4, with initial sales of over 150,000 units planned, alongside a new SKR token for mobile users.
Additional Highlights
- Bitcoin Price Surge: Bitcoin reached a record price of $109,486, increasing by over 46% since April.
- Stablecoin Legislation Progress: The U.S. Senate advanced stablecoin legislation, clearing a procedural hurdle for future debates and votes.
Upcoming Events
- May 19-23: Solana Accelerate, New York City
- May 20-22: Avalanche Summit, London
- May 27-29: Bitcoin 2025, Las Vegas
- May 27-29: ETHPrague, Prague
- June 8-22: Berlin Blockchain Week, Berlin
- June 30-July 3: EthCC, Cannes
- July 16-18: Web3 Summit, Berlin
- Sept. 22-28: Korea Blockchain Week, Seoul
- Oct. 1-2: Token2049, Singapore
- Dec. 11-13: Solana Breakpoint, Abu Dhabi