Solana Proposal to Activate Priority Fee Rewards for Mainnet-Beta Validators Passes

IconCryptoNewsTerminal Staff27 May, 2024

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Solana Proposal to Activate Priority Fee Rewards for Mainnet-Beta Validators Passes

Solana's proposal to activate priority fee rewards for Mainnet-Beta validators has passed. This proposal aims to incentivize validators to prioritize transactions with higher fees, improving the overall transaction processing efficiency on the network. By implementing this change, Solana aims to enhance the user experience and attract more developers to build on its platform.