Jump Crypto to build new validator client for Solana

Jump Crypto has announced that it will work with the Solana Foundation to build a new validator client for Solana (SOL/USD).

The collaboration between Jump Crypto and the non-profit organisation helping develop the Solana network targets an open source validator client, different from that which Solana Labs built.

Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

According to Jump Crypto’s announcement, their proposal seeks to significantly boost the Solana network’s scalability and reliability.

Solana’s second validator client

Both Jump Crypto and Solana Foundation agree that this is an “ambitious undertaking” but one that could see Solana put behind it the ‘ugly’ outages that have characterised its growth over the past two or so years.

Anatoly Yakovenko, the co-founder of Solana, said that the project will help the blockchain platform “maintain its status as the best place to build in web3.” Other than that, it’s going to make it possible to scale the network to billions of users, while at the same time adding to its resiliency and efficiency.

Developers will use the C++ programming language to build the new client, which if it succeeds, will give the proof-of-stake (PoS) blockchain its second independent validator client.Solana continues to see growth around the DeFi and NFTs ecosystem, among other key blockchain verticals despite recent weaknesses.

Earlier this month, FTX CEO Sam Bankman-Fried said the platform is one of the “most underrated” in the industry.