Jito has just launched the BAM feature on the testnet, initiating the first steps for building private and verifiable blocks on the Solana network.
The BAM feature helps optimize the block creation method on the Solana blockchain, currently in public testing phase before mainnet deployment.
MAIN CONTENT
Jito introduces BAM – a solution for building private and verifiable blocks for Solana.
BAM currently has its first validator cluster on the testnet.
The public testnet will be opened soon, with the mainnet expected to follow.
What is the BAM feature and why is it important for the Solana network?
The BAM feature uses a new block building method to enhance security and performance for the Solana blockchain.
Jito develops BAM to address the limitations in traditional block creation processes while supporting the building of private blocks that can be easily verified. This contributes to increased transparency and better protection of transaction data, helping Solana expand its application capabilities in DeFi systems and other complex applications.
How is BAM being deployed on the Solana network?
Jito has launched the BAM feature with the first validator cluster on the testnet, marking an important experimental step.
After completing the testnet phase with full testing and adjustments, Jito plans to open a public testnet for the community to evaluate widely. This is a crucial step before proceeding with deployment on the Solana mainnet, ensuring reliability and stability for the network when widely applying the new feature.
The launch of BAM is an important step towards a more secure blockchain and better throughput capabilities on the Solana network.
Director of Development at Jito, August 2024
What are the main benefits of implementing BAM on Solana?
BAM enhances the security of block information and increases transparency in the transaction validation process on Solana.
When using BAM, block-creating nodes can maintain privacy while still ensuring that the block can be verified by other nodes. This is a significant improvement solution that helps reduce the risk of attacks as well as unauthorized interference in the data chain, while increasing scalability for Solana in DeFi applications, NFTs, or Layer 2 solutions.
How will the BAM deployment roadmap unfold?
BAM is currently in the testnet phase with the first validator cluster, followed by public testnet and finally deployment on the mainnet.
This roadmap is specified by the Jito Foundation, aiming to gradually complete from internal testing to broad community evaluation. The final deployment on the mainnet will provide utility for the Solana network in enhancing operational efficiency and ensuring transparency and security on a large scale.
Frequently Asked Questions
What is BAM in the Solana network?
BAM is a feature for building private and verifiable blocks to enhance security and performance on the Solana blockchain.
What has the BAM testnet implemented?
Jito has launched the first validator cluster on the testnet to test BAM, preparing for the next public testnet.
What benefits does BAM provide for Solana users?
BAM helps protect transaction data, increases transparency, and expands application capabilities on Solana.
When will BAM be implemented on the mainnet?
The mainnet will be activated after completing the testnet and public testnet phases according to Jito's roadmap.
Does the BAM feature affect transaction fees?
Currently, there is no specific information on the impact of BAM on transaction fees on Solana.
Source: https://tintucbitcoin.com/solana-ra-mat-bam-tren-testnet-hieu-qua/
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