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The Solana development company Anza announced that it has officially recommended the mainnet validators upgrade to Agave 4. This upgrade introduces XDP for Turbine, QUIC-only TPU data access, a faster replay stage, and several SIMD features that will be activated during this cycle.Anza stated that production environment tests on large mainnet validators showed that XDP has reduced the Turbine retransmission delay from about 600 ms to approximately 0.8 ms, providing critical performance headroom for Solana's push towards 100 million CU blocks. Additionally, Agave 4 has completely removed UDP transaction access, making QUIC the only transaction submission method; PoH entry verification and Ed25519 signature verification have also been removed from the critical path and processed asynchronously to enhance replay stage performance.This round of upgrades will also gradually enable several SIMD features, including p-token (an SPL Token alternative that can free up about 13% of block capacity), Stake Program v5, SBPFv3 support, pre-funded account creation, and BLS12-381 syscall, among others.

According to market news, the Solana core development team Anza has launched the Constellation protocol, a multi-concurrent proposer protocol that shortens Solana's block cycle to 50 milliseconds, making it the fastest blockchain in terms of economic rhythm at the protocol level.This protocol replaces the single leader model, eliminating exclusive control over transaction inclusion and ordering through concurrent proposers, enforcing fairness at the protocol level without relying on trusted third parties or modifying clients, while the validator economic model remains largely unchanged.

Brennan Watt, Vice President of Core Engineering at Solana research and development company Anza, stated at the Solana Breakpoint conference that the proposal SIMD-0389 could reduce the rent for Solana account creation by 10 times, with the potential for a 100 times reduction.According to Anza's analysis of the security slowdown mechanism, this change was discussed at the recent SolanaConf and could release broader adoption by reclaiming hundreds of millions of dormant SOL while maintaining network security.

Max Resnick, the chief economist of Solana research and development company Anza, stated at the Solana Breakpoint conference, "We reached 100,000 TPS in May. Not on the testnet, not in the white paper, but in the official launch. The market structure is also evolving in real-time: proprietary market makers are tightening the spreads, and now the trading volume of SOL-USD is three times that of Binance, with competition becoming extremely fierce, and the order book is getting tighter and deeper every day."

ChainCatcher news, XION founder Anthony Anzalone has confirmed his attendance at the "Insights For Web3 Future" industry summit to be held in Seoul on September 24. Anthony Anzalone will participate in a roundtable discussion titled "The Future of Public Chains: Opportunities and Challenges in the Multi-Chain Era," alongside Chi Zhang, co-founder of KITE AI, Jake, CEO of Nero, Ella Qiang, head of the Asia-Pacific region for Berachain, Raymond Chen, director of ecosystem growth at NEO, and Qi Zhou, founder of QuarkChain, to discuss the future development trends of public chains.As one of the key peripheral events of KBW 2025, this summit has attracted participation from several well-known projects including XION, Taiko, Camp Network, Google Cloud, Berachain, Duckchain, Kite AI, SOON, B²Network, SkyDAO, AI Liquid, BaidaoData, Nubila, and K1 Lbas. Top KOLs from Korea, core community representatives, and important industry institutions will also be present to discuss cutting-edge trends in Web3 and new opportunities for ecological cooperation.

ChainCatcher news, according to Blockworks, Anza has proposed two proposals to implement a slashing mechanism in the network, primarily targeting the so-called "duplicate blocks" to penalize validators, which refers to the situation where the same block is created twice. Anza has not yet decided on the specific economic details of the penalty mechanism, but the author of SIMD suggested destroying (or functionally abolishing) the staked tokens that are penalized.Anza's Ashwin Sekar also proposed a parabolic penalty curve: if 5% of a validator's staked tokens are in violation, then 1% of their staked tokens will be destroyed; if 33% of the staked tokens are in violation, then all staked tokens will be penalized. Sekar explained in a validator discussion session that Ethereum's penalty curve is linear. Sekar also stated that the penalty proposal is still in its early stages, and such updates are not expected to be released until the summer of 2025 at the earliest.

ChainCatcher news, Ethereum ecosystem developer Max Resnick announced that he has left his job at Consensys to join Solana development company Anza.Resnick plans to write specifications for the Solana protocol as much as possible in the initial 100 days, prioritizing the fee markets and consensus implementations that he believes will have the greatest impact.Resnick stated that he will continue to collaborate with the Consensys team as a research advisor while focusing on his new role.

ChainCatcher news, according to Globenewswire, U.S. publicly traded company Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of Bitcoin as a financial reserve asset. The board has authorized Banzai to use company funds to purchase and hold Bitcoin, up to 10% of the company's corporate financial accounts, to achieve diversification of financial assets and hedge against inflation.Banzai founder and CEO Joe Davy stated, "We believe that Bitcoin will diversify our assets and allow us to benefit from the potential long-term value of Bitcoin."It is reported that Banzai is a marketing technology company that provides essential marketing and sales solutions.

ChainCatcher news, the East African country of Tanzania has restricted access to the social media platform X. The internet monitoring organization Netblocks has confirmed this ongoing disruption.Meanwhile, the police have issued a warning that the opposition plans to attack police stations. Politician Tundu Lissu and four other opposition officials from the Chadema party have been arrested in Tanzania. The Tanzanian police warned Chadema members organizing protests via Zoom that these meetings are being used to plan small-scale attacks. The Tanzanian public is using virtual private networks to access X and express their dissatisfaction. Last year, the government considered introducing a mandatory licensing system for the use of virtual private networks.

ChainCatcher news, Anza, the head of developer relations, revealed the results of the recent Solana developer community call on the X platform, which mentioned:The enterprise-level Web3 cloud infrastructure Syndica has made significant progress with its Zig client (Sig);The Solana light client Tinydancer has launched its testnet;Ongoing work related to the Solana node validator Firedancer is continuing to advance.

ChainCatcher news, Solana's new software development company Anza tweeted that it has made significant progress after collaborating with core contributors to analyze the root causes of Solana network congestion and evaluate multiple potential changes, with hopes to start releasing fixes next week. In addition, the Anza team tested a patch for the current network congestion yesterday. The officials stated that the core issues are related to the QUIC implementation and the behavior of the Agave validator client when handling a large number of requests. The team will roll out more improvements and changes over the coming months.

ChainCatcher news, Solana announced on the X platform that a new software development company in the Solana ecosystem, Anza, has been established today. Anza intends to develop its own validator client, Agave, and join the list of core contributors helping to build the Solana network. It is reported that the company was founded by a group of executives and core engineers from Solana Labs and is building a next-generation developer hub centered around Solana.

ChainCatcher news, according to Fortune magazine, about 45 of the 100 existing employees at Solana Labs are transitioning to a new entity called Anza, to help further "decentralize" the Solana ecosystem, maintain and improve the existing infrastructure of the blockchain, and develop other applications and products.Jed Halfon, former strategic lead and former consul general of Solana Labs, serves as the Chief Strategy Officer of Anza, along with Solana co-founder Stephen Akridge and former operations lead Amber Christensen, who have also moved to Anza. Anza is currently funded by grants from the Solana Foundation. Solana Labs holds a 13% stake in the company.When asked whether the creation of the new legal entity is related to the increased legal scrutiny of blockchain over the past year, a spokesperson for Solana Labs insisted that the spin-off is part of a broader strategic plan.

ChainCatcher news, focusing on the South African market, blockchain financial company Canza Finance announced the completion of a $2.3 million strategic financing round, led by Polychain, with participation from ProtocolLabs, AvaLabs, 99 Capital, BitscaleCapital, StratifiedCap, ContangoDigital, and others. This round of financing enables us to further develop innovative tools and services aimed at reducing the costs of doing business on the African continent.According to the crypto data platform RootData, Canza is building the world's largest non-institutional financial system, leveraging decentralized finance (DeFi) and a robust network of experienced local market participants to distribute financial and transaction-based services to the masses. Canza Finance's solutions involve five different but interconnected areas, including cryptocurrency on-ramps and off-ramps, cross-border settlements, treasury services, decentralized finance, crypto ATMs, agent-based banking, and IPFS storage.

ChainCatcher news, according to China.com, Hainan Tancang Technology Co., Ltd. (hereinafter referred to as "Tancang Technology") has recently completed a Pre-A round financing of over ten million yuan. This round of financing was led by China Mobile Capital (with China Mobile Group as the actual controller), and followed by Shunwei Capital (co-founded by Lei Jun), with the financing amount exceeding ten million yuan.Tancang Technology has previously collaborated with several domestic museums to issue diverse digital collectibles. Gao Lei, Chief Operating Officer of Tancang Technology, stated: "After completing this Pre-A round of financing, we will accelerate the layout and construction of the digital asset trading platform under Tancang Technology in the near future. At the same time, our professional Web3.0 team is confident in creating a benchmark project for domestic digital asset trading platforms, laying a solid foundation for the overseas expansion of Chinese traditional culture and embracing the Web3.0 trend."