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Firedancer Delivered Good Results in Initial Performance Tests, Hitting 1 million TPS

Solana's Firedancer validator client has delivered good results in initial performance tests, achieving 1 million transactions per second (TPS) and reducing latency times significantly. This could make the network more attractive to decentralized finance (DeFi) applications and high-frequency traders. While most networks opt for a modular approach to scalability, Solana has taken a monolithic approach at layer-1.

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