The new payment prioritization model will not increase transaction fees on the Solana network. This was stated by the founder of the project, Anatoly Yakovenko.

ELI5 fade charges:
Once all features are available, there will be fees. Does this mean that the network will be expensive? Number! 🧵https://t.co/vWfJxYXjiK

— SMS T◎Ly, 🇺🇸 (@aeyakovenko) 16 June 2022

On the night of May 1, 2022, a malfunction occurred in the Solana blockchain – a large number of incoming transactions and heavy traffic brought the network to a standstill. The team then reported that the incident was caused by the activity of bots competing to print the NFTs that were broadcast using the Candy Machine tool.

In a follow-up report, the project developers stated that they have implemented a payment prioritization mechanism in the new version of the software. In their view, the measure will increase the fault tolerance of the network.

“A new instruction is being introduced that gives users the ability to set an optional surcharge that will be charged when a transaction is executed and included in a block,” the publication says.

The developers emphasized that the proposed mechanism is different from the one in effect in Ethereum, and that according to them, the priority payment will only affect the “specific state” and not the entire block.

Yakovenko, in general, repeated this thesis. As an analogy, he gave a “key” that everyone wanted to activate at the same time. The verifier that offers the highest gas fee will have the opportunity to move their transactions to the front of the queue.

What matters is at least 2 people willing to turn that key and the highest price they’re willing to pay for it. A particular NFT auction or a particular serum market or orca AMM pool is a key. The trader who flips first will flip first.

— SMS T◎Ly, 🇺🇸 (@aeyakovenko) 16 June 2022

Unlike Ethereum, the payment prioritization feature in Solana will work in the decentralized application, not the entire network. As a result, a certain usage commission dap may grow, but remain the same at blockchain scale.

“All transactions are for trading on a single market. orca fit in 400ms, no one will need to increase the commission fee to be included in the block. All other markets and applications should not be affected,” the founder of the project wrote.

Metaplex Studios Strategic Advisor Pedro Miranda explained the concept that Yakovenko described:

Local Wage Markets > Global Wage Markets

information: @yaameh https://t.co/Xf3ata6Ezm pic.twitter.com/wwyx3scTLi

— PEDR◎ 🇧🇷 (@voteforpedrito) 16 June 2022

In June 2022, Solana did not generate new blocks for more than four hours due to a glitch in the processing of “long-term untargeted transactions”, which violated the consensus.

Recall that in May, developers reported that the internal clock of the blockchain is out of sync with real time.

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