Solana validators have passed the "Timely Voting Points" proposal, which may speed up transaction confirmation time

Solana validators have voted to approve a proposal that aims to reduce latency in consensus “votes,” potentially speeding up on-chain transactions. The proposal, which calls for implementing “Timely Vote Credits” on Solana, passed with 98% approval on April 9. This will change the mechanism that incentivizes validators to “vote,” a key part of Solana’s consensus mechanism used to confirm transactions. According to Solana Labs, until now, validators have been awarded a fixed vote credit each time they submit a consensus vote on a block finalized by the network. Over time, validators have found that they can maximize their earnings without incurring any penalties by delaying their votes to ensure they vote on the correct fork. The proposal, proposed on March 14 by Solana validator Shinobi Systems’ “zantetsu,” would implement a variable number of vote credits, with more points awarded for votes with lower latency. This would discourage intentional “delays,” Solana Labs explains, as delaying a vote would reduce the number of points that can be earned for that vote. (Cointelegraph)