Solana Co-Founder and Others Unveil Internet Capital Markets Roadmap
The updated roadmap outlines a vision for decentralized financial applications, emphasizing Application-Controlled Execution (ACE) for enhanced transaction control and efficiency.
Solana's new roadmap introduces the concept of 'Internet Capital Markets,' focusing on Application-Controlled Execution (ACE) to improve transaction sequencing in on-chain financial applications. Co-authored by leaders from the Solana Foundation and various partners, the roadmap addresses market microstructure challenges and outlines initiatives across short, medium, and long-term timelines, including the launch of Jito Labs’ Block Assembly Marketplace (BAM) and enhancements to network latency and bandwidth. These upgrades aim to create a decentralized financial system that outperforms centralized alternatives.
- Application-Controlled Execution (ACE): A proposed framework aimed at optimizing trading applications by allowing them to control execution processes on-chain.
- Block Assembly Marketplace (BAM): A transaction processing system designed to enhance performance for Solana validators, traders, and applications, enabling privacy and transparency in on-chain trading.
- Multiple Concurrent Leaders (MCL): An upgrade allowing multiple validators to propose transactions simultaneously, addressing the limitations of the 'Single Leader Problem' in blockchain networks.