Solana Releases New Technology Roadmap, Aiming at "Capital Market"

Solana recently announced a new technology development roadmap, marking a significant shift in its strategic positioning. Compared to its previous focus on building a high-performance blockchain, Solana is now setting its sights on a more ambitious vision - to build an "Internet Capital Market."

This ambitious goal aims to create a borderless, around-the-clock financial ecosystem that enables the tokenization and seamless trading of various assets, including stocks, bonds, currencies, and physical assets. To achieve this grand blueprint, the Solana technology team has developed a series of specific measures and development plans.

The formulation of this roadmap brings together the wisdom of several key participants in the Solana ecosystem, including the core development team Solana Labs and key partners such as Anza and Jito. This roadmap actually reflects the shared vision of the Solana Technology Innovation Committee.

To put the concept of "Internet Capital Market" into practice, Solana proposed the technical concept of "Application Control Execution (ACE)". This concept emphasizes millisecond-level control over transaction ordering for financial applications, aiming to provide decentralized financial applications with performance close to that of traditional financial markets.

According to the roadmap, Solana's technological innovations will be advanced in three stages: short-term, mid-term, and long-term.

Short-term goal ( 1-3 months ) mainly focuses on optimizing the order book system, suppressing malicious MEV behavior, and reducing trading delays. These tasks will primarily be advanced by Jito and Anza.

Medium-term goals ( 3-9 months ) include reducing network latency through dedicated fiber optic networks and optimizing Solana's consensus algorithm to significantly shorten transaction final confirmation times. These tasks will be led by DoubleZero and Anza.

The long-term goal ( in 19-30 months ) is more challenging. The plan is to shift Solana's consensus mechanism from a single leader model to a multi-leader model to enhance the system's risk resistance and censorship resistance, while also giving applications greater autonomy in transaction ordering.

In terms of consensus mechanism, Solana is developing a new consensus protocol called Alpenglow. This protocol is expected to reduce the final confirmation time for transactions to 150 milliseconds, far surpassing the performance of current competitors. At the same time, by introducing relay nodes and improving the voting mechanism, the new consensus protocol will significantly enhance network efficiency and security.

Although achieving a multi-leader consensus model still faces many technical challenges, the Solana team firmly believes that this is a crucial step necessary to build a truly free and open "Capital Market" on the internet.

Overall, Solana's new technological roadmap showcases its ambitious development vision, from improving block ordering to innovating consensus mechanisms, and introducing a multi-leader model. Each step serves the ultimate goal of achieving an "Internet Capital Market." Although the journey is fraught with challenges, the Solana team is confident about the future and looks forward to one day recreating the prosperity of Wall Street on the blockchain.