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👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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Solana plans to expand block space to 100M CU by the end of the year.
According to Gate.io News bot, Wu Shuo reported that the Vice President of Core Engineering at Solana ecosystem development company Anza announced in a podcast that the Solana block space will expand to a block limit of 100M CU by the end of the year, doubling the current capacity.
Compute Units (CU) is a unit of measurement of transaction computing resources in the Solana network, similar to Ethereum's Gas mechanism, responsible for limiting transaction complexity and protecting network resources. Currently, Solana's block limit is 48M CU, and there are two related proposals: SIMD-0207 proposes to increase the block limit to 50M CU and SIMD-0256 proposes to increase it to 60M CU.
The increase in the block CU limit will expand the block size and impose higher performance requirements on validating nodes.
Source: Wu Says
Compute Units (CU), which measure the computational resources for transactions on the Solana network, are similar to Ethereum's Gas mechanism and are responsible for limiting transaction complexity and protecting network resources. Currently, Solana's block limit is 48M CU, with two related proposals: SIMD-0207 proposes to raise the block limit to 50M CU, and SIMD-0256 suggests raising it to 60M CU.
The increase in block CU limits will expand block sizes and place higher demands on the performance of validating nodes.
Source: Wu Shuo