- Jump Crypto creates a new open source validator client for Solana using the C++ programming language
- Independent validator clients help ensure project integrity by constantly calculating linkage between blocks
Crypto investment firm Jump Crypto has joined forces with the Solana Foundation, the non-profit organization that helps maintain the integrity of the Solana blockchain, to create a new open source validator client.
The software, which will be built using the C++ programming language, will be the second independent validator client for Solana. The first was built by Solana Labs, the technology company that builds and maintains the Solana blockchain.
Independent validator clients help ensure project integrity by constantly calculating the linkage between blocks. Anyone who owns a small portion of Solana’s native token and the appropriate hardware can become a validator on Solana’s network, according to the blockchain’s requirements.
The news, announced on Tuesday, marks the beginning of a new era for the layer-1 blockchain, Jump Crypto President Kanav Kariya said.
“While this is a hugely ambitious project, Jump has always been focused on building the crash barriers and infrastructure of blockchain technology,” Kariya wrote in a statement. “There is nothing more important right now than solving the world’s most complex network problems, and we are delighted that Solana Foundation has entrusted us with revolutionizing this technology to make the fastest blockchain even faster and more reliable.” .”
The move is an important step in promoting decentralization within the network, added Dan Albert, executive director of the Solana Foundation. Jump will also partner with the blockchain to propose major upgrades to Solana’s open source core software.
Kevin Bowers, chief science officer at Jump Trading, will oversee the team building the validator.
“Given the relatively slow speeds and unreliability of blockchain networks, there is an incredible opportunity to transform the functionality and effectiveness of these networks,” Bowers said. “We are excited to apply our proven technologies to encourage widespread adoption, create endless possibilities and drive real change in the world.”
The announcement isn’t the first time Jump and Solana have teamed up. The blockchain developer was an early investor in Solana before choosing to save the ecosystem in the wake of the $350 million Wormhole hack in February.
The move to replenish the lost money was hailed by many in the industry as the only thing that could prevent damage to the blockchain in the long run.
Get the best crypto news and insights of the day delivered to your inbox every night. Subscribe to Blockworks’ free newsletter now.