Solana SIMD-0123 Proposal has successfully passed community vote, aiming to enhance on-chain execution

BlockBeats News, March 14th, data shows that the Solana SIMD-0123 proposal has been successfully approved through community voting. The proposal received a total of 42.3% in favor, 14.2% against, and 0.7% abstained votes, with a total voter turnout of 56.9%.

SIMD 0123 will introduce an on-chain mechanism to allocate Solana's priority fees to validator stakers. Traders can pay an additional fee to expedite transaction processing, with priority fees accounting for 40% of the network income, which currently validators do not have to share with stakers. This proposal, which was voted on March 6th, will increase staking rewards, disallow off-chain transaction protocols, and strengthen on-chain execution.