Transaction Optimization and Fee Markets on Solana

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This chapter discusses the concept of fee markets and transaction optimization on Solana. The speakers compare Solana's local fee markets with Ethereum and explain how transactions can change the state of specific contracts without affecting others. They also discuss the GEDO client, which allows for separate auctions for different types of transactions, and how it optimizes the block to accommodate multiple high-value transactions simultaneously without conflicts.

This is an exploration of Jito, the Solana validator client, the staked Solana token JITOSOL, and MEV optimization engine.

The recent Jito airdrop show the whole industry as millions of dollars in value flooded into the Solana ecosystem.

Joining us today is Lucas Bruder from the Jito team to walk us through the basics and nuances of this multifaceted project.

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------ TIMESTAMPS

0:00 Intro 6:00 Jito Airdrop 8:45 What is Jito 12:00 Staking and Decentralization 17:20 MEV Optimization 25:20 Fees and Failed Transactions 33:20 JITOSOL 37:00 Solana Economics 42:00 Staking vs JITOSOL 45:40 Ethereum vs Solana 53:30 Jito Governance 59:15 Stakenet 1:05:40 Solana Governance 1:09:40 Choosing Solana 1:13:30 A Successful Network

------ RESOURCES

Lucas Bruder https://x.com/buffalu__?s=20

Jito Labs https://www.jito.wtf/

Explorer https://explorer.jito.wtf/

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