Solana's 90% rent reduction is being described as “Solana gets cheaper.”
That's true.
But there's a more interesting consequence:
old accounts keep their old SOL deposit.
That creates a finite pool of reclaimable SOL that gets more economically significant as new accounts become 10× cheaper.
I dug into SIMD-0437 and ran the numbers ↓
@KennyLoaded@fabioberger123 I have the exact same issue, and I really don't think a paid vouch — "I found someone" — helps protect users. A lot of developers like us, doing simple instructions like closing ATA accounts, which most of the time requires multiple transactions, face the same gate. It gives me the impression that @phantom really doesn't support developers.
Anyway, I think trusting a domain isn't really better than trusting a set of instructions. If you trusted the instruction instead of the domain, there would be more security for users — even a newly vouched person couldn't change their mind.
It's really frustrating to work on something with passion and lose all of that to a vouch gate that blocks me, and the development of @solana.
More of your SOL stops being locked tonight.
Step 2 of Solana's rent cut, around 21:12 UTC: 6,333 → 5,080 lamports per byte. Since step 1 on Sep 4 the requirement is down 27%.
Nothing gets sent to you. The chain just stops requiring it — and it sits in your accounts until you close them.
https://t.co/5sMLnd5vMP
Transaction V1 activation on mainnet-beta is moving to the start of epoch 1035, expected Sept 15 at ~1:20 AM UTC.
Teams across the ecosystem told us they needed more time to test and integrate V1 support. We listened.
How to get ready:
- V1 is live on devnet, test your integration now.
- Compute budgets in V1 are set using a new transaction config. Compute budget instructions still work on legacy and V0 but no-op in V1.
- App developers: even if you don't plan to send V1 transactions, some changes may impact your app. Review the guide below.
Details: https://t.co/712Ipj8hLu
There's a date going around for Solana's new transaction format. September 9th.
That's a target, not a timestamp. Solana feature gates switch at fixed epoch boundaries ~38 hours apart — the next is around 17:10 UTC today, then Thursday morning.
So September 9th isn't a guaranteed activation time. And the feature isn't scheduled on-chain yet.
If you send transactions, nothing changes.
If you read them — bots, indexers, dashboards, anything counting fees — that's what breaks. And some of it breaks quietly.
Once it is scheduled, you may get only a day and a half of notice.
Track it live:
https://t.co/N7GRL3Q0Bg
Solana's rent cut went live this week. Step 1 of 5: 6,960 → 6,333 lamports per byte.
Nothing was refunded automatically. The chain lowered what your accounts must hold and left the difference sitting there.
On a live account that surplus is ~0.0002 SOL. Small.
On a dead one you get the whole deposit back — ~0.002 SOL. 10× more.
300 dead memecoin accounts: ~0.6 SOL.
Check yours — read-only, no wallet connect:
https://t.co/zieowiyYyn
@solshan_@solincinerator you might have some if you've old open accounts (even tokens you currently holding)
you can verify here https://t.co/f0dCQr6dru
If you're building on Solana, transaction v1 is a breaking change you should prepare for.
Solana is moving from 1,232 → 4,096 bytes per transaction.
The bigger change isn't the size.
It's the new transaction format — and what it means for code that reads, indexes, streams, or analyzes transactions.
🧵
A regulated fund token and a honeypot can have the exact same on-chain shape.
Token-2022.
Default-frozen accounts.
Active freeze authority.
Every scanner I tested sees “honeypot”.
One is a regulated French fund.
So how do you tell them apart? 🧵
One important warning:
Token ACL proves the freeze mechanism — not that the token is safe.
The issuer may still have powers like pause, permanent delegate, or burn.
For a regulated fund, that can be the product.
For an anonymous team, it is still a red flag.
I shipped this check in xroot’s free audit.
Audit: https://t.co/Cqg86JnqeC
Breakdown: https://t.co/hBgXk47Q7V
The check I use:
1. Is the mint default-frozen?
2. Who owns the freeze-authority account?
→ It should be the Token ACL program.
3. What gate does the metadata declare?
Structure without the claim can still be verifiably permissioned.
A claim without the structure? 🚩