Solana validators approve 100% allocation of priority fees, ending 50/50 burn split

Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. It aims to address perceived flaws in the current system and align incentives for network security and efficiency. The change in […] source: https://cryptoslate.com/solana-validators-approve-100-allocation-of-priority-fees-ending-50-50-burn-split/