CoinScoopSolana to Enable Transaction v1, Increasing Capacity Over Threefold
Solana plans to increase its maximum transaction size from 1,232 bytes to 4,096 bytes this Wednesday. This upgrade, enabled by the Transaction v1 feature, allows developers to execute more complex operations, such as large cryptographic proofs and multi-signature payments, within a single transaction. While existing transaction formats remain supported, services that read Solana block and transaction data must update to recognize the new format to avoid processing errors. The change, defined by SIMD-0296 and SIMD-0385, does not introduce new per-byte fee me
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