A Solana transaction’s journey from user submission to block inclusion can be arduous. Even once the transaction reaches the current leader, it must compete with other transactions for limited blockspace. Including transactions in a purely first-come-first-served fashion encourages spam and may block high-value transactions from ordinary users. To solve this problem we need a fee mechanism.
Ligerito: A Small and Concretely Fast Polynomial Commitment Scheme
In this note we present Ligerito, a small and practically fast polynomial commitment and inner product scheme. For the case…