In a strategic shift, Anza, a company emerging from Solana Labs, is set to enhance the Solana network’s performance with its newly announced Agave validator client. This development is not only aimed at boosting the network’s uptime but also gears up for the introduction of other clients. Anza, with its dedicated team including Solana co-founder Stephen Akridge and other former Solana Labs executives, is leveraging the Solana Virtual Machine (SVM) for pioneering Web3 protocols. This move represents a significant step in decentralizing the Solana ecosystem, with Anza operating under the guidance of Jed Halfon as Chief Strategy Officer. The company’s operations are backed by grants from the Solana Foundation and a notable 13% stake held by Solana Labs.
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