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Crypto Prune > News > Crypto > Blockchain > Jito launches BAM to rebuild Solana’s block space economy
Blockchain

Jito launches BAM to rebuild Solana’s block space economy

8 months ago 2 Min Read

The Jito Foundation has launched Block Assembly Marketplace (BAM), a new system aimed at improving the way blocks are built and improving the way transactions are sequenced on the Solana blockchain.

According to a press release shared with Coindesk, BAM is designed to “transaction sequences are transparent and verifiable” and allow programmable innovation in the block space layer.

The launch is based on Jito’s already established infrastructure, including the widely adopted Volator Client and the JITO Block Engine.

An important part of this system is the use of a reliable execution environment (TEE). TEES acts like a secure black box, simulating and ranking transaction bundles sent by searchers without revealing sensitivity data. This allows validators to validate their results, aimed at balancing transparency and confidentiality while still remaining protected.

BAM introduces a modular architecture consisting of three key components: A BAM node is a specialized scheduler that uses secure hardware to personalize transactions. BAM Balidators are variators running the updated Jito-Solana software clients and receive transactions ordered from these nodes and run them in a chain. Finally, the plugin provides developers, traders and applications with a programmable interface to interact with the scheduler, enabling customized transaction logic. These plugins also open new revenue models that allow developers to monetize custom logic and share the value generated by validators, node operators, and stakers.

According to the team, BAM will be launching on MainNet in the coming weeks using the first validator set led by leading Solana Ecosystem Players such as Figment, Helius, Sol Strategies and Triton One.

See also  New steps to invisible blockchain

“BAM opens up a whole new design space for developers to build applications that are not possible before,” said Lucas Bruder, CEO of Jito Labs, in a press release. “It gives builders more control, creates new ways to create and share value, and lays the foundation for a more dynamic and configurable block space economy in Solana.”

Read more: JITO releases Solana’s open source regeneration service

TAGGED:BlockchainBlockchain News
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