Jito founder: In November, Jito generated 9.2 million SOL for validators and stakers. The new version v2 is planned to be released in early next year.

Odaily Planet Daily News encryption infrastructure company Jito founder buffalu wrote in a post on X: "The Jito Labs Block Engine team has been pushing forward with development, focusing on reliability and performance.

• Reduce trust in centralized databases;
• Better and faster network retry;
• Better load balancer performance; -Improved auction logic brings lower latency and more trades. These improvements are reflected in the user experience: more transactions can be completed faster. Jito tips pay normal priority fees at a ratio of about 1:1, but use very little Block space (the average CU of each Block in the past 12 hours is about 9.3M, totaling 48M). To achieve this, we have run simulations (gt; 500k/s) on a customized internal fork of Jito-Solana. Our system and validator client will remove failed bundles, saving block space and improving the experience for all users on the network. From day one, we have been concerned about stakeholders and have established a protocol for transparently distributing tips to stakeholders. This has resulted in increased rewards for validators of the entire Solana and stakes of LST (until SIMD-0123, when stakeholders started sharing priority fees). Now, about 20-30% of stake rewards come from Jito tips. Since its launch at the end of 2022 (early validators adopters), validators and stakers have earned an additional income of over 31 million SOL. This month, it has generated an income of 9.2 million SOL (208 million US dollars) for validators and stakers. There is still a lot of work to be done in the future:
• Improve auction efficiency and tip forecasting work; -Platform performance;
• Redundancy of infrastructure and expansion of global footprint;
• (Revised Edition) v2, scheduled to be released early next year.