Rakurai has raised $3 million in seed funding to develop its Solana staking platform. The company aims to optimize transaction scheduling to increase transaction throughput and validator rewards. Solana’s network, known for its high-speed transactions, has faced challenges related to transaction conflicts and scheduling inefficiencies. Rakurai intends to address these issues by implementing solutions that enhance Solana’s performance. The investment will also support the company’s long-term product development and strategic partnerships.
Rakurai has been working on Solana staking solutions for some time, with previous reports highlighting its efforts in improving transaction efficiency. Earlier discussions around Solana’s scalability focused on network congestion and validator rewards, with various projects attempting to enhance block scheduling. Rakurai’s latest announcement builds on these prior developments, now backed by financial support to advance its technology further.
How Will Rakurai Improve Solana’s Staking Performance?
Rakurai’s platform focuses on optimizing how transactions are scheduled within Solana’s network. By refining this process, the company aims to reduce conflicts and increase block rewards for validators. Rakurai’s nodes have reportedly achieved five times the transactions per second compared to the standard Solana client. These improvements could address existing network inefficiencies and benefit both users and node operators.
Who Are the Investors Supporting Rakurai?
Anagram Ventures led the funding round, with participation from Colosseum, Slow Ventures, Robot Ventures, Crypto.com, P2P.org, GlobalStake, and Cyber Fund. These investors see potential in Rakurai’s ability to address Solana’s transaction bottlenecks. David Feiock, CIO of Anagram Ventures, commented on the impact of Rakurai’s technology, stating:
“One of the greatest challenges that Solana faces today is the frequency of conflicting transactions and scheduler bottlenecks, which have resulted in inefficiencies in block packing. Rakurai’s solution aims to tackle this issue by optimizing the process, allowing for more efficient block creation and ultimately increasing validator rewards. We think Rakurai will be a critical piece of the IBRL puzzle.”
Rakurai CEO Ali Rizvi also highlighted the company’s progress, saying:
“Today’s funding news is one of many more milestones to come, as we build and deliver products that significantly increase TPS on Solana. Rakurai has been able to accelerate Solana nodes through our unique innovations in transaction scheduling, which boost block rewards and benefit users, stakers and node operators, enabling everyone to thrive on Solana.”
The funds raised will be used not only for the staking platform’s launch but also for expanding Rakurai’s partnerships and product development. This could strengthen Solana’s ecosystem by improving transaction efficiency and providing higher rewards for validators.
Rakurai’s approach reflects ongoing efforts to enhance blockchain scalability, a recurring challenge across various networks. While Solana has made advancements in transaction speed, network bottlenecks remain an issue. By addressing transaction scheduling inefficiencies, Rakurai may contribute to more stable and predictable network performance. However, the real impact will depend on user adoption and how well Rakurai’s solutions integrate with Solana’s existing infrastructure.
