Solana is considering discarding the Proof of History mechanism and adopting a simpler design called 'Alpenglow' to improve transaction finality speed by 100 times.
Alpenglow collapses three moving parts into two, eliminating the need for on-chain vote transactions and reducing participation costs for validators significantly.
The security budget of Alpenglow shifts to a '20 + 20' envelope model, maintaining safety and liveness even in the presence of potential adversaries.
The proposed changes aim to enhance transaction efficiency, reduce costs for smaller validators, and potentially implement multi-leader execution on the Solana network.