Anatoly Yakovenko, Co-Founder of Solana Labs, has announced the launch of a new blockchain protocol called BunkerCoin. This protocol is specifically designed for environments with limited bandwidth, such as those compatible with shortwave radio.

The newly released white paper, titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” provides a technical overview of the protocol. BunkerCoin utilizes a recursive Zero-Knowledge Proof hash function and a proof of elapsed time Verifiable Delay Function (VDF). The VDF allows miners to identify a ‘golden ticket’ crucial for block validation and transaction integrity.

BunkerCoin addresses the challenge of data transmission over shortwave radio by optimizing for a 300-byte Maximum Transmission Unit (MTU) and using erasure-coded frames for data transmission reliability and network robustness in low-bandwidth conditions. The protocol also employs a Nakamoto-style longest-chain rule to maintain network security.

For users interested in investing in this technology, it is important to be cautious of potential “BunkerCoin” scam coins on popular blockchains like Solana, Ethereum (ETH), Polygon (MATIC), and Base. It is advisable to wait for an official announcement from Yakovenko for verification and more information.

Yakovenko’s introduction of this new protocol may be an attempt to move away from the meme coin volatility on Solana that began in December 2023. The rise in popularity of meme coins has led to significant trader profits, driven by hype and rapid token proliferation on the Solana (SOL) and Base blockchains.

Arthur Hayes, Co-Founder of BitMEX, highlights the importance of not dismissing meme coins as worthless, emphasizing their role in attracting new users and developers to aid blockchain development.

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