PANews reported on January 23 that Solana developer Cantelopepeel announced his resignation and founded Unto Labs, planning to develop a new Layer1 blockchain. As a core engineer of the new Firedancer client, he led the team to demonstrate 1 million transactions per second and 1 billion computing units per second at Breakpoint 2024. Unto Labs will adopt a new architecture, redesigning everything from virtual machines to consensus mechanisms, but will not create an SVM chain.