Solana
Solana Information Bill Like? Do Rank It! Likes

Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.

Core to Solana’s scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency.

Solana Tech Specification
  • Consensus Proof of Stake (PoS)
  • Hash Algorithm None
  • Org_ Structure Centralized
  • Development Status Working product
  • Hardware Wallet Yes
Solana Most Popular Content
TUSD Loses Dollar Peg: Potential Domino Effect Might Be in Play for These Cryptos
13 weeks ago

Explore this week's dynamic cryptocurrency market trends, including Bitcoin's ETF surge, Ethereum's significant growth, Solana's technological innovations, and Ripple's legal confrontations with the SEC. Discover how these factors, along with XRP's steady market performance, are shaping the evolving landscape of digital assets.

CurioDAO, JPool, and Albus Protocol are Coming to Neon EVM to Bridge the Gap Between Ethereum and Solana Blockchains
13 weeks ago

In the volatile world of cryptocurrency, where fortunes can change in an instant, a noteworthy shift has unfolded recently.

Best Altcoins to Buy Now, As Bitcoin ETF Approval Ignites the Altseason
13 weeks ago

ChatGPT, the popular AI-powered chatbot, has commented on the crypto market's recent price spike.

Solana Team