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What is the proof of stake mechanism used by Solana?

avatarKavya GuptaDec 28, 2021 · 3 years ago3 answers

Can you explain the proof of stake mechanism used by Solana in detail?

What is the proof of stake mechanism used by Solana?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! Solana uses a proof of stake (PoS) mechanism called Tower BFT (Byzantine Fault Tolerance). This consensus algorithm allows validators to reach agreement on the state of the blockchain. Validators are chosen based on the amount of SOL tokens they hold and are willing to lock up as collateral. They take turns proposing and voting on blocks, and if a supermajority agrees on a block, it is added to the blockchain. This PoS mechanism ensures security and scalability for the Solana network.
  • avatarDec 28, 2021 · 3 years ago
    The proof of stake mechanism used by Solana is called Tower BFT. It is a consensus algorithm that relies on validators who hold and lock up SOL tokens. These validators take turns proposing and voting on blocks, and if a supermajority agrees, the block is added to the blockchain. This mechanism ensures that the network is secure and can handle a high volume of transactions.
  • avatarDec 28, 2021 · 3 years ago
    Solana's proof of stake mechanism is Tower BFT. Validators in the Solana network are chosen based on the amount of SOL tokens they hold. They propose and vote on blocks, and if a supermajority agrees, the block is added to the blockchain. This mechanism allows for fast and secure transactions on the Solana network.