Which blockchain does Solana operate on?
Ken jhi CarilloJan 13, 2022 · 3 years ago3 answers
Can you please tell me which blockchain Solana operates on? I'm curious to know the underlying technology behind Solana.
3 answers
- Jan 13, 2022 · 3 years agoSolana operates on its own blockchain, which is known as the Solana blockchain. It is a high-performance blockchain that is designed to handle thousands of transactions per second. The Solana blockchain uses a unique consensus mechanism called Proof of History (PoH) to achieve fast and secure transaction processing. With its high scalability and low transaction fees, Solana has gained popularity among developers and users in the cryptocurrency space.
- Jan 13, 2022 · 3 years agoSolana operates on the Solana blockchain, which is a decentralized, open-source blockchain platform. It is built to provide fast and secure transactions, with a focus on scalability and low fees. The Solana blockchain uses a combination of Proof of Stake (PoS) and Proof of History (PoH) consensus mechanisms to achieve its goals. This allows Solana to process a large number of transactions per second, making it suitable for various decentralized applications and projects in the cryptocurrency ecosystem.
- Jan 13, 2022 · 3 years agoSolana operates on its own blockchain, the Solana blockchain. The Solana blockchain is a high-performance blockchain that aims to provide fast and secure transactions. It uses a unique combination of Proof of Stake (PoS) and Proof of History (PoH) consensus mechanisms to achieve consensus and validate transactions. The Solana blockchain has gained attention for its scalability and low transaction fees, making it an attractive option for developers and users in the cryptocurrency industry.
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