How is the Solana Network Secured?
- Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms.
- Proof-of-history is the main component of the Solana protocol. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain.
- The proof-of-stake (PoS) consensus is used as a monitoring tool for the PoH processes, and it validates each sequence of blocks produced by it.
- The combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry.
28
204 reads
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
Understanding the basics of blockchain technology
The benefits and challenges of using blockchain
The future of blockchain technology
Related collections
Similar ideas to How is the Solana Network Secured?
- The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a pr...
What makes Solana unique?
One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko.
Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana can proces...
How Is the Chainlink Network Secured?
- As an Ethereum-based ERC-20 token, Chainlink is secured by the proof-of-stake (PoS) consensus mechanism. PoS models are becoming increasingly popular as they need less electrical power and are easily scalable.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates