With the ability to process thousands of transactions per second, Solana is at the forefront of solving the ‘blockchain trilemma’ of achieving speed, security, and decentralization. “Our goal is to democratize financial systems of the world,” states Yakovenko, emphasizing the platform’s mission to make decentralized finance accessible and efficient.
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Solana platform and its role in advancing blockchain technology
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Similar ideas to Speed and Scalability
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...
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