Solana is one of the fastest blockchain networks, capable of handling up to 65,000 transactions per second (TPS). This speed is made possible by its unique Proof-of-History (PoH) mechanism combined with Proof-of-Stake (PoS). Letβs explore how these technologies power Solana and differentiate it from other blockchains like Ethereum and Bitcoin.
πΉ 1. Proof-of-History (PoH) β The Key Innovation
Unlike Bitcoin or Ethereum, which use Proof-of-Work (PoW) or Proof-of-Stake (PoS), Solana introduces Proof-of-History (PoH) to improve speed and efficiency.
β How PoH Works
β A built-in cryptographic clock β PoH timestamps transactions before they are validated, ensuring an orderly sequence.
β No need for global consensus on time β Unlike Ethereum, which requires validators to check timestamps, Solana nodes automatically know the order of transactions.
β Reduces latency β Transactions are processed instantly, without waiting for confirmation from the entire network.
π PoH vs. Traditional Blockchains
Feature | Bitcoin (PoW) | Ethereum (PoS) | Solana (PoH + PoS) |
---|---|---|---|
Transactions per Second (TPS) | ~7 | ~30 | ~65,000 |
Consensus Time | ~10 min | ~12 sec | ~0.4 sec |
Energy Usage | High | Low | Very Low |
Scalability | Low | Medium | High |
π With PoH, Solana achieves speeds up to 10,000x faster than Bitcoin and 2,000x faster than Ethereum!
πΉ 2. Proof-of-Stake (PoS) β Securing the Network
In addition to PoH, Solana uses Proof-of-Stake (PoS) for network security and validation.
β How PoS Works in Solana
β Validators stake SOL tokens β To become a validator, participants must stake (lock up) SOL tokens.
β The more SOL staked, the higher the chance of being chosen to validate transactions and earn rewards.
β Fast and energy-efficient β Unlike Bitcoinβs mining, which requires massive computing power, PoS is eco-friendly and scalable.
π PoS vs. PoH: Whatβs the Difference?
Feature | Proof-of-History (PoH) | Proof-of-Stake (PoS) |
---|---|---|
Function | Orders transactions | Validates transactions |
Speed Boost | Yes | No |
Used By | Only Solana | Ethereum, Cardano, Polkadot |
π‘ Think of PoH as a stopwatch tracking transaction order, while PoS ensures security and consensus.
πΉ 3. Why Solanaβs PoH + PoS is a Game Changer
π Speed β Solanaβs unique design enables sub-second transaction finality.
π° Low Fees β Costs less than $0.01 per transaction, compared to Ethereumβs high gas fees.
π Security β PoS ensures decentralization while PoH maintains order.
This combination makes Solana one of the most advanced blockchains, capable of supporting DeFi, NFTs, and Web3 applications.
π Want to Start Trading SOL?
πΉ Buy & Trade SOL on Binance β Sign Up Here
πΉ Trade Crypto with Exness β Start Now
π¬ Do you think Solanaβs PoH can revolutionize blockchain? Letβs discuss below! π