What exactly does “Proof of History” record?
First, the definition: Proof of History (PoH) is a continuously iterated sequence of SHA-256 hashes, where each step depends on the previous one. It can prove how much time has passed between two events.
Here’s how it works: Solana transactions must declare in advance which accounts they will read from and write to. Transactions that don’t conflict can run in parallel, which is one reason Solana has high throughput.
$SOL is Solana’s native coin, used to pay transaction fees and for staking.
Markets are always full of surprises. What if your judgment turns out to be wrong?
First, the definition: Proof of History (PoH) is a continuously iterated sequence of SHA-256 hashes, where each step depends on the previous one. It can prove how much time has passed between two events.
Here’s how it works: Solana transactions must declare in advance which accounts they will read from and write to. Transactions that don’t conflict can run in parallel, which is one reason Solana has high throughput.
$SOL is Solana’s native coin, used to pay transaction fees and for staking.
Markets are always full of surprises. What if your judgment turns out to be wrong?