How did the idea of “ordering transactions with time” become an entire blockchain?
Definition: In 2017, Anatoly began developing “Proof of History,” using a verifiable sequence of events to order transactions.
How it works: Proof of History itself is not a consensus mechanism. Solana still relies on validator votes weighted by stake to confirm blocks.
Transfers and program execution on Solana require $SOL to pay transaction fees. Current price: 106.54.
It’s best to only put in funds you can afford to lose.
#SOL
Definition: In 2017, Anatoly began developing “Proof of History,” using a verifiable sequence of events to order transactions.
How it works: Proof of History itself is not a consensus mechanism. Solana still relies on validator votes weighted by stake to confirm blocks.
Transfers and program execution on Solana require $SOL to pay transaction fees. Current price: 106.54.
It’s best to only put in funds you can afford to lose.
#SOL