What exactly does “Proof of History” record?
Definition: Solana currently uses proof of stake to select validators to produce blocks, combined with Proof of History (PoH) to establish the order of transactions.
Why this approach: The trade-off for high performance is that running validator nodes requires relatively powerful hardware and substantial bandwidth. This is Solana’s compromise in the blockchain trilemma.
$SOL is Solana’s native coin, used to pay transaction fees and participate in staking. Currently: 96.08.
Don’t invest borrowed money; financial pressure can lead to poor decisions.
#SOL
Definition: Solana currently uses proof of stake to select validators to produce blocks, combined with Proof of History (PoH) to establish the order of transactions.
Why this approach: The trade-off for high performance is that running validator nodes requires relatively powerful hardware and substantial bandwidth. This is Solana’s compromise in the blockchain trilemma.
$SOL is Solana’s native coin, used to pay transaction fees and participate in staking. Currently: 96.08.
Don’t invest borrowed money; financial pressure can lead to poor decisions.
#SOL
