🔢 Blockchain Industry | Solana Public Blockchain
· Definition: Solana currently uses Proof of Stake to select validators who produce blocks, while also using Proof of History (PoH) to order transactions in time.
· How it works: Solana transactions must specify in advance which accounts they will read from and write to. Transactions that do not conflict can be executed in parallel, which is one of the key reasons for Solana’s high throughput.
· Practical tip: Keep a small amount of SOL in your wallet to pay transaction fees; otherwise, you won’t be able to move the other tokens in it.
$SOL 86.79（-2.84%）
For record-keeping and sharing only; not investment advice.
· Definition: Solana currently uses Proof of Stake to select validators who produce blocks, while also using Proof of History (PoH) to order transactions in time.
· How it works: Solana transactions must specify in advance which accounts they will read from and write to. Transactions that do not conflict can be executed in parallel, which is one of the key reasons for Solana’s high throughput.
· Practical tip: Keep a small amount of SOL in your wallet to pay transaction fees; otherwise, you won’t be able to move the other tokens in it.
$SOL 86.79（-2.84%）
For record-keeping and sharing only; not investment advice.