Cryptocurrency Q&A
Is Solana proof of stake?
Is Solana proof of stake?
mia_anderson_painter
Fri Dec 06 2024
|
6 answers
1852
I heard about Solana and I'm curious if it uses the proof of stake consensus mechanism like some other cryptocurrencies. I want to understand the technical background of Solana and how it secures its network.
6 answers
DigitalLegendGuard
Sun Dec 08 2024
PoH is a mechanism that allows the blockchain to timestamp transactions efficiently.
Was this helpful?
359
39
Martino
Sun Dec 08 2024
By using PoH, Solana can achieve high throughput and low latency.
Was this helpful?
217
31
lucas_emma_entrepreneur
Sun Dec 08 2024
Solana's blockchain leverages a unique dual consensus model.
Was this helpful?
371
38
BusanBeautyBloomingStarShine
Sun Dec 08 2024
PoS, on the other hand, is a consensus algorithm that relies on validators to stake their tokens.
Was this helpful?
317
46
CryptoMystic
Sun Dec 08 2024
This model incorporates both proof-of-history (PoH) and proof-of-stake (PoS).
Was this helpful?
388
30
Load 5 more related questions
