Discover and read the best of Twitter Threads about #Solanaspeed
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Solana is a fast, secure and censorship-resistant blockchain for deploying decentralized applications. Secured by proof of stake, its major innovation is its time stamping system, called proof of history.
#SolanaSpeed $Solana
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#SolanaSpeed $Solana
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This new architecture allows Solana to process a very large number of transactions per second.
The function used to create the proof of history register is also called high-frequency Verifiable Delay Function (VDF).
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The function used to create the proof of history register is also called high-frequency Verifiable Delay Function (VDF).
#SolanaSpeed $Solana
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Solana's proof of history uses this type of function to count the time and to put in order the events (like the messages) within the blocks of the chain.
This time stamping system saves precious time and processes a large amount of data in a short time.
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This time stamping system saves precious time and processes a large amount of data in a short time.
#SolanaSpeed $Solana
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What makes @solana transactions so fast and so cheap is a mechanism called “PROOF OF HISTORY” (PoH).
#Solanaspeed
SOLANA is designed to be able to process over 50k transactions per second (TPS); TPS is the number of transactions executed per second. it can be calculated based on
#Solanaspeed
SOLANA is designed to be able to process over 50k transactions per second (TPS); TPS is the number of transactions executed per second. it can be calculated based on
@solana how many transactions are executed over a certain duration of the test and then calculate it for a second.
E.g. if user X executes 6 transactions every minute, then the TPS would be 6 transactions/60 sec = 0.10 TPS. This is also means that if userX is able to complete 6
E.g. if user X executes 6 transactions every minute, then the TPS would be 6 transactions/60 sec = 0.10 TPS. This is also means that if userX is able to complete 6
transactions in 60 seconds that means time for each transaction is 10 sec.
i.e. 1 transaction –> 10 seconds
Solana is built with scalability and speed so that users do not have to spend more on gas fees or wait long hours for their transactions to be confirmed.
#solanaspeed
i.e. 1 transaction –> 10 seconds
Solana is built with scalability and speed so that users do not have to spend more on gas fees or wait long hours for their transactions to be confirmed.
#solanaspeed
