The world is so fast in getting updated and finding new inventions and investments. Most people will look for a way to earn money, but only some will find a way to invest the earned money correctly. Apart from Gold, land and other investment fields, today, business people are willing to invest their money in cryptocurrencies like Bitcoin, ethereum etc. One of the biggest and popular cryptocurrencies is Solana, and it has many unique features and innovations. In this post, you will look at 8 of the Solana.
Eight Innovations Of The Solana
- Proof of History
Generally, cryptocurrency networks follow some system for restricting and allowing entries on their database. Popular blockchain networks like Bitcoin and ethereum are using the usual system, which is proof of work (PoW). This system is considered a complex one, and it would slow down the transaction’s speed. And so, Solana uses the proof of history (PoH) system, and it is completely simple as, without a manual agreement, the new block will be added to the blockchain network.
- BFT algorithm
Solana is a popular cryptocurrency, and it is using the Solanax platform for making it more special. Solanax prediction markets act as a unique thing and keep Solana different from other cryptocurrencies. For avoiding the impact of the workings of the whole system due to the failure of certain nodes, the Tower Byzantine Fault Tolerance algorithm system is used in Solana.
- Gulfstream
The memepool needs are there in many cryptocurrencies, which means a waiting area to confirm the transactions until they reach their turn. But the Solana’s network put an end to this by having a unique system, which is Gulfstream. By using this system, the transactions will be forwarded to the validator without waiting for the new transaction to be added to the Solana ecosystem.
- Sealevel
By using the Solanax prediction markets,Solana is said to be a cost-efficient network in the blockchain. To make it more cost-efficient, the Solana has technology for running multiple smart contracts simultaneously, and that is known as Sealevel.
- Cloudbreak
To establish a connection between the software and hardware and organise the database to read and write the input of transactions in Solana, Cloudbreak is used. It increases the scalability of Solana.
- Pipeline
The Solana ecosystem is a large ecosystem, and it is popular for its quick transaction’s process. The Solana ecosystem must have multiple hardware and data involved in the network, and the block information validates quickly through this pipelining process.
- Turbine
The Turbine helps to divide various blockchain nodes into smaller packets for increasing the speed of transactions. It will validate the information quickly and also help to find the issues connected to bandwidth in Solana.
- Archivers
The data validations in the Solana are too many, so a data storage system would be used to manage it. The data will be transmitted from the validator to network nodes, and this is known as Archivers.
Bottom line
Solana is an equal competition for other cryptocurrencies like Bitcoin etc. This Solana has various uniqueness and advanced technology and platforms inside of it. Thus, the details explained earlier are the eight innovations of Solana, and it is best to invest your money in Solana.
