Can you explain the consensus mechanism behind Solana's network and how it ensures security?

1 answers

• Nikki YuJun 27, 2023 · 3 years ago
  Solana's consensus mechanism is quite interesting! It utilizes a combination of Proof of History (PoH) and Proof of Stake (PoS) to ensure network security. PoH acts as a decentralized clock, providing accurate timestamps for transactions and events on the network. This allows Solana to achieve high throughput and low latency. PoS, on the other hand, involves validators who are selected based on the number of tokens they hold and are willing to 'stake' as collateral. These validators participate in the consensus process by validating and confirming transactions. By combining PoH and PoS, Solana's network is able to maintain security, decentralization, and resistance to attacks.
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