What is the proof of stake mechanism used by Solana?

3 answers

• M-x C-gJul 13, 2022 · 3 years ago
  Sure! Solana uses a proof of stake (PoS) mechanism called Tower BFT (Byzantine Fault Tolerance). This consensus algorithm allows validators to reach agreement on the state of the blockchain. Validators are chosen based on the amount of SOL tokens they hold and are willing to lock up as collateral. They take turns proposing and voting on blocks, and if a supermajority agrees on a block, it is added to the blockchain. This PoS mechanism ensures security and scalability for the Solana network.
  495

  248
• lilyyerutherforddMar 22, 2023 · 2 years ago
  The proof of stake mechanism used by Solana is called Tower BFT. It is a consensus algorithm that relies on validators who hold and lock up SOL tokens. These validators take turns proposing and voting on blocks, and if a supermajority agrees, the block is added to the blockchain. This mechanism ensures that the network is secure and can handle a high volume of transactions.
  376

  126
• Tanpreet Kaur Year 10Dec 11, 2020 · 5 years ago
  Solana's proof of stake mechanism is Tower BFT. Validators in the Solana network are chosen based on the amount of SOL tokens they hold. They propose and vote on blocks, and if a supermajority agrees, the block is added to the blockchain. This mechanism allows for fast and secure transactions on the Solana network.
  316

  79