How Does Solana Work?

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asked Oct 19 in H&E by Mevx (1,460 points)

Solana was born out of the need to address the scalability challenges faced by early blockchain platforms like Bitcoin and Ethereum. While these networks brought revolutionary changes by introducing decentralized systems, they also encountered significant limitations, particularly in terms of speed, cost, and scalability. Solana’s creation was driven by the desire to solve these issues and make blockchain technology scalable and accessible to the masses. This article will delve into how Solana works, focusing on its core components: its consensus mechanisms, the groundbreaking Proof of History (PoH) system, and the pivotal role that validators play in maintaining the network.

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