Solana is a high-performance blockchain designed to solve the scalability challenges that have limited earlier platforms. Launched in 2020, Solana combines several innovative technologies including a unique proof-of-history (PoH) consensus mechanism that works alongside proof-of-stake (PoS) to achieve impressive throughput. This architecture enables Solana to process over 65,000 transactions per second with sub-second finality times.
Blockchain networks have revolutionized decentralization and trustless transactions, but they face limitations in scalability, transaction speed, and costs. Layer 2 solutions address these challenges by enhancing efficiency while maintaining the security of their underlying Layer 1 chains.
The metaverse is evolving into a digital reality where people interact, create, and engage in ways once considered impossible.
Polygon is a multi-chain system designed to address Ethereum's limitations. Originally launched as Matic Network in 2017, Polygon has evolved into a Layer 2 scaling solution that maintains Ethereum's security while improving its performance.
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