Question

What is the algorithm of Solana?

Answer 1

Solana uses a proof-of-history (PoH) algorithm combined with a proof-of-stake (PoS) consensus mechanism. The PoH algorithm helps provide a historical record of transactions that enables high-speed processing and scalability. The PoS consensus mechanism helps secure the network by allowing token holders to validate transactions and create new blocks.

Answer 2

Solana uses a unique proof-of-history algorithm in combination with a proof-of-stake consensus mechanism called Proof of History (PoH). This algorithm allows Solana to achieve high performance and scalability by providing a way to encode time within the blockchain.