Solana (soil) is one of the most promising cryptocurrency in the world, appreciated for the impressive speed and low transactions. Open-Source project , officially launched in 2020, uses blockchain technology to support decentralized financing solutions (Defi) and the construction of scalable crypto applications. In this article, we will explore what is solar, its characteristics and impact in the cryptocurrency ecosystem.
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What is solar and how proof of history works (POH)
Solana is a blockchain platform created in order to improve scalability and provide an effective alternative for fast and safe transactions. Unlike other projects, Solana introduces an innovative concept called Proof of History (POH) , which works in combination with the mechanism of consensus proof of stake (POS) . These technologies allow Solana to process an impressive number of 65,000 transactions per second at an average cost of only 0.000005 soil per transaction.
What is Solana - Ecosystem Solana
The Solana ecosystem has undergone unprecedented development in recent years, becoming one of the most active and innovative in the industry.
Among the most popular aspects of the Ecosystem Solana are:
- Decentralized Finance (Defi): Financial applications built on Solana allow users to borrow, borrow or trade without intermediary.
- NFTs: More and more digital artists and collectors are calling for Solana due to low taxes and transaction speed.
- Blockchain -based gaming: Games like Star Atlas use Solana to create scalable and captivating experiences.
If you have wondered what Solana is and why both active investors and dedicated developers attract, you should know that it is considered one of the most promising blockchain platforms.
What is proof of history (POH)
One of the most remarkable aspects of Solana is the use of Proof of History (POH) , an innovative technology that revolutionizes the validation of transactions. In most blockchain, the order of transactions is established by consensus, which requires communication between the network nodes. This process consumes time and limits the speed of transactions. Proof of History (POH) is a key innovation that differentiates solar from other blockchain.
What is proof of history?
Proof of History is a unique validation method that uses a cryptographic clock to put each transaction in a clear chronological order. This eliminates the need for traditional consensus that can slow down the processing speed.
What does Proof of History do:
- POH creates a verifiable registration of time passage. This is done by using a verifiable delay function (VDF).
- Essentially, Poh creates a "cryptographic clock" that records the order and time of transactions.
- This cryptographic clock is made by a continuous succession of hashs. The result of a hash is used as an input for the next hash. This process is sequential and requires a single nucleus to be achieved.
- Solana validators can use this time recording to establish the order of transactions without having to constantly communicate with each other.
Why is it important?
By using Proof of History, Solana can process several transactions simultaneously without compromising security or efficiency. Under optimal conditions, the network can manage over 65,000 transactions per second, an impressive figure for the world of blockchain.
This scalability makes Solana the ideal solution for decentralized applications (DAPPS) and for projects that require a large volume of transactions.
How does Proof of History work (POH) in combination with Proof of Stake (POS):
- Solana use POH in combination with POS.
- POS is used to select validators who will produce blocks.
- POH is used to ensure the order of transactions in each block.
In conclusion, Proof of History is an innovation that allows Solana to reach remarkable speeds and scalability, thus becoming an attractive platform for a variety of decentralized applications.
Solana: technological innovations
After exploring the way Proof of History revolutionizes the chronology of transactions, we will deepen in the other Solana innovations that contribute to the remarkable performance of this blockchain.
What is Tower BFT?
Tower BFT (Byzantine Fault Tolerance) is the personalized implementation of the solar network for practical tolerance to Byzantine deficiencies (PBFT). This allows the network to synchronize quickly and efficiently, reducing latency and improving security. Basically, Tower BFT uses timed watches for validation, saving time and energy in confirming transactions.
Key benefits of Tower BFT:
- Quick confirmations of transactions.
- Effective consensus without huge energy consumption.
Pipelines - effective processing of transactions
Solana Pipeline works as a web scale processing unit. Basically, it separates the complex tasks in small stages that are processed simultaneously and continuously in different parts of the network. This optimized method allows Solana to manage a huge volume of data, retaining a minimum latency and high efficiency.
Why is it important?
- Pipeline allows up to 65,000 transactions per second (a figure that remains impressive in the blockchain context).
- Reduces the congestion on the network, keeping the transaction taxes.
Turbines - efficient propagation of data blocks
turbine protocol solves one of the biggest challenges in blockchain: efficient propagation of data blocks. Turbine is inspired by the Peer-To-Peer network protocols and fragments the information in smaller packages to be transmitted quickly and easily on the network.
By this mechanism:
- Increases the speed of distribution of blocks.
- Bandwidth consumption is reduced.
Cloudbreak - horizontal scaling
Another unique element of Solana is CloudBreak , a database specially designed to simultaneously manage millions of accounts. Unlike other blockchain systems in which databases are unidimensional, CloudBreak is able to scroll horizontally, supporting massive transactions without compromising performance.
How does CloudBreak work?
CloudBreak is based on three innovative components:
- Mapped storage (Memory-Mapped Storage): This system allows quick access to data directly from the disc, without overloading RAM. Basically, it helps the network manage large volumes of transactions without significant delays.
- Sequential operations: Cloudbreak prioritizes sequential operations to minimize conflict between reading and writing data. This process optimizes the processing flow.
- Digital waste collection: The automatic system cleanses the redundant or outdated data to maximize the available space and reduce storage costs.
Major advantages of cloudbreak:
- Simultaneous management of data without increasing processing time.
- Optimizes the hardware resources involved.
To better understand CloudBreak, the new solar solution for horizontal scaling, click here .
Gulf Stream - the transaction protocol without Mempool
Gulf Stream eliminates what other blockchains call "Mempool" (the area where transactions are waiting to be validated). Instead of storing transactions, Gulf Stream directs them in advance to the validators responsible for the next block.
What does this mean?
- Reduced transaction confirmation time.
- Faster reaction to market changes.
- Optimizes the flow in the network to reduce the pressure on the validators.
Archivers - the data storage solution on blockchain
One of the great challenges that blockchain faces is the effective storage of a large volume of historical data. Solana introduces Archivers , a decentralized solution in which the network nodes store fragmented parts of blockchain.
How it works:
- Validators outsource storage to Archivers.
- Archivers does not require expensive knots and can run on ordinary hardware.
Thus, the cost for users of the network is reduced, while remaining scalable and decentralized.
Sealevel Runtime for parallel processing of smart contracts
Intelligent contracts are the "heart" of many blockchain projects, and Solana has created an execution system called Sealevel , which allows the running of several intelligent contracts simultaneously.
What is Sealevel Runtime?
It is an innovative mechanism that allows the parallel processing of several contracts. Instead of excluding the contracts one by one, Sealet processes several contracts at the same time, eliminating the blockages.
How does this help?
Improved performance allows developers to create more complex applications, such as blockchain -based games, dynamic NFT markets and decentralized financial platforms (Defi). This unique technology makes the solarian perfect for companies and projects that require high scalability and performance.
The seven innovations listed above-Tower BFT, Pipeline, Turbines, CloudBreak, Gulf Stream, Archivers and Sealevel-are the foundation stones that make solar the most powerful and efficient blockchain available.
Key features of Solana Blockchain
If you are a crypto investor looking for a scalable, fast and low -cost platform, solarian could be exactly what you need. Next, we will show what are the key features of the Sola Blockchain:
Block time less than one second
What does Block Time mean
According to Chainspect , the block time is the time interval between creating successive blocks in a blockchain. It is, in essence, the frequency with which new blocks are added to the blockchain. This metric is measured in seconds or minutes. The block time determines the transaction confirmation speed and, therefore, influences the transaction rate per second (TPS). A shorter block time means faster confirmation of transactions. For example, Bitcoin has a block time of about 10 minutes, while the Ethereum block time is about 13 seconds, which leads to faster confirmations on Ethereum transactions.
In the world of financial transactions, every second matters. Solana impresses with a block time below one second, which offers almost immediate transactions.
Benefits of fast transactions
- More effective payments, which means better experiences for users.
- Improve the performance of DAPPS applications, especially for games or NFT markets, where speed is essential.
For example, Ethereum has longer locking times (about 10-15 seconds), which can lead to higher delays and costs. Solana eliminate these obstacles.
Reduced transaction costs
Another aspect that attracts investors on Solana is that trading fees are extremely low. On average, a transaction on Solana costs you less than 0.000005 soil. Yes, you read well!
Low costs facilitate frequent and accessible transactions. Almost anyone can participate in the network without supporting the burden of exorbitant taxes. For Crypto investors this matters because the economies made at each transaction are gathered and contribute to maximizing the profit.
History and solar development
When we wonder what Sola is, we must also know its relatively short but full history. Solana has its roots in the vision of a former Qualcomm engineer, Anatoly Yakovenko . In 2017, Yakouvenko identified one of the biggest challenges of existing blockchain- scalability problems . He set out to create a network that offers fast transactions, without compromising security or decentralization.
The key to this project was the development of an innovative mechanism called Proof of History (POH) . This algorithm allows temporary marking of the blocks, making the consensus process much more efficient. Despite the complex technical problems involved in creating a new blockchain, Yakovenko has been supported by a talented team, including names such as:
- Greg Fitzgerald - co -founder and main engineer;
- Stephen Akridge - which contributed to the optimization of the validation process;
- Raj Gokal - who dealt with business and growth aspects.
This team officially started developing Solana in 2017, laying the foundation for a network that would dominate the blockchain industry.
In March 2020, the Solana network and its native token, soil , were officially launched.
From the beginning, Solana impressed the crypto world due to its remarkable performances:
- It could process over 65,000 transactions per second (TPS) , far exceeding other famous blockchains such as Ethereum or Bitcoin.
- The transaction fees were much lower, a major advantage for users.
In just a few months, Solana experienced a rapid growth, attracting an increasing number of developers and projects in her ecosystem.
In 2021, Solana became one of the most popular blockchain used for dei projects (decentralized finance) and NFTs (nonfungible tokens) . Its ecosystem now includes thousands of decentralized applications (DAPPS), NFT projects and markets.
To better understand what the Solana is and what are the goals of this project, we recommend that you read the Solana WhitePaper.
The status of the market and the solar value
There is no maximum offer of soil tokens, ie a predetermined limit of the total number of soil coins that will ever exist. Instead of a maximum offer, Solana uses an inflation model, which means that new soil coins are continuously created at a certain annual rate. According to the inflation program proposed by Solana, the initial inflation rate was set at 8% and is distributed by staking rewards.
Currently, the soil value is around 124.80usd . In circulation we have a number of 509,411,887 coins.
Here are the minimums and historical maximums of soil price (solar)
Maximum historical: about $ 296 (January 2025). The launch of Donald Trump's memecoin on Solana generated a wave of interest and transactions, propeling the price to a new historical maximum in January 2025.
Historical minimum: about $ 0.50 (May 2020).
Market Cap and Solan Volatility
For crypto investors, the market of a coin offers prospects on its size, stability and performance. Solana is in the 6th position in the overall ranking of cryptocurrencies, with a current market of about $ 63 billion .
Key figures:
- Market Cap Fully Diluted (FDV): $ 73.8 billion. This is the value that solar can reach if all the supply becomes available.
- Trading volumes 24h ( source: Coingeko ) : Users around the world trades Solana with a volume of about $ 3 billion a day , which shows an increased interest in this cryptocurrency.
These figures point out that Solana remains a significant investment on the crypto market, but like all cryptocurrencies, the price is volatile and can react to global news and events.
- What follows for Solana?
With a unique architecture, an impressive processing capacity and an expanding ecosystem, the solar is a market leader in the cryptocurrency world.
Important aspects to remember:
- The solar is fast, safe and scalable , being ideal for Crypto transactions and developers.
- Proof of History technology makes it unique in the blockchain world.
- The community and ecosystem around Solana are constantly increasing.
Investors interested in long -term projects should closely follow the solar. With a strong leadership and clear roadmap, the future of this blockchain looks promising.
If you want to know more about cryptocurrencies, you will find a series of articles and educational materials on the Abarai blog. We recommend that you read:
