1. High Throughput (Fast Transactions)
Solana's ability to process over 65,000 transactions per second (TPS) sets it apart from other blockchains. This scalability is achieved using a unique consensus mechanism called Proof of History (PoH), which timestamps transactions to create a historical record that proves they occurred in a specific order. This is much faster than traditional Proof of Work (PoW) or Proof of Stake (PoS) systems.
2. Low Transaction Fees
One of the most appealing aspects of Solana is its extremely low transaction fees. While Ethereum’s gas fees can be unpredictable and expensive, Solana’s fees remain a fraction of a cent per transaction. This makes Solana an ideal choice for decentralized applications (dApps) and DeFi projects.
3. Energy Efficiency
Solana’s Proof of History (PoH) consensus mechanism not only speeds up transactions but also makes the network more energy-efficient compared to Proof of Work-based blockchains like Bitcoin.
