#OnChainInsights

Solana is a smart contract platform focused on scalability. It was introduced by Anatoly Yakovenko in 2017 as a new blockchain architecture based on Proof-of-History (PoH) – a novel consensus mechanism for verifying order and the passage of time between events. This innovation allows Solana to scale linearly with hardware advancements, which is how it achieves >3,000 transactions per second. Solana differentiates itself from modular architectures like Ethereum’s by following an “integrated” (sometimes referred to as “monolithic”) approach. Instead of having rollups that host data to the main chain (data availability layer), Solana integrates everything into one protocol with its own consensus.