$SOL
Solana Network: fundamental bases
Solana is a blockchain network that stands out for its speed and efficiency. The big secret of this network lies in how it processes transactions much faster than other blockchains, such as Bitcoin and Ethereum.
This happens because Solana uses a technology called Proof of History (PoH), which allows transactions to be organized in chronological order. In other words, Solana can know exactly when each transaction happened without needing all the computers in the network to verify it.
In addition to this technology, Solana uses Proof of Stake (PoS), where people who help keep the network secure are rewarded with the SOL token. And the more tokens they have, the greater their chances of validating transactions.
The combination of these two technologies allows Solana to process over 65,000 transactions per second. In comparison, Bitcoin can manage about 3 to 7 transactions per second, while Ethereum ranges between 15 and 30.