Back to glossary
Solana
Solana is a high-performance blockchain designed for decentralized applications and crypto assets.
Solana uses a unique combination of technologies to achieve its high performance, including a proof-of-stake consensus mechanism called Proof of History (PoH), which provides a high-throughput, low-latency, and low-cost platform for building and deploying decentralized applications.
Solana’s architecture allows it to process up to 65,000 transactions per second (TPS), making it one of the fastest blockchains in the world. This high TPS capacity is achieved through its innovative use of parallel processing and multi-threading technologies.
Discover other #Advanced terms in DEXTool's Crypto Glossary
ETF (Exchange-Traded Fund) Stock-to-flow WAGMI NGMI Wash Trading Hedging Bearwhale Apes Laser Eyes Shilling Bagholder Layer 1 DEG (Decentralized Ecosystem Governance) Permissionless development Cross-chain Stop Loss TVL (Total Value Locked) Miner Extractable Value (MEV) TPS (Transaction per second) Total exchange volume