Shinobi Systems' Solana Proof of Stake + Proof of History Primer
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Shinobi Systems' Solana Proof of Stake + Proof of History Primer
> Proof of History (PoH) is a sequence of computation that can provide a way to cryptographically verify passage of time between two events.
> Blockchain is an implementation of a fault tolerant replicated state machine. Current publicly available blockchains do not rely on time, or make a weak assumption about the participants abilities to keep
... See moreThe coding marathon resulted in proof of history, which Yakovenko has described as a clock for the blockchain. It allowed Solana to be superfast, time-stamping transactions as they happen. Coupled with proof of stake, it creates a faster, more efficient network than Etherum’s energy-intensive proof of work.