Scalability – Intermediate Crypto Knowledge Guide
Blockchain scalability could be an indicator for a project’s future growth. So, how much do you know about its importance and challenges?
May 30, 2023
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Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. The Solana protocol is designed to facilitate decentralized app (DApp) creation. Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. Due to the innovative hybrid consensus model, Solana has attracted the attention of small traders and institutional traders. An important focus of the Solana Foundation is to make decentralized finance available on a larger scale.
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Smart Contracts and Decentralized Applications – Intermediate Crypto Knowledge Guide
Smart contracts are the core of blockchain. Meanwhile, decentralized applications empower users on blockchain. Learn it all at MEXC blog now!
May 30, 2023
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