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CryptoXTimes > Article > News > Solana’s Speed Race Extends Beyond Throughput To Global Sync
NewsAltcoin News

Solana’s Speed Race Extends Beyond Throughput To Global Sync

Solana aims for global sync, not just speed. Yakovenko clarifies.

Aima Raza
Last updated: May 17, 2024 4:51 pm
Aima Raza 1 year ago
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Solana's Speed Race Extends Beyond Throughput to Global Sync

Anatoly Yakovenko, co-founder of Solana Labs, recently tweeted about the original idea behind the Solana blockchain. He gave a different view than the common opinion that its main goal is to increase throughput.

Yakovenko, who goes by the name “toly” on X, made it clear that SOL was not originally built for high volume. Its main goal is to synchronize states around the world as quickly as the rules of physics allow.

Solana isn’t even designed for maximum throughput. It’s designed to synchronize state to as many boxes around the world as fast as physics allow. https://t.co/lTfDJuG6mp

— toly 🇺🇸| bip-420 (@aeyakovenko) May 17, 2024

An open-source, integrated blockchain called Solana wants to sync all information around the world at the speed of light. It does this by putting delay and throughput first while giving up some verifiability. This is made possible by features such as the proof of history (PoH) timestamp system, the Turbine block transmission protocol, and the ability to process transactions in parallel. 

Solana’s Impressive Speed Dominance

The current CoinGecko report showed that Solana was the fastest of the major blockchains, with an average of 1,504 transactions per second (TPS) on April 6 during the meme coin surge. This is what Yakovenko said next.

The study said that Solana is 46 times faster than Ethereum and more than five times faster than Polygon, which is the fastest scaling solution for Ethereum in terms of TPS. People praise SOL for having a high output, but Yakovenko made it clear that this was not its main goal. Creating a system that could achieve world state synchronization swiftly was the main goal.

CoinGecko says that SOL has only used 1.6% of its possible maximum speed of 65,000 TPS, even though it is the fastest blockchain. Network congestion is due to more transactions, and it’s still not clear how quickly SOL can improve its real TPS with planned updates. 

The native coin of Solana, SOL, is the fifth most significant cryptocurrency. It is worth $74.74 billion and is trading at $166.54 at the moment.

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TAGGED: Cryptocurrencies, PoH, solana, TPS, Yakovenko
By Aima Raza
As a practicing lawyer who focuses on issues related to crypto and blockchain, Aima gives our content a unique legal viewpoint. Because she is so good at navigating the constantly changing regulatory environment, our readers always know about the latest regulations and happenings in the crypto world.
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