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Solana (SOL) Founder Explains Blockchain’s Unique Approach to Security and Performance

Altszn.com by Altszn.com
February 27, 2023
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Solana (SOL) Founder Explains Blockchain’s Unique Approach to Security and Performance
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Alex Dovbnya

Solana founder Anatoly Yakovenko has explained the unique approach Solana takes to ensure security and performance in its blockchain

Solana founder Anatoly Yakovenko has explained the unique approach Solana takes to ensure security and performance in its blockchain. In response to a tweet suggesting that Solana’s outages were due to on-chain votes, Yakovenko clarified that proof of stake systems require a lot of network communication for validation, and Solana uses quadratic messaging overhead as a requirement for classic Byzantine fault tolerance (BFT) consensus.

Solana has a large number of nodes, with 3,000 in its quorum, meaning that it needs to handle a large number of messages for each round.

To manage this load, Solana has implemented subcommittees that keep the quorum at 200 nodes, but this approach requires consensus to be measured in seconds and involves security and performance tradeoffs.

Solana aims to be fast and secure, and its 2,800-node quorum is designed to detect any nefarious activity by a small minority of nodes in the long tail of validations, ensuring that the smallest staked validator provides the same level of security as the largest staked one.

Yakovenko also explained why votes are implemented as transactions. Since every other user state transition, such as an open book order, requires the same level of security, each message must be propagated to all 3,000 nodes in the quorum. Solana uses one optimized pipeline for all messages, including votes, so they are implemented as transactions because it’s the most efficient method.

Solana’s design is unique and highly optimized for security and performance, as Yakovenko emphasized. However, maintaining such a network requires balancing tradeoffs between security, performance, and complexity. Yakovenko’s explanation highlights the challenges involved in ensuring Solana’s continued success.





Read More: u.today

Tags: approachBlockchainsExplainsFounderperformanceSecuritySOLSolanaUnique
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    • moneroMonero (XMR) $ 344.46
    • pi-networkPi Network (PI) $ 0.869201
    • wrapped-eethWrapped eETH (WEETH) $ 2,759.28
    • pepePepe (PEPE) $ 0.000014
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    • ondo-financeOndo (ONDO) $ 0.999834
    • kaspaKaspa (KAS) $ 0.119810
    • jito-staked-solJito Staked SOL (JITOSOL) $ 209.19
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    • internet-computerInternet Computer (ICP) $ 5.56
    • tokenize-xchangeTokenize Xchange (TKX) $ 36.16
    • crypto-com-chainCronos (CRO) $ 0.100463
    • bitcoinBitcoin (BTC) $ 102,649.00
    • ethereumEthereum (ETH) $ 2,584.23
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.52
    • bnbBNB (BNB) $ 650.82
    • solanaSolana (SOL) $ 174.19
    • usd-coinUSDC (USDC) $ 0.999965
    • dogecoinDogecoin (DOGE) $ 0.232578
    • cardanoCardano (ADA) $ 0.791058
    • tronTRON (TRX) $ 0.272723
    • staked-etherLido Staked Ether (STETH) $ 2,580.37
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,457.00
    • suiSui (SUI) $ 3.85
    • chainlinkChainlink (LINK) $ 16.69
    • wrapped-stethWrapped stETH (WSTETH) $ 3,099.12
    • avalanche-2Avalanche (AVAX) $ 24.46
    • stellarStellar (XLM) $ 0.302298
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.203758
    • hyperliquidHyperliquid (HYPE) $ 24.85
    • leo-tokenLEO Token (LEO) $ 8.90
    • the-open-networkToncoin (TON) $ 3.24
    • bitcoin-cashBitcoin Cash (BCH) $ 397.57
    • litecoinLitecoin (LTC) $ 99.56
    • polkadotPolkadot (DOT) $ 4.90
    • usdsUSDS (USDS) $ 0.999916
    • wethWETH (WETH) $ 2,580.35
    • moneroMonero (XMR) $ 344.46
    • pi-networkPi Network (PI) $ 0.869201
    • wrapped-eethWrapped eETH (WEETH) $ 2,759.28
    • pepePepe (PEPE) $ 0.000014
    • bitget-tokenBitget Token (BGB) $ 4.74
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999269
    • ethena-usdeEthena USDe (USDE) $ 0.999634
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 102,533.00
    • whitebitWhiteBIT Coin (WBT) $ 30.27
    • uniswapUniswap (UNI) $ 6.60
    • bittensorBittensor (TAO) $ 442.36
    • daiDai (DAI) $ 1.00
    • nearNEAR Protocol (NEAR) $ 3.00
    • aptosAptos (APT) $ 5.75
    • aaveAave (AAVE) $ 227.33
    • okbOKB (OKB) $ 54.22
    • ondo-financeOndo (ONDO) $ 0.999834
    • kaspaKaspa (KAS) $ 0.119810
    • jito-staked-solJito Staked SOL (JITOSOL) $ 209.19
    • ethereum-classicEthereum Classic (ETC) $ 19.59
    • internet-computerInternet Computer (ICP) $ 5.56
    • tokenize-xchangeTokenize Xchange (TKX) $ 36.16
    • crypto-com-chainCronos (CRO) $ 0.100463