How does Solana's consensus mechanism differ from Kadena's in the world of cryptocurrency?

1 answers

• Apr 30, 2022 · 3 years ago
  In the world of cryptocurrency, Solana's consensus mechanism differs from Kadena's in terms of scalability and transaction speed. Solana utilizes a proof-of-history (PoH) consensus mechanism, which leverages cryptographic techniques to create a verifiable record of events. This allows Solana to process a large number of transactions in parallel, resulting in high scalability and fast confirmation times. On the other hand, Kadena relies on a proof-of-work (PoW) consensus mechanism, similar to Bitcoin. While PoW ensures the security of the network, it can be slower and less scalable compared to Solana's PoH. Therefore, Solana's consensus mechanism offers superior scalability and transaction speed compared to Kadena's PoW mechanism.
  739

  370