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Solana Consensus Test
Forum Index » Trading & Operations (CSMP)
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Boopathi (IV010286301)



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Solana is based on the proof of participation or Proof of Stake, where it takes advantage of bitcoin's SHA-256 algorithm to generate unique stamps in each transaction and to be able to determine which is the winning block chain when transactions are generated simultaneously in various parts of the world. What she ended up calling “Proof of History”.

This has several ways to generate money with Solana, on the one hand trading in the purchase and sale of its cryptocurrency , transaction validation and staking, where you assign or delegate a certain amount of your token to the validators while they confirm transactions. Once it is carried out, you will receive a reward from this validation.

Although you are funding a validator, there is a risk that they will be penalized for malicious behavior where the system destroys the block they work with, and with it, your investment
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