SOLANA: DELEGATED PROOF-OF-STAKE (DPOS) AND PROOF-OF-HISTORY (POH)

Summary from the TLDR Crypto newsletter

This article provides an in-depth look at how Solana achieves high performance through its unique consensus architecture. Solana utilizes Delegated Proof-of-Stake (DPoS) and a unique mechanism coined Proof-of-History (PoH) for validating and sequencing transactions. PoH essentially creates a global clock across nodes reducing discrepancies and boosting speed, while DPoS relies on stakes for network governance, making it efficient and incentivizing integrity. This unique design has been a tailwind, as scalability became one of the main narratives throughout this bear market.