"Solana has a better return on investment than Ethereum," says SOL founder
Anatoly Yakovenko, founder and CEO of SOLA, believes that the Ethereum (ETH) proof-of-stock method does not work well enough. Introduced Proof of History.
Twelve years ago, Mr. Yakonko worked as an engineer at Qualcomm Technology Company (NASDAQ: QCOM) on a wireless application protocol project. In addition, he focused on a massive plan for historical information to accelerate the "consensus" approach. This protocol enables blockchain decisions to be embedded on a peer-to-peer system.
Solana has also developed other methods, including transferring and sending transactions to a validator before obtaining the previous set of final transactions. This helps speed up verification and the number of trades that can be made. Despite these features, Solana has not yet been recognized as a project outside the world of digital currencies. However, many people welcome this project.