Solana's ecosystem is developing rapidly and will definitely become one of the leading blockchain systems in the near future.
Hello soldiers!
Those who follow the development of blockchain may be familiar with the Solana protocol. Solana brings a revolutionary new method designed to make it available to everyone in the world. An open source-based project, first developed in 2017, with ultra-reliable performance. Solana's mission is to support the large-scale and rapid development of its blockchain ecosystem and democratize the world's financial system.
In 2020, Solana Network launched Mainnet Betta and developed a global community of 650,000 participants. There are many collaborations with other blockchain projects that have successfully developed the network on a wider scale, one of which is Arweave. This cooperation with Arweave is the forerunner of the birth of the SOLAR bridge.
So, what exactly is Arweave? It is a storage type that supports persistent and persistent data. Arweave allows users and developers to save data permanently. This is a unique project and the first in the world. In short, as a collective hard drive, Arweave can store valuable information about any application and history without any time limit. By protecting your data, you can prevent others from copying your code/data, thus making your application more secure.
The SOLAR bridge is manufactured by Bering Waters, a technology company based in Hong Kong. Bridge is a very important development for Solana's continued growth because it makes it the first blockchain that can move and store its transaction history on a dedicated storage network.
Due to the increase in block production, blockchains like Solana will generate a lot of data. Review resistance must always be available throughout the history of the ledger, which is necessary to enable all participants in the network to be audited in real time.
Solana throughput can reach 65k transactions per second with a block time of 400 milliseconds and more than 50 nodes. With the continuous rapid and large-scale growth of the network ecosystem, it is only a matter of time before the number of transactions per second increases again.
What is a blockchain bridge?
The blockchain bridge can create two different blockchain ecosystems to transfer tokens or data between each other. As you know, the lack of interoperability in the blockchain ecosystem is an undeniable challenge. Currently, whenever developers build a DApp on the blockchain, they basically cannot move it and get stuck by the blockchain.
By using a bridge, developers can have 2 blockchains that interact with each other. Blockchain bridges usually use some kind of burning protocol to keep the supply of tokens constant across all platforms. When a digital asset leaves the blockchain, it will be burned or locked, and the equivalent asset will be printed on another blockchain.
By using blockchain bridges, developers can send their assets to other blockchains for processing at higher speeds and lower costs. In addition, both interconnected blockchain ecosystems benefit from the use of bridges because they reduce the density of network traffic by spreading network traffic to other blockchains.
What are the benefits of Solana?
In the short term, Arweave will receive funding with a long-term goal of paying Arweave as proof that customers store Solana blocks without the need to pay rewards. Integration with Arweave via the SOLAR bridge means that Solana no longer needs to develop or use a replicator as a storage facility.
Arweave is a better choice because Solana no longer has to worry about storage issues. Solana's team can focus on their field of expertise, high-performance replication engine, and Arweave can focus on decentralized storage solutions.
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information on solanaleaders project
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