Analysing the Effectiveness of Solana Blockchain Platform and PoH Consensus Algorithm in Providing a Solution for Blockchain Scalability Problem
- Title
- Analysing the Effectiveness of Solana Blockchain Platform and PoH Consensus Algorithm in Providing a Solution for Blockchain Scalability Problem
- Creator
- Roy, Moumita; Singh, Monisha; Radhakrishnan, Balasubramanian
- Description
- Solana started its journey in April 2018 and is now a public blockchain - based platform which aspires better scalability than other existing blockchains while providing security and decentralization. It backs the development of decentralized applications and smart contracts (DApps). The goal of the study is to confirm several of its characteristics, like its transaction throughput, or the pace in which legitimate transactions are committed to a Solana network block over the course of a one-second period (TPS). A secondary dataset that was gathered over the course of 60 days and made available on GitHub was utilized. Our data analysis findings demonstrate that the transaction throughput on an average is about 3006 TPS at a much lower transaction fees than the fees users pay for many other blockchains that facilitate the same operations, such as use of smart contracts and the development of DApps. The document explains the workings of the Solana blockchain, which, in the words of its creators, claims to address the scalability issue without compromising security and decentralization. Grenze Scientific Society, 2025.
- Source
- 16th International Conference on Advances in Computing, Control, and Telecommunication Technologies, ACT 2025;Volume;2;pp.10531-10536
- Date
- 01-01-2025
- Publisher
- Grenze Scientific Society
- Subject
- Blockchain; decentralization; scalability; Solana; throughput
- Coverage
- Roy M., Computer Science Department, Christ (Deemed to be) University, Bengaluru, India, Department of Computer Applications, CMR Institute of Technology, Bengaluru, India; Singh M., Computer Science Department, Christ (Deemed to be) University, Bengaluru, India; Radhakrishnan B., JPMorgan Chase & Co., India
- Rights
- Restricted Access; Hardcopy may be available in the library
- Format
- online
- Language
- English
- Type
- Conference paper
Collection
Citation
Roy, Moumita; Singh, Monisha; Radhakrishnan, Balasubramanian, “Analysing the Effectiveness of Solana Blockchain Platform and PoH Consensus Algorithm in Providing a Solution for Blockchain Scalability Problem,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 18, 2026, https://archives.christuniversity.in/items/show/26243.