Solana

In a post on X (formerly Twitter) <a href="https://coingape.com/heres-why-solana-sol-price-is-rising-today/">Solana (SOL)</a> Labs, cofounder <a href="https://coingape.com/solana-founder-shares-take-on-swqos-model-confusion/">Anatoly Yakovenko</a>, known by username&nbsp; “toly,” highlighted a fundamental aspect of the Solana blockchain. Contrary to the common belief that Solana was built primarily for maximum throughput, Yakovenko emphasized that its core purpose is to synchronize states globally as swiftly as the laws of physics allow. 
<h2 id="strong-yakovenko-highlights-solana-s-sync-priority-strong">Yakovenko Highlights Solana’s Sync Priority</h2> 
Solana is an integrated, open-source blockchain designed to synchronize global information at the speed of light. This vision emphasizes latency and throughput while sacrificing some verifiability to achieve global state synchronization. Key features such as the novel timestamp mechanism called <a href="https://coingape.com/markets/whats-next-for-3-top-ethereum-rivals-as-crypto-market-turns-bloody-in-april/">Proof of History</a> (PoH), the block propagation protocol Turbine, and parallel transaction processing are crucial to its design. These elements work together to ensure efficient synchronization across the globe. 
Yakovenko’s comments offer a different perspective on Solana’s design goals. While the blockchain is often celebrated for its high throughput, Yakovenko clarifies that the primary objective was not merely speed. The focus was on building a system capable of global state synchronization with unparalleled efficiency. This vision sets Solana apart from other blockchains that primarily aim to maximize transaction throughput. 
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Also Read: <a href="https://coingape.com/nvidia-to-report-q1-earnings-next-week-revenue-forecast-at-24-65-billion/">Nvidia to Report Q1 Earnings Next Week; Revenue Forecast at $24.65 Billion</a> 
<h2 id="strong-sol-token-rises-5-despite-trading-volume-drop-strong">SOL Token Rises 5% Despite Trading Volume Drop</h2> 
Recent data from CoinGecko underscores Solana’s performance. The blockchain was found to be the fastest among large blockchains, achieving an actual daily average of 1,504 transactions per second (TPS) on April 6 amid the meme coin craze. This performance is 46 times faster than Ethereum and more than five times faster than Polygon, the fastest <a href="https://coingape.com/ethereum-scaling-network-blast-goes-live-2-3b-freed/">Ethereum scaling</a> solution. 
<img decoding="async" class="aligncenter size-full wp-image-197507" src="https://coingape.com/wp-content/uploads/2024/05/GNyBMEva4AE0kqv.jpeg" alt="" width="552" height="690" srcset="https://coingape.com/wp-content/uploads/2024/05/GNyBMEva4AE0kqv.jpeg 552w, https://coingape.com/wp-content/uploads/2024/05/GNyBMEva4AE0kqv-240x300.jpeg 240w, https://coingape.com/wp-content/uploads/2024/05/GNyBMEva4AE0kqv-150x188.jpeg 150w" sizes="(max-width: 552px) 100vw, 552px"> 
Despite these impressive numbers, Yakovenko reiterates that high throughput was not Solana’s primary goal. The blockchain’s design prioritizes latency and synchronization, aiming to achieve global state synchronization efficiently. According to CoinGecko, this approach has resulted in Solana reaching only 1.6% of its theoretical maximum speed of 65,000 TPS. The increased volume of transactions has caused network congestion, raising questions about how quickly Solana can achieve greater real TPS with planned enhancements. 
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As of press time, Solana’s native token, <a href="https://coingape.com/price/solana/#:~:text=Live%20Price%20of%20Solana%20(SOL,hour%20trading%20volume%20being%20%242%2C370%2C386%2C943.">SOL price</a>, is in a bullish sentiment. The token recorded a price increase of over 5%, reaching $168.43 in the last 24 hours. Bulls have established a support level of $156.77 and a resistance level of $171.61. However, SOL trading volume has decreased by 10%, indicating a potential bearish sentiment in the market ahead. 
Also Read: <a href="https://coingape.com/kraken-europe-considering-delisting-tether-for-trading-report/">Kraken Europe Considering Delisting Tether For Trading: Report</a> 
The post <a href="https://coingape.com/solana-prioritizes-global-sync-over-maximum-throughput-says-founder-yakovenko/">Solana Prioritizes Global Sync Over Maximum Throughput, Says Founder Yakovenko</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Solana Prioritizes Global Sync Over Maximum Throughput, Says Founder Yakovenko

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