Relictum VS Solana: Comparing Blockchains

Relictum VS Solana: Comparing Blockchains
HeadlinesNewsRelictum VS Solana: Comparing Blockchains

Share

Relictum VS Solana: Comparing Blockchains

Crypto Daily™a month ago
Published on May 25, 2022 06:00 GMT+00:00edited on May 26, 2022 12:19 GMT+00:00

Share

Blockchain is a continuous chain of blocks with different data, where amending the last block will not be a problem. However, no previous blocks can be amended, because the hash of the previous block is recorded into each next one.

Introduced in 2008, Bitcoin was the first to use blockchain technology. Various platforms have been developed so far to reduce the time of the transaction to hundredths of a second, cut transaction costs, etc.

Let’s consider two blockchains similar in operation, but with some differences: Relictum Pro and Solana.

Generation Difference

The blockchain technology dates back to 2008, when Bitcoin was released. This was the first generation consisting of a coin and based on Proof of Work (PoW).

The second generation, blockchain 2, was based on the use of …