Solana adds another feather to its cap with a recent partnership between the Proof-of-History-enabled blockchain and Quicknode, a web3 cloud platform that allows developers to build and launch decentralized applications. In light of the partnership, Solana will get support for its blockchain on the cloud platform.
Founded in 2020 by San Francisco-based software engineer, Anatoly Yakovenko, the Solana blockchain prides itself as the most performant permissionless blockchain among other blockchains. The blockchain uses Proof-of-History consensus to confirm and validate blocks. Proof-of-History consensus differs significantly from the PoS and PoW variants, as it orders transactions based on submission time, offering seamless speed and transaction throughput.
Solana, Making a Difference Among Blockchains
Essentially, validators on the blockchain can engage numerous smart contracts concurrently, while having to worry less about blocks being validated slowly, traffic on the network leading to confirmation delays, and lastly, breakneck gas fees. Also, Solana allows for multi-chain activities with the Ethereum blockchain, via a cross-chain functionality known as Wormhole.
Moreover, Solana currently features over 250 web3 decentralized applications on the blockchain, as developers’ interest in building on the network continues to move at an unusual pace. What’s more, the Solana momentum has been jacked up following a $120 million funding to foster Solana-based innovations in uncharted markets.
In view of the Quicknode partnership, Founder Anatoly noted that developers have been formidable support for the blockchain and would still play a pivotal role in bringing to fruition a future Web3 ecosystem. He also expressed delight at the integration on Quicknode, saying what it meant for developers is unrestricted access to advanced frameworks and tools which will assist them in building easily on the Solana blockchain.
Solana Lines Up as Third Blockchain on Quicknode after FTM and ‘Optimism’
For Quicknode, Solana becomes the third blockchain getting integrated into its platform. Back in July, Quicknode added support for Fantom, an EVM-enabled blockchain that has a throughput of 10,000 transactions per second. Earlier in July, it brought Optimistic Ethereum on board. Optimistic Ethereum is a layer two scaling solution that functions as a part of the main network, but with perks of increased transaction capacity and fewer gas fees.
QuickNode, founded by Dmitry Shklovsky aims to address the most pressing issues bedeviling a handful of blockchains- scalability and transaction costs.
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