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| en:iot-reloaded:second_generation_applications [2025/05/13 15:12] – pczekalski | en:iot-reloaded:second_generation_applications [2025/05/17 09:17] (current) – agrisnik | ||
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| __Cardano__ | __Cardano__ | ||
| - | Cardano is a second-generation blockchain platform that provides a secure and scalable infrastructure for decentralised applications and smart contracts. It uses a unique Proof of Stake (PoS) consensus mechanism called Ouroboros, designed to be more energy-efficient than Ethereum' | + | Cardano is a second-generation blockchain platform that provides a secure and scalable infrastructure for decentralised applications and smart contracts. It uses a unique Proof of Stake (PoS - selects validators in proportion to their quantity of holdings in the associated cryptocurrency) consensus mechanism called Ouroboros, designed to be more energy-efficient than Ethereum' |
| __Polkadot__ | __Polkadot__ | ||
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| __Solana__ | __Solana__ | ||
| - | Solana is known for its high-performance blockchain, which is capable of handling thousands of transactions per second. It uses a novel consensus mechanism called Proof of History (PoH), which enables fast block confirmation times. This makes Solana suitable for high-frequency trading, gaming, and other high-demand dApps. | + | Solana is known for its high-performance blockchain, which is capable of handling thousands of transactions per second. It uses a novel consensus mechanism called Proof of History (PoH - a technique which ensures that historical data is accurate and hasn't been tampered with), which enables fast block confirmation times. This makes Solana suitable for high-frequency trading, gaming, and other high-demand dApps. |
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