Why Solana

Among the existing public blockchains, Solana dramatically outperforms the rest in terms of network throughput. Consider BSC as an example, which is one of the most popular public chains, with its underlying framework, Tendermint, primarily based on the PBFT consensus algorithm. PBFT is an acronym for Practical Byzantine Fault Tolerance algorithm. The consensus mechanism for this is based on weak synchronization.

Per research conducted in 2020, the maximum theoretical TPS value of Asynchronous Byzantine Protocol is only 20k (Dumbo: Faster Asynchronous BFT Protocols). Meanwhile, Solana achieved up to 65k TPS in a practical experiment, which is a market leading figure. Such high throughput is necessary for the realization of our vision of enabling DeFi to become the financial ecosystem of the future. As such, we chose Solana as our mainnet.

To learn more, read our deep dive into the Solana blockchain here.