What is Solana?
Solana is an open blockchain platform that is designed to alleviate the issues of scalability and congestion that are common in existing blockchains. Its primary goal of enhancing scalability, including a greater number of transactions per second (TPS) and speedy confirmation times. It’s an open source project made up of the most innovative technologies of Intel, Netscape, Google, Qualcomm to support Solana in ensuring high-performance standards. For a thorough analysis of Solana take a look at our research completely dedicated to Solana.
What’s the architecture of Solana Smart Contract?
Solana’s smart contracts differ from the traditional EVM-enabled blockchains. Traditional EVM-based contracts combine logic and code into one contract that is implemented on the chain. Contrarily a smart contract running that runs on Solana remains in read-only, or stateless mode, and contains the program’s logic. After the smart contract has been activated, it can be access by accounts outside of the program, and these accounts communicate with the software to store information related to program interactions.
In this way, the logic of separation between states (accounts) in addition to contractual logic (programs) occurs and is a major distinction between traditional EVM-enabled as well as Solana smart contracts. Additionally accounts on Solana as well as different Blockchains (like Ethereum) are also distinct. Accounts on Solana is a storage space for information (like account information) unlike Ethereum accounts which serve as the references to users their wallets.
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