The biggest challenges in the blockchain industry is scaling.  Solana are taking to solve this challenge.  Those who contributed to the creation of the Solana Protocol come from some of the best companies in the world.

The development of the network was supported by fundraising more than $25 million from notable investors like Multicoin Capital, Foundation Capital, Distributed Global, CMCC, Blocktower Capital, NGC Capital and Rockaway Ventures.

There are several updates, announcements and explainers related to the Solana’s technology.  There is also more information about validators, partners, and community.

SOL was recently listed on OKEx.  Solana network makes use of a process to validate and replicate the transactions with web-scale speed and functionality.  Pipeline is the transaction processing unit for validation optimization.

The focus is to get sub-second confirmation times with the transactional capacity required for Solana to make it the first of its kind Web-scale blockchain. However, this alone is not necessary to form consensus quickly.

To quickly validate massive blocks of transactions, which at the same time replicating them across the network Pipelining is used.  There is a streaming of input data which has to be processed in steps.  Further, there is a different hardware required for this.  The wash/dry/fold several loads of laundry is the metaphor used to explain this concept. Each of these are performed by separate units.

A pipeline of stages is created to improve on efficiency. Each of these processes is a stage.  The wash dry fold is added in order, which means the data is processed in order one after the other in the Pipeline.  This all the three stages are loaded simultaneously.

Greg Fitzgerald, CTO Solana Founder and states,“We created a four stage transaction processor in software. We call it the TPU, our Transaction Processing Unit.”

Since the Solana TPU will be making progress on 50,000 transactions simultaneously, it will be possible to achieve this in an off-the-shelf computer for under $5000 – there is no need for a super computer.

Sydney Ifergan, the crypto expert tweeted:  “I see Solana TPU is nice.  If they can create a breakthrough in scaling that is the beginning of a big bang in the cryptocurrency space.”

Solana (SOL) Transaction Processing Unit

When the Transaction Processing Unit continues through processes like Data Fetching, Signature Verification, Banking, and Writing and sends the blocks out to validators, the next batch of blocks are getting worked upon, thus providing for scalability.

Despite offloading several expensive operations, they are dealing with several bottlenecks like interacting with the network drivers and managing data dependencies within smart contracts, which limit concurrency.