Skip to main content

How to Deploy and Build Smart Contracts on Solana

Solana was introduced by Anatoly Yankovenko in 2017 in an effort to solve scaling problems in existing blockchains. Solana is capable of processing up to 71,000.00 transactions per second using a standard gigabit connection, as long as transactions don't exceed 176 bytes. With its great capabilities and innovative features, Solana emerges as the fastest-growing platform.

The platform is designed to encourage growth and frequency-oriented decentralized applications. This is essential for setting up a permissionless banking system. Solana blockchain boasts over 400 projects, including Web3, DeFi, NFTs, and others.

Solana's proof-of–history consensus is a first step in achieving high speed and scalability. It has a strong position among the most performant blockchains. Solana is constantly expanding and adding new projects.

What is Solana exactly?

Solana is an open-source decentralized blockchain ecosystem. It was created to address the congestion issues and scalability issues in existing blockchains. The blockchain is designed to increase scalability and provide faster confirmation times as well as high transactions per second (TPS). It's an open-source project, incorporating revolutionary technologies from Intel Netscape Google, Qualcomm, and Google to help Solana keep its high-performing standards. You can read our entire insight about Solana.

What is the Architecture of Solana Smart-Contract?

Solana’s smart contract model is different than traditional EVM-enabled cryptos. Traditional EVM-based contracts combine state and code into one contract that is then deployed on-chain. The smart contract on Solana is read-only and stateless but contains program logic. External accounts can access the smart contracts once they are deployed. These accounts can interact with the program to store program interaction data.

This allows for the logical isolation of state (accounts), contract logic, and programs (programs), which is an important difference between traditional EVM and Solana smart agreements. Accounts on Solana, and other blockchains such as Ethereum, are also very different. Solana accounts store data (like wallet info) while Ethereum accounts only provide references to wallets.

Solana is also equipped with a JSON RPC (CLI) and a JSON RPC (API) to allow DApps to interact with Solana. Decentralized applications may also use existing SDKs in order to interact on Solana with the blockchain or programs.

To read more - https://www.leewayhertz.com/build-solana-smart-contracts/

Comments

Post a Comment

Popular posts from this blog

What is custom software development?

It is the process of designing, developing and deploying software for a specific user or organization. It defines a definite closed set of requirements specific to a particular user. A custom software development company can follow basic software development steps of requirement gathering, designing, coding and development, testing and maintenance for custom software development. There are various methodologies to develop custom software like Agile and Scrum. A few of the most significant software development methodologies are discussed ahead. What are custom software development methodologies? Waterfall model The Waterfall model is the most traditional and foundational methodology. It has various development stages that are pretty rigid and sequential. It involves structuring and documentation of the project. The first stage is requirement gathering which involves a complete understanding of both developers' and customers' requirements. The second stage of development require...
Post a Comment
Read more

Telemedicine App Development

Applications have become an integral asset of day-to-day operations.Despite the various innovations growing daily, mobile applications are, undoubtedly, one of the best inventions with immense potential to make a remarkable change. Due to healthcare apps development globally, the telemedicine app development company has experienced tremendous growth over the past few years. Telemedicine applications are designed for smooth functioning and connecting the patients with doctors from their homes or clinics. With the growing competition, it is necessary to incorporate the following features that fulfill users' demands regarding telemedicine app development. Features of TeleMedicine App Development User profile It is the most crucial feature in doctors as well as patient's telemedicine app. The users need to generate the accounts and include the required details like name, display picture, age, etc. Doctor Review This feature is beneficial to patients when choosing a medical profess...
Post a Comment
Read more

What are mHealth apps?

  mHealth apps are mobile health applications that offer healthcare services through mobile devices, wearable gadgets and sensors. Data collection, sharing and monitoring become easier with mHealth applications. The quality of health services provided to patients gets effectively improved with mHealth apps development. There are numerous benefits of mHealth app development like efficient data collection, improved healthcare, paperless documentation, remote patient monitoring, reduced healthcare costs and many more. A mHealth apps development company aims to deliver cross-functional solutions to improve patient services and medical care. mHealth app development services include fitness tracking, telemedicine, health information exchange, hospital management and many other healthcare services. How to develop mHealth apps? mHealth app development is a technical task that requires experience and expertise in the software development domain. However, here are the crucial steps that a mH...
2 comments
Read more