Solana Whitepaper Explained | Understanding Proof of History, Validators, Staking, and More!

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  • Опубликовано: 7 ноя 2024

Комментарии • 57

  • @LiamTaylor-u6e
    @LiamTaylor-u6e 2 дня назад +52

    I'm new to investing, and l've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.

    • @DavidCurvin-p2q
      @DavidCurvin-p2q 2 дня назад

      As a beginner, it's essential for you to have a pro or a very good trader to keep you accountable.

    • @DavidCurvin-p2q
      @DavidCurvin-p2q 2 дня назад

      If you can, then get a professional to trade for you I think that way your assets are more secure.

    • @DavidCurvin-p2q
      @DavidCurvin-p2q 2 дня назад

      Someone like expert viola patterson

    • @Zeus-q9d
      @Zeus-q9d 2 дня назад

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

    • @Martensalberto
      @Martensalberto 2 дня назад

      This is correct, viola strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.

  • @justinrigg9520
    @justinrigg9520 Месяц назад

    Getting into crypto and was struggling to read the Solana white paper. Your video was great man. Keep it up.

  • @harshvardhanbanerjer6672
    @harshvardhanbanerjer6672 Год назад +1

    hey josh....i just started learning about blockchain dev and got really intimidated by Solana . Thank you for making me understand this whitepaper in a concise manner . You deserve a lot more subscribers 👍

  • @johncool8653
    @johncool8653 Год назад +1

    Thanks Josh for the effort to make such a great video to explain Solana POH.

  • @zmuhammad-only2889
    @zmuhammad-only2889 7 месяцев назад

    Thank you! best explanation I've seen thus far!

  • @0xsuperman
    @0xsuperman Год назад +1

    Very good explanation on solana. One question, when people say solana is more centralized than ethereum, is it referring to the much lesser number of validators compared to on ethereum?

  • @haniman4618
    @haniman4618 2 года назад +4

    Amazing Video! Thank you!!

  • @MayaC-td4jl
    @MayaC-td4jl 7 месяцев назад

    Amazing! One question I have been trying to understand is how does solana determine which tx are dropped when there is network overload?

  • @dcc__750
    @dcc__750 Год назад +1

    Best explanation I have found on RUclips about proof of history. Thank you, subbed.

  • @fiscage7908
    @fiscage7908 Год назад

    Another main concern with vertical scaling and Solana's validator hardware requirements in general (due to PoH) is that only a small % of the world's population can and will run such hardware because of the associated costs, making the network potentially centralized. That being said, more research is warranted to understand this issue better.
    Great video by the way!

    • @ruiii709
      @ruiii709 10 месяцев назад

      Do we know how much available validator in solana network now?

    • @Anonymint-vj7bt
      @Anonymint-vj7bt 6 месяцев назад

      Regardless of the POH, it is centralized because of PoS (proof-of-stake) is centralized. All fungible resources are power-law distributed in nature. There are no exceptions. Thus stake is always power-law distributed. Thus 50+% of the stake is actually in control and can do whatever it wants with the block chain. I verified the mechanism by which 50+% stake can take control of Ethereum for example. I have done this analysis for many proof-of-stake systems, and there will be no exceptions as it is a fundamental invariant. This applies to Ethereum and every altcoin that is not proof-of-work. Eventually this will manifest itself. For now everyone is making enough money on mining the FOMO. The entire industry is a scam.
      SOL(ana) is just more of the usual aping dogsh8t.
      More on this at the appropriate time and venue.

  • @DemoCryptoToken
    @DemoCryptoToken 9 месяцев назад

    Awesome Video!! Best Explanation

  • @yongkangchia1993
    @yongkangchia1993 Год назад

    great explaination with very useful visuals!

  • @jpmitsch
    @jpmitsch 10 месяцев назад

    awesome video!! Learned a lot

  • @0xarunk
    @0xarunk Год назад

    Brilliant summary!

  • @hrushikevlogzzzzz7765
    @hrushikevlogzzzzz7765 Год назад

    Thank you Josh, great video :)

  • @nolanfaselt
    @nolanfaselt 3 месяца назад

    Does solana have a max number of tokens or can they be made?

  • @DatoAbesadze-tv3wj
    @DatoAbesadze-tv3wj Год назад

    Hi, Josh. I wanted to see solana rich list on sol explorer and this info is not there. Can you suggest the way I can get a legit data about sol account holdings?

  • @zenithlight6132
    @zenithlight6132 6 месяцев назад

    23:54 The fact that for a few seconds after sending a transaction the receiver won't see their balance update says nothing about strong consistency. Strong consistency is only talking about committed writes. In the case of a database, that means the write operation will block until all nodes have committed the new state, then it will return a success. In the case of a blockchain, that means that once a block that includes a transaction is finalized, that every validator will have the same view on your friend's balance.

  • @yulongcoding9542
    @yulongcoding9542 7 месяцев назад

    Great job! thank you!

  • @Crypto-vb3tx
    @Crypto-vb3tx 10 месяцев назад

    great explanation

  • @prakyathreddy5790
    @prakyathreddy5790 Год назад

    Regarding Proof of history, do all the Leader Nodes ever have the exact same hash currently being processed ?

  • @branislav3800
    @branislav3800 11 месяцев назад

    I didn’t get the timeout. If the 200 SOL and the 2 100 SOL keep voting the no one gets removed. So how does that reach consensus

  • @Jrej_dev
    @Jrej_dev 2 года назад

    Very helpful video. I'll share that with my own community. ;-)

  • @lherfel
    @lherfel Год назад

    thanks nice overview

  • @WilliamBrown-ug1hv
    @WilliamBrown-ug1hv 6 месяцев назад

    Sponge V2 is unstoppable, join the revolution! 🚀🔥

  • @Psxbs
    @Psxbs 10 месяцев назад

    can you give me the tldr?

  • @aidin3186
    @aidin3186 11 месяцев назад

    ❤‍🔥❤‍🔥❤‍🔥❤‍🔥

  • @eduardomedin9563
    @eduardomedin9563 Год назад

    Gacias amibo chinito por ayuda a Dodito att dodita

  • @vincenzoniglioITALIAINTHEWORLD
    @vincenzoniglioITALIAINTHEWORLD 2 года назад

    Just take some SOL and earn by locking it. But what can bring Solana in the future ?

  • @Flaneur27
    @Flaneur27 10 месяцев назад

    You are very likeable man kee goimg

  • @J-a-c-k-0
    @J-a-c-k-0 9 месяцев назад

    check out the power of ICP. dont let fud make u sleep on the best tech in the world

  • @offgridvince
    @offgridvince 2 года назад +3

    1st

    • @offgridvince
      @offgridvince 2 года назад

      Thanks again! I still love Solana.

  • @scottlim5597
    @scottlim5597 2 года назад +1

    we're all clueless and just got liquidated

  • @damonpalovaara4211
    @damonpalovaara4211 3 месяца назад +1

    I bet youre happy if you kept hodling sol

  • @jabrowski_
    @jabrowski_ 3 месяца назад

    This is great but please sound check ur videos

  • @pengye5280
    @pengye5280 9 месяцев назад

    so hard

  • @celissebearce1557
    @celissebearce1557 Год назад

    𝔭𝔯𝔬𝔪𝔬𝔰𝔪

  • @bademarc2147
    @bademarc2147 2 года назад

    Its cool but solana can die cuz FTX have big problems