2.3 Differences between Solana Blockchain and Ethereum Blockchain
Last updated
Last updated
Compared to the Ethereum blockchain, Solana offers significantly higher throughput and lower transaction fees, making it more suitable for high-volume applications like real estate crowdfunding. While Ethereum has transitioned to Proof of Stake (PoS) to address scalability issues and congestion, Solana utilizes a combination of Proof of History (PoH) and Proof of Stake (PoS), resulting in even faster transaction processing and improved scalability. QUBI's choice of Solana over Ethereum enhances the platform's performance and user experience, ensuring seamless execution of real estate transactions.