HOW PLUTOS NETWORK SEEKS TO IMPROVE USERS EXPERIENCE WITH ALTERNATIVE BLOCKCHAIN PART 1
-CASE STUDY SOLANA

Wonder Maey
3 min readOct 8, 2021

It has already been established that Plutos Network has carved a niche for itself as a synthetic investment that cuts across the Ethereum blockchain by using alternative blockchain which includes Solana, Polkadot and BSC to improve users experience.
This article seeks to elaborate on Solana had how apt it is for Plutos Network to adopt the Solana block chain.

SOLANA
This is an open-source decentralized network that was launched in March 2020. It grants faster transaction speed to the tune of 50,000–65,000 transactions per second (TPS) with use of Proof of History (PoH) and Proof of Stake (PoS) technology. Due to the speed of the Solana network, their transaction cost remains very low.

Solana’s Core Features include:
1. Proof of History (PoH)
The brainchild of Solana’s CEO Anatoly Yakovenko, Proof of History is a synchronized clock that helps assign a time span for every transaction in the blockchain. This prevents BOTs and miners from deciding the order of transactions recorded on the blockchain and thus brings about fast transaction speed, greater efficiency and higher throughput. It also helps in the storage of historical record of transactions so as to enable an effective track of the order of events.

2. Tower Byzantine Fault Tolerance (BFT)
This is a mechanism that helps to defend against failures of system components. It enables a decentralized trustless network to function even in the presence of malfunctioning or malicious nodes. It leverages on Solana’s PoH as a clock before consensus to reduce messaging overhead and latency. This in turn helps to improve transaction speed.

3. Gulf Stream
It pushes transaction catching and forwarding to the edge of the network. It helps to validate and to execute transactions ahead of time, to reduce confirmations, switch leaders and reduce the memory pressure on validators from the unconfirmed transaction pool. It helps to bring about huge transaction throughput.

4. Turbine
The block propagation protocol uses node communication with smaller number of nodes, making data transfer easy this increasing network speed and transaction processing speed.

5. Sea level
This is Solana’s contract run-time, it can enable the processing of tens of thousands of contracts in parallel using as much cores as available to the validator. In essence because of sea level there is a form of concurrent transaction on the same chain for better network run-time.

6. Pipeling
This is how Solana achieves faster transaction and across the various nodes. It assigns data input for different hardware for processing hence improving single node efficiency

7. Cloud break
This is a data structure that allows concurrent reads and writes between their 32 thread possible by leveraging memory-mapped files and making sequential operations faster than random operations. It also acts as a form of garbage collector for old invalid accounts to free memory.

8. Archivers
This is Solana’s distributed ledger store for data. These include computers and laptops f various people that serves as nodes. The network leverages on this sharing the data into right pieces for storage. Archivers are rewarded for using their systems as a means of storage.

BENEFITS OF BUILDING PLUTOS NETWORK PLATFORM ON SOLANA
Solana’s new values and innovations that results in high scalability, low cost is most sort after by Plutos Network.

Solana offers recent technologies that’s a great fit for DeFi synthetic hub support with functions capable of positively improving the space.

Plutos Network technical integration, user growth and ecosystem building is greatly improved for better trading experience.

CONCLUSION
Based on this evaluation, it is no wonder why Plutos Network decided to join the Solana ecosystem. Plutos Network as a synthetic investment platform has collaborated with Solana and migration occurred in July. Plutos Network seeks to enhance it’s users experience through the use of Solana.

For more information please visit

Official Website

https://www.plutos.network/

Official Email

official@plutos.network

Twitter

https://twitter.com/PlutosNetwork

Medium

https://medium.com/plutosnetwork

LinkedIn

https://www.linkedin.com/company/plutos-network/

Telegram Group

https://t.me/plutosnetwork

Telegram Channel

https://t.me/plutosANN

GitHub

https://github.com/PlutosNetwork

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