Tell me how the Solana blockchain works, what are the unique characteristitcs...
Gamers, more than any other audience, care about speed. Solana offers the most crisp and responsive transactions at scale.
Crisp:
| Chain | Confirmations/Blocks | Approximate Time |
|---|---|---|
| Polygon PoS (Bridged USDC) | 372 | ~20 minutes* |
| Arbitrum(USDC) | 300 | ~3 minutes |
| Ethereum (USDC, EUROC) | 12 | ~3 minutes |
| Algorand (USDC) | 1 | ~5 seconds |
| Flow (USDC) | 1 | ~2.5 seconds |
| Avalanche (USDC) | 1 | ~2 seconds |
| Solana (USDC) | 1 | ~400 milliseconds |
https://developers.circle.com/circle-mint/docs/blockchain-confirmations
Scale:
At the time of this writing, Solana does more TPS than all other public blockchains combined (Hedera isn’t completely public). Solana blocks aren’t nearly full https://realtps.net/
It’s hard to undersell the ecosystem of tools and liquidity. Other ecosystems scale through fragmenting gamers across different chains.
https://solana.com/developers/gaming
Token Extensions Enable Native Support for Enterprise-Grade Use Cases