Unlocking Blockchain Speed: Understanding Proof of History (PoH)

Proof of History (PoH) is a unique blockchain technology developed by Solana that dramatically boosts speed and scalability. Unlike traditional methods like Proof of Work or Proof of Stake, PoH uses verifiable delay functions to determine the precise time of an event without relying on a centralized clock. This innovation enables trustless transaction ordering, resulting in significantly faster processing speeds for transactions.