Solana
SOL
Solana is a PoS blockchain that uses a new, efficient consensus algorithm called Proof-of-History to achieve scalability and security. Solana's vision is to enable decentralized applications to scale to millions of users. In contrast to other scaling solutions, Solana aims to scale censorship resistance and increase transaction throughput by an order of magnitude with highly-performant nodes that require a lot of storage and ultra-low latency.
You can find the link to the block explorer below:
Staking Guide
Validator Address
| Type | Value |
|---|---|
Validator Name | Luganodes |
Validator Identity | 6WgdYhhGE53WrZ7ywJA15hBVkw7CRbQ8yDBBTwmBtAHN |
Vote Key | 6aow5rTURdbhbeMDrFrbP2GR5vZjMEhktEy87iH1VGPs |
Performance
Luganodes validator performance can be tracked here.
Staking Mechanics
| Metrics | Details |
|---|---|
Reward Frequency | Rewards are generated every ~2 days (1 epoch) |
Auto-compounding | Auto-compounded every epoch and the reward is added to the stake amount |
Slashing | There's no on-chain slashing currently implemented. Manual slashing can be done manually by the Solana community |
Stake Lockup | None. But rewards will be generated from the next epoch from the time of stake |
Unbonding Period | None. But rewards can be withdrawn from the next epoch from the time of unstake |
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