What problem does this service solve?

Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions.BlockMason gives developers easy to use and standardized smart contracts for developing credit/debit related DApps.

Token Stats

Company Description

The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security.

BlockMason is a technology company that provides users with a blockchain base-layer for creating DApps. The Blockmason Credit Protocol provides a standardized smart contract platform for recording credit and debt obligations on the blockchain. Their network is powered by the Ethereum-based BCPT token. BlockMason also created Lndr, which is a peer-to-peer bill-splitting and expense-sharing App that is available on iOS and Android.