Solana is a blockchain designed to support scalable decentralized applications (gapps). One of the key distinguishing features of Solana is its Proof of Stake (PoS) consensus system, which is backed by Tower Consensus. This is a variant of the system known as Practical Byzantine Fault Tolerance (PBFT), it allows distributed networks to reach consensus despite attacks from malicious nodes.

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Priority Fees and Local Fee Markets are seeing rapid adoption across the network at the wallet and dapp level. But what are priority fees? How do local fee markets work? 
Read more
👇 https://t.co/fpgY1IM1Rx

You may have heard about Solana's local fee markets, but what are they and why do they exist?

The goal of this thread is to help you understand the structure of Solana's blockspace so that you can understand how it is that local fee markets emerge. 🧵🧵

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Priority Fees and Local Fee Markets are seeing rapid adoption across the network at the wallet and dapp level. But what are priority fees? How do local fee markets work? 
Read more
👇 https://t.co/fpgY1IM1Rx

You may have heard about Solana's local fee markets, but what are they and why do they exist?

The goal of this thread is to help you understand the structure of Solana's blockspace so that you can understand how it is that local fee markets emerge. 🧵🧵