Libra’s Bison Trails announces support for Solana protocol
Libra’s Bison Trails announces support for Solana protocol
Blockchain

Libra’s Bison Trails announces support for Solana protocol

By Amelia Tomasicchio - 26 Mar 2020

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Bison Trails, a blockchain-based infrastructure company and part of the basket of companies involved in Facebook’s Libra project, has announced support for the Solana protocol.

The two companies have actually been working together for years, but now support extends to Solana’s token holders within the Bison Trails platform, allowing users to become validators or delegate the company to be a validator when the platform’s mainnet is launched.

In addition, Solana users will receive rewards for participating as validators in the network.

Solana, which uses the Proof of History (PoH) consensus model manages, according to the press release released today, 50-65 thousand transactions per second and a block speed of 400ms with 50 nodes on its public testnet.

Joe Lallouz, CEO of Bison Trails said:

“The Solana team has been ruthlessly executing against their roadmap over the past few months and it’s truly impressive. We’re looking forward to the high transaction chain and new products and services it will unlock for the future of blockchain technology”. 

Anatoly Yakovenko, founder and CEO of Solana, commented:

“Solana is taking the most conservative approach to scaling by focusing on what we know works: a single shard that is globally accessible”.

Eric Williams, Solana’s co-founder, concluded:

“We’re proud to have the support of the Bison Trails team, with both teams determined to do everything we can to expand the blockchain ecosystem as a whole. At Solana, we’re developing a scaling solution for blockchains that can uniquely capitalize on improvements in hardware and bandwidth. Because of this approach, the upfront and on-going resources required to participate as a validator in the Solana network can be more demanding than other protocols. This is why the infrastructure being developed by the Bison Trails team is critical to our networks long term success”.

 

Amelia Tomasicchio
Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eido. She is now the co-founder and editor-in-chief of The Cryptonomist.

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