The blockchain universe is replete with innovative mechanisms designed to solve the challenges of decentralization, security, and scalability. One such mechanism is the Proof of History (PoH), a unique consensus component that revolutionizes the way distributed consensus is achieved on the blockchain. Developed by Solana Labs, PoH uses the concept of time to maintain a verifiable sequence of events on the blockchain, acting as a decentralized clock. This mechanism leverages Verifiable Delay Functions (VDFs) to create tamper-proof timestamps, unequivocally proving when specific events occurred.
In the quest for heightened network efficiency and scalability
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