2021-07-12 18:00:00

Power Ledger Announces Migration From Ethereum To Solana By CoinQuora

Power Ledger Announces Migration From Ethereum To Solana

  • Power Ledger is migrating its blockchain from to Solana.
  • As per the announcement, staking will be available to all POWR token holders.
  • The Australian firm shares that it’s faster than before and supports higher transactions.

Today, Power Ledger announced the migration of its Powerledger Energy Blockchain from Ethereum to Solana. The platform is an Australian energy trading company. About the move, the firm shares that SOL is much faster than ETH and can support higher transaction throughput.

Of note, Solana’s design is not as energy-intensive as current Proof-of-Work (POW) blockchains as it uses many consensus mechanisms, namely Proof-of-History (POH) and Proof-of-Stake (POS).

John Bulich, Co-founder and Technical Director …

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

empty message

empty message

empty message

empty message

empty message