Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Compliance Specialist at Exness Becomes Vanuatu’s Stablecoin Commissioner

07/08/2026

BitMart shuts down trading as BMX crashes more than 60%

07/08/2026

Bitcoin miners’ AI pivot loses Wall Street’s wow factor

07/08/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    $150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K

    07/08/2026

    Bitcoin reclaims $65K as oil falls to a two-month low, more gains ahead or a dead cat bounce?

    07/08/2026

    Bitcoin price climbs above $65K after U.S.-Iran peace deal lifts markets

    07/08/2026

    The Iran deal is done. Why Bitcoin is not celebrating

    07/08/2026

    U.S. Spot Ethereum ETFs See $11.9M Net Outflow as BlackRock Staking Fund Bucks Trend

    06/08/2026

    Ethereum Network Is Getting Busier, But Why Isn’t ETH Price Moving?

    06/08/2026

    Why Ethereum’s Scaling Isn’t Boosting Token Value

    06/08/2026

    Ether whales are pulling ETH off exchanges, Here’s why

    06/08/2026

    Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates

    07/08/2026

    Dogecoin Co-Founder Shares Ultimate Crypto Experience

    07/08/2026

    Flare makes XRPFi accessible in a single signature with smart accounts v1.3

    07/08/2026

    SBI expands beyond Ripple with Canton Network unit

    07/08/2026

    An actual NFT success story? Tascha Labs’ shattered diamond

    06/08/2026

    NFT startup founder charged with misusing funds from $10 million fundraising

    06/08/2026

    What Happens to Your Attendance NFTs?

    04/08/2026

    StonkBrokers NFT on Robinhood hits $12.6K in 2 weeks: Can momentum hold?

    04/08/2026

    Compliance Specialist at Exness Becomes Vanuatu’s Stablecoin Commissioner

    07/08/2026

    BitMart shuts down trading as BMX crashes more than 60%

    07/08/2026

    Bitcoin miners’ AI pivot loses Wall Street’s wow factor

    07/08/2026

    $150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K

    07/08/2026
  • Blockchain

    Kenya moves 30 million academic credentials onto Avalanche blockchain

    06/08/2026

    How Indian Banks Are Using Blockchain While Keeping Crypto at a Distance

    06/08/2026

    LayerZero Has Moved More Than $200 Billion. Now It’s Chasing Global Payments.

    06/08/2026

    Inside Solana’s $1.6 Billion Market for Tokenized Trading Cards

    05/08/2026

    Layer-1 Blockchain Network Aptos Announces the Deployment of Privacy Feature on its Mainnet! Here Are the Details

    05/08/2026
  • DeFi

    Aave and Uniswap push OKX’s X Layer DeFi to record levels

    07/08/2026

    Flare Brings XRP-Backed RLUSD Loans to Ethereum, Letting Holders Unlock Liquidity Without Selling

    07/08/2026

    Sentora Opens A Lending Vault Against Wellington’s First Native Onchain Credit Strategy

    07/08/2026

    ether.fi Removes Restaking From weETH, Nearing A Full EigenLayer Exit

    07/08/2026

    On-chain options close in on crypto’s $21B-a-day perp market to deepen liquidity everywhere

    06/08/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    SBI reportedly plans 3% yield lending service for JPYSC stablecoin

    07/08/2026

    Events that could move Bitcoin and crypto markets this week

    07/08/2026

    Metaplanet completes Siiibo deal and launches securities subsidiary

    07/08/2026

    XRP Breaks 2-Month ETF Inflow Streak, Misses Out on Massive US Market Rebound

    07/08/2026

    Circle hosts Seoul event to deepen ties with Korean financial firms

    06/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    BitMart shuts down trading as BMX crashes more than 60%

    07/08/2026

    15 Altcoins Experiencing a Volume Boom in South Korea – Here’s the List

    07/08/2026

    Institutional crypto trading platform LMAX is exploring sale, IPO

    07/08/2026

    Inside the mystery of BitMEX’s insurance fund

    07/08/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    why gameplay now beats crypto rewards

    29/07/2026

    From NFT gaming to mining simulators

    29/07/2026

    Bitcoin miners’ AI pivot loses Wall Street’s wow factor

    07/08/2026

    Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end

    07/08/2026

    Solo Bitcoin Miner Defies the Odds, Lands $200K Block Reward Jackpot

    07/08/2026

    Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash

    06/08/2026

    Compliance Specialist at Exness Becomes Vanuatu’s Stablecoin Commissioner

    07/08/2026

    China jails Sifang operators over $428M USDT gambling network

    07/08/2026

    CFTC tightens oversight of prediction market self-certifications

    07/08/2026

    a16z’s Miles Jennings Highlights the Importance of the CLARITY Act

    07/08/2026

    Compliance Specialist at Exness Becomes Vanuatu’s Stablecoin Commissioner

    07/08/2026

    BitMart shuts down trading as BMX crashes more than 60%

    07/08/2026

    Bitcoin miners’ AI pivot loses Wall Street’s wow factor

    07/08/2026

    $150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K

    07/08/2026
  • MarketCap
NBTC News
Home»Altcoins»The lifecycle of a Solana transaction
Altcoins

The lifecycle of a Solana transaction

NBTCBy NBTC26/07/2024No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter.


Howdy!

I am touching grass today, so Jeffrey is stepping in with the story of how transactions make it to the blockchain.

It’s admittedly a little funny that all this complex infrastructure predominantly helps degens buy memecoins. It reminds me a bit of how liquor goes through a whole long distillation process just to get diluted by cranberry juice or coke. But I digress:


The lifecycle of a Solana transaction

Solana tends to be so fast and efficient that transactions can feel instantaneous. But there’s actually a lot more happening under the hood than users may realize.

It also works a bit differently from other chains, which tend to struggle with congestion and high fees due to their reliance on mempools.

Solana’s approach goes something like this:

  1. Transaction Creation and Submission

A user initiates a transaction via a wallet, dapp, or other interface. Details of the transaction are immediately sent to an RPC (Remote Procedure Call) node through the JSON RPC API. Think of RPC nodes as intermediaries that help access and relay on-chain data. Unlike Ethereum, where RPC nodes are sometimes also validators, Solana’s RPC nodes are mainly non-voting validators focused on accessing onchain data.

2. Leader Selection

Meanwhile, a leader is selected to produce the next block in the blockchain.In Solana, the leader schedule is determined by the proof-of-stake mechanism, where validators take turns being the leader based on their stake.

  1. Packet Ingress and QUIC

The RPC node establishes a fast and secure connection to the leader node’s Transaction Processing Unit (TPU) using a communication protocol designed for quick and reliable data transfer called Quick UDP Internet Connections (QUIC). This protocol ensures that data packets are delivered securely, reducing delays and improving overall network performance.

  1. Transaction Processing Unit (TPU)

The TPU processes transactions in multiple stages, each handling a specific part of the process to ensure efficiency and security:

  • Fetch Stage: Transactions are grouped into batches of 128 packets to manage them more efficiently.
  • SigVerify Stage: Each transaction’s signature is checked for validity to ensure it hasn’t been tampered with. Duplicates are removed to prevent redundant processing.
  • Banking Stage: This is where the real work happens. Transactions are executed in parallel, meaning multiple transactions can be processed at the same time without waiting for each other. This stage ensures that all the necessary checks and updates are performed on the involved accounts.
  • Broadcast Stage: Once processed, the TPU broadcasts transactions to the network, informing all nodes of the new transactions.
    1. Gulf Stream Protocol

    Unlike Bitcoin, Ethereum, and others, Solana uses a transaction forwarding protocol called Gulf Stream, which eliminates the need for a traditional mempool queue. In legacy systems, unconfirmed transactions sit in the mempool until miners include them in a block, often causing delays and congestion. The Gulf Stream Protocol, however, preemptively forwards transactions to upcoming leaders if the current leader is overloaded. This ensures high throughput and low latency, preventing congestion and maintaining network efficiency.

    1. Proof of History (PoH) and Commit

    Proof of history (PoH) is a method of timestamping transactions, ensuring they are ordered correctly, without the need for traditional time synchronization. This solves problems faced by other systems in maintaining transaction order and consistency. Verified transactions are then committed to the ledger and broadcast across the network, enabling all validators to update their ledgers accordingly.

    1. Cluster Synchronization

    Next, validators within Solana clusters synchronize their states to maintain a coherent and updated ledger. Solana clusters are groups of validators working together to maintain the ledger. Synchronization between these clusters ensures that all validators have a consistent view of the blockchain. This process ensures that each node’s ledger is up-to-date and agrees on the current state of the network.

    1. Finalization and Confirmation

    Validators are nodes that process and verify transactions. Once a supermajority of validators confirm the block, the transaction is finalized and permanently recorded to the blockchain. Solana’s optimized handling ensures this process is swift and reliable.

    So, next time you send or receive a transaction on the Solana network, remember it’s not just one click and done. There’s a lot of tech wizardry going on behind the scenes that makes it all possible.

    — Jeffrey Albus

    One Good DM

    A message from Hardhat Chad, founder of Ore:

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates

07/08/2026

Dogecoin Co-Founder Shares Ultimate Crypto Experience

07/08/2026

Flare makes XRPFi accessible in a single signature with smart accounts v1.3

07/08/2026

SBI expands beyond Ripple with Canton Network unit

07/08/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Compliance Specialist at Exness Becomes Vanuatu’s Stablecoin Commissioner

07/08/2026

BitMart shuts down trading as BMX crashes more than 60%

07/08/2026

Bitcoin miners’ AI pivot loses Wall Street’s wow factor

07/08/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.