Introduction
In Solana, a transaction is a set of instructions that tells the network what to do. It can be something like transferring tokens, interacting with a smart contract, or updating account data. Understanding how a transaction moves through the Solana network helps developers and users know how the system processes actions, maintains security, and ensures high speed.
The transaction lifecycle in Solana goes through several steps.
1. Transaction Creation
- A client, such as a wallet or an application create a transaction.
- It includes details like.
- Signer accounts (who approve the transaction)
- Instructions (what the transaction will do)
- Recent blockhash (to make sure the transaction is processed quickly and not replayed)
- The transaction must be signed with the private keys of the required accounts.
2. Submission to the Network
- The signed transaction is sent to a Solana validator through RPC (Remote Procedure Call).
- RPC nodes act as gateways between users and the Solana network.
3. Validation and Forwarding
The validator checks.
- If signatures are valid.
- If the transaction has a valid recent blockhash.
- If the required accounts exist and have enough balance to cover the fees.
If valid, the validator forwards the transaction to the leader node in the current slot.
4. Leader Processing
- Solana uses a proof-of-history (PoH) and a leader schedule to decide which validator is the leader for each time slot.
- The leader bundles multiple transactions into a block.
- It executes each transaction in order, updating account states.
5. Block Propagation
- The leader sends the block containing the processed transactions to other validators.
- Validators verify the block and vote on its validity.
6. Finalization
- Once enough validators confirm the block, it becomes part of the Solana ledger.
- This means the transaction is final and cannot be reversed.
- On Solana, this process is speedy, usually within a few seconds.
7. Result and Confirmation Levels
- Users can check the transaction status through tools like Solana Explorer.
- Solana provides different confirmation levels.
- Processed: The transaction has been seen by a node but is not final.
- Confirmed: The transaction is included in a block but not fully finalized.
- Finalized: The transaction is permanently recorded on the ledger.
Conclusion
The transaction lifecycle in Solana is designed for speed and efficiency. It starts from creation and signing, goes through validation and execution, and ends with finalization on the blockchain. Thanks to Solana’s proof-of-history and parallel processing system, transactions can be confirmed within seconds while keeping costs low. This makes Solana suitable for applications that need fast and reliable blockchain performance.