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SOLANA-DRIVEN CRYPTO WALLETS: THE FUTURE OF SECURE, SEAMLESS TRANSACTIONS

 

 

 

 Authors:

1. Bhargavi¹, V. Bhanu Sri², E. Shravani³, B. Karthik⁴

Assistant Professor, Department of Computer Science &Engineering (AIML), ACE Engineering College, Ankushapur, Ghatkesar Mandal, Medchal District, Telangana. – 501301, India

Abstract: Cryptocurrency wallets play a critical role in decentralized finance, providing secure storage and transaction functionality for digital assets. In this paper, we introduce a blockchain-based solution for enabling secured and seamless crypto wallets, leveraging Solana's high-performance blockchain architecture. The solution utilizes Solana's Proof of History (PoH) and Proof of Stake (PoS) consensus mechanisms to ensure fast, scalable, and energy-efficient transactions. The domain of this work encompasses blockchain technology and decentralized finance (DeFi), focusing on crypto wallet security and transaction optimization. Key technologies integrated into the wallet include public/private key encryption, digital signatures, and smart contracts using the Solana Program Library (SPL) for token management. By adopting Solana’s architecture, this solution offers low-latency, cost-efficient transactions with enhanced security features, setting a new standard for decentralized financial applications.

Keywords: Blockchain, Solana, cryptocurrency wallet, Proof of History (PoH), Proof of Stake (PoS), decentralized finance (DeFi), security, digital assets.

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