Thursday, February 17, 2022

web3 blockchain tool: Solana

 Solana (blockchain platform) - Wikipedia

Solana is a public blockchain platform with smart contract functionality. Its native cryptocurrency is SOL.

 "a potential long-term rival for Ethereum", citing superior transaction speeds and lower associated costs.

Solana achieves consensus using a proof-of-stake mechanism, as well as a "proof-of-history" mechanism which Solana's whitepaper claims improves scalability without sacrificing decentralization and security.[8]

Solana can handle 710,000 transactions per second, which is faster than the Ethereum blockchain

Written in Rust

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