Solana
A high-speed Layer-1 blockchain known for its Proof of History consensus and low fees.
Solana is designed to support scalable decentralized applications (dApps). Its key innovation, Proof of History (PoH), allows validators to agree on the order of events without waiting for confirmation from all other nodes, significantly increasing throughput (up to 65,000 TPS). It uses the Rust programming language for smart contracts.
graph LR
Center["Solana"]:::main
Rel_blockchain["blockchain"]:::related -.-> Center
click Rel_blockchain "/terms/blockchain"
Rel_proof_of_stake["proof-of-stake"]:::related -.-> Center
click Rel_proof_of_stake "/terms/proof-of-stake"
Rel_rust["rust"]:::related -.-> Center
click Rel_rust "/terms/rust"
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❓ Frequently Asked Questions
What makes Solana faster than Ethereum?
Its Proof of History mechanism and parallel processing capabilities allow it to handle effectively more transactions per second.
Is Solana decentralized?
It has thousands of validators, though critics argue high hardware requirements make it less decentralized than Ethereum.
What is SOL?
SOL is the native cryptocurrency of the Solana network, used for transaction fees and staking.