1. What is Solana?
Solana is a high-performance blockchain platform designed for fast, scalable decentralized applications (dApps) and crypto projects. It focuses on speed and low fees.
2. Key Features
High throughput: Capable of processing thousands of transactions per second (TPS).
Low fees: Fractions of a penny per transaction.
Proof of History (PoH): Unique consensus mechanism combined with Proof of Stake (PoS), giving it its speed advantage.
Native currency of the Solana blockchain.
Used for paying transaction fees and staking.
Can be traded like any other cryptocurrency.
4. Development on Solana
Uses Rust, C, and C++ for smart contract development (called "programs").
Popular SDKs: Anchor (a framework that makes it easier to build Solana programs).
Tools: Solana CLI, Phantom Wallet, Solana Explorer.
