$SOL $SOL
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Solana (SOL) is a high-performance blockchain platform designed to support decentralized applications (dApps) and cryptocurrencies. Launched in 2020 by Solana Labs, founded by Anatoly Yakovenko and Raj Gokal, Solana aims to provide a scalable and efficient environment for developers and users alike.
The Cryptonomist
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Wikipedia
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Investopedia
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Key Features
Proof of History (PoH): Solana introduces PoH, a unique consensus mechanism that timestamps transactions, enabling the network to process thousands of transactions per second. This innovation enhances scalability and reduces latency compared to traditional blockchains.
Investopedia
Low Transaction Fees: The platform offers minimal transaction costs, making it an attractive option for developers and users engaging in decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based applications.
Investopedia
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ChangeHero
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Investopedia
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Smart Contract Support: Solana supports smart contracts, allowing developers to build and deploy complex applications directly on the blockchain.
Coin Bureau
