Cryptocurrency

Solana (SOL) explained in a crypto quicky



#solana #sol #cryptonews #bitcoin #btc

What is Solana (SOL)?

Solana is an open source project that aims to be the world’s first web-scale, high-performance, permissionless blockchain.

Solana seeks to use a revolutionary innovation called Proof of History to remove performance bottlenecks, allowing transaction throughput to scale proportionally with network bandwidth.

SOL can be earned by staking coins for validators who run the network or by providing computing resources to validate transactions.
The network is run by Solana Clusters, which are a set of computers that work together and can be viewed from the outside as a single system.

Scaling blockchain for global adoption is one of tech’s biggest challenges. Utilising their innovative framework, the Solana team believe they are well positioned to succeed.

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Salana with its native token of soul is an open-source project that aims to be the world’s first web scale high performance permissionless blockchain salana seeks to use a revolutionary Innovation called proof of History to remove performance bottlenecks allowing transaction and throughput to scale proportionately with network bandwidth

Soul can be earned by staking coins for validators who run the network by providing Computing resources to validate transactions the network is run by salana clusters which are a set of computers that work together and can be viewed from the outside as a single system scaling blockchain for Global

Adoption is one of Tech’s biggest challenges utilizing their Innovative framework the salana team believe they are well positioned to succeed at time of recording salana is priced at $19.51 with a market cap of 47.56 billion it’s currently at position five with an unlimited maximum Supply a total

Supply of 569 million and a circulating supply of 437 million to buy or learn more about this or other coins head over to the crypto Doland like share subscribe and join me live every Wednesday and Sunday on the Adam Stokes YouTube channel this has been a crypto

Quickie happy investing and I’ll talk to you next time that

6 Comments

  1. I swapped my ada and eth for sol(70%)and pyth(30%) last month. Lots more upside potential, so far so good. Personally I think ada is near a dead chain and eth old school and tired. Thoughts?

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