$SOL Solana is a high-performance cryptocurrency blockchain which supports smart contracts and decentralized applications. It uses a proof of stake consensus mechanism with a low barrier to entry along with timestamped transactions to maximize efficiency.
There are over 25,000 cryptocurrencies at the time of writing. Almost all of them claim to bring something unique to the table â something which no other cryptocurrency project has done before. Many of you will know that most cryptocurrency projects have either failed to deliver on their promises or never really had anything all that special about them to begin with.
Solana does not fall into this category. It is a cryptocurrency project with a radically different approach to how blockchains work. It focuses on an element which is so devilishly simple that it makes you wonder why you did not think of it: time. As it turns out, introducing a decentralized clock to a cryptocurrency blockchain makes it more efficient than anyone could have possibly imagined.
