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(SOL) is a high-performance blockchain platform known for its speed and scalability. It is designed to support decentralized applications (dApps) and crypto projects. Here’s an overview:
Key Features
1. High Speed: Solana is capable of processing up to 65,000 transactions per second (TPS), making it one of the fastest blockchains.
2. Low Fees: Its transaction costs are very low compared to other blockchains like Ethereum.
3. Scalability: Solana uses a combination of Proof of Stake (PoS) and a unique Proof of History (PoH) mechanism to achieve high throughput without compromising decentralization.
4. Ecosystem: Solana has a growing ecosystem, including DeFi (Decentralized Finance) projects, NFT platforms, and gaming applications.
