#Sol Solana is a high-performance, decentralized blockchain platform designed for building scalable and user-friendly decentralized applications (DApps). It is known for its high speed, low transaction costs, and energy efficiency compared to other blockchain platforms like Ethereum.
Key Features of Solana
1. Speed:
Solana can handle up to 65,000 transactions per second (TPS), making it one of the fastest blockchains.
2. Low Fees:
Transactions on Solana cost less than $0.01, making it cost-effective for developers and users.
3. Scalability:
Solanaās architecture allows it to scale without relying on layer-2 solutions or sharding.
4. Energy Efficiency:
Solana is considered eco-friendly, as it uses a unique consensus mechanism that requires less energy than proof-of-work systems like Bitcoin.
How Solana Works
1. Consensus Mechanism:
Solana uses a combination of Proof of History (PoH) and **Proof of Stake (