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Solana
Solana is a blockchain platform designed to facilitate fast, secure, and scalable transaction processing. It's known for its high speed and low transaction fees, making it a popular choice for developers building decentralized applications (dApps).
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Proof Of History
Solana uses a unique consensus mechanism called "Proof of History (PoH)" This, combined with other innovations, allows it to process thousands of transactions per second.
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Basic Of Solana
High Speed: Solana can handle a large number of transactions quickly, making it suitable for applications like DeFi and gaming.
Low Fees: Transactions on the Solana network are generally cheaper compared to other blockchains.
Smart Contracts: Like Ethereum, Solana supports smart contracts, allowing developers to build decentralized applicaticsons.
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A Brief History
2017: Solana was founded by Anatoly Yakovenko.
2020: The Solana mainnet launched.
Rapid Growth: Solana gained significant traction in 2021, attracting a large developer community.
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