Learn more about moneyandinvestments with this collection
Understanding the basics of blockchain technology
The benefits and challenges of using blockchain
The future of blockchain technology
Who are the founders of Solana?
Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm. Later on, Yakovenko entered a new position as a software engineer at Dropbox.
In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs.
Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020.
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Where can you buy Solana (SOL)?
SOL tokens can be purchased on most exchanges:
- Binance (Usually it has the highest SOL/USDT trading volume)
- Okex
- Bilaxy
- Huobi Global.
Don’t Risk More Than You Can Afford to Lose!
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What is Solana (SOL)?
Solana is a fast, secure, and censorship resistant blockchain providing the open infrastructure required for global adoption.
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How many Solana (SOL) coins are there in circulation?
The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation.
At the moment(June 16, 2021), about 270 million of these have already entered the market.
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- The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a pr...
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Token distribution
The SOL token distribution is as follows:
- 16.23% went towards an initial seed sale.
- 12.92% of tokens were dedicated to a founding sale.
- 12.79% of SOL coins were distributed among team members.
- 10.46% of tokens were given to the Solana Foundation.
- The re...
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What makes Solana unique?
One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko.
Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana can proces...
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How is the Solana Network Secured?
- Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms.
- P...
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