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WHAT IS SOLANA?

WHAT IS SOLANA?

Solana is a high-performance blockchain that was launched in March 2020. It was developed by Anatoly Yakovenko and his team at Solana Labs. One of the key elements of Solana is its consensus mechanism called Proof of History. . PoH provides a sequential log of events, making it easier to synchronize nodes and reduce the need for network communication. This contributes to the high speed of transactions on Solana. In its operation, it also uses a Byzantine fault tolerance consensus mechanism known as Tower BFT. This consensus mechanism works in conjunction with Proof of History to achieve high performance and security.

WHAT IS YOUR ARCHITECTURE LIKE?

Solana is designed with a state architecture that allows applications to access and modify the state of the blockchain efficiently. This is essential for complex applications and smart contracts. Smart contracts in Solana can be written in languages such as Rust. Tokens can be created and managed using programs in Rust, one of the main programming languages ​​for the development of smart contracts and programs on the blockchain. It also supports BPF (Berkeley Packet Filter), an open source language used in many operating systems.

GROWTH OF THE SOLANA ECOSYSTEM.

Solana has attracted an active community of developers and has seen the growth of a diverse ecosystem of applications, DeFi (decentralized finance) platforms and NFT (non-fungible tokens) projects.

Solana's native token is SOL and is used to pay transaction fees or stake. It is also the unit of account within the blockchain. Solana has gained popularity in the cryptocurrency space due to its high performance and ability to handle a large number of transactions per second, making it attractive for applications that require large capacity. processing. However, as with any blockchain project, it is important to closely monitor its development and understand its growth potential.

SOLANA TRUSTED WALLETS ARE PHANTOM - SOLFLARE.

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