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Why Solana blockchain?
Answer is simple, because of speed and consensus of PoH.
Solana is a blockchain network focused on fast transactions and high throughput. It uses a unique method of ordering transactions to improve its speed.
The future of crypto and DeFi projects looks set to be colored in Gradient colors -- the official palette of Solana. Solana is currently at the cutting edge of blockchain innovations. Being based on peer-reviewed research and developed through evidence-based methods, Solana is widely anticipated to become the new crypto standardsetter. Investors recognize the network’s potential to challenge the embedded status quo of monopolistic and bureaucratic power structures within the world of crypto - to move towards open and inclusive technological standards. The unparalleled security, breakneck blockchain speed, and significantly lower transaction fees of Solana will bring us to a new DeFi era. Because Solana is being run by a non-profit foundation and offers a myriad of advanced functionalities, we anticipate most future crypto projects will end up choosing Solana over its competitors.
Scalability is one of the most difficult aspects of blockchain technology to overcome. As these networks expand, they frequently encounter transaction speed and confirmation time constraints. Solana attempts to address these issues while maintaining security and decentralization.
Founded in by Anatoly Yakovenko. Solana blockchain adopts a new method of verifying transactions. Bitcoin, Ethereum, and many other projects suffer from scalability and speed issues. Using a method known as Proof of History (PoH), the Solana blockchain can handle thousands of transactions per second.
Last modified 4mo ago
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