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Disclaimer: All Forex and cryptocurrency forecasts, analyses, and market reviews on this website are for informational purposes only and do not constitute investment advice. Trading and investing involve risks of capital loss. See our full disclaimer.Solana (SOL) is a first-layer blockchain built to handle high volumes of transactions quickly and at low cost. The project started in 2017 in San Francisco, when Anatoly Yakovenko, together with Eric Williams and Greg Fitzgerald, set out to create a “public operating system” for decentralized applications. A year later the testnet was live, and by 2020 the Solana Foundation was established to support ecosystem growth. Unlike many other platforms, Solana uses a mix of Proof-of-Stake and a unique method called Proof-of-History, which helps order transactions in time. Combined with tools like Tower BFT, Turbine, Gulf Stream, and Sealevel, this setup allows the network to process thousands of transactions per second with minimal delays. Fees are tiny—fractions of a cent—but they keep the network secure, reward validators, and half of them are burned to reduce supply.
© 2009-2025 FORECK.INFO All rights reserved
Disclaimer: All Forex and cryptocurrency forecasts, analyses, and market reviews on this website are for informational purposes only and do not constitute investment advice. Trading and investing involve risks of capital loss. See our full disclaimer.