Do you know, Solana is the fastest blockchain in the world and the fastest growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more?
Solana is a blockchain platform designed to host decentralized, scalable applications. Solana is designed to support smart contracts and the creation of decentralized applications, or dapps. The blockchain operates on both a proof of history (PoH) and proof of stake (PoS) model.
While Solana launched in 2020, it is one of the most popular cryptocurrencies among more than 10,000 that currently exist. This blockchain database manages and tracks the currency, and effectively records every transaction that’s ever occurred in it, like a long running receipt. This decentralized setup makes the network more robust, and users can make transactions without the need of an intermediary.