What is special about Solana?

Solana now boasts a theoretical peak capacity of 65,000 transactions per second and has become one of the most highly used blockchains today due to its speed and cheap transaction costs. Like almost any blockchain system today, Solana is still very new and not without controversy.

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Which Crypto is better than Solana?

Axie Infinity . Another cryptocurrency that’s handily outpaced Solana in the dApp revenue department is play-to-earn blockchain-based game Axie Infinity ( AXS 17.25% ). Axie has brought in $105 million over the past 30 days — it’s the aforementioned No. 2 behind Ethereum — and $1.26 billion over the trailing year.

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Is Solana secure?

No, absolutely not . Proof of work consensus that is still used by ETH is the most secure one. You need computing power to approve transactions. Solana uses Proof-of-history which is a relatively new mechanism somehow similar to Proof-of-stake where you need a stake in the system to approve transactions.29 Eyl 2021

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Is Solana a good crypto?

Solana is a smart contract cryptocurrency that some believe could rival Ethereum (ETH) . It is extremely fast and transaction costs are a fraction of those on the world’s second biggest blockchain. However, 2022 is not off to a great start so far.

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