What blockchain does Solana use?

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana’s blockchain is the SOL token which provides network security through staking as well as a means of transferring value.7 Şub 2022

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Can Solana be hacked?

Preliminary analysis from CertiK shows that the attacker exploited a vulnerability on the solana side of the Wormhole bridge to create 120,000 so-called “wrapped” ethereum tokens for themselves . (Wrapped etherum tokens are pegged to the value of the original coin but are interoperable with other blockchains.)

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Is Solana worth investing in?

All in all, it may be a good time to buy Solana, but only if the following are true: You believe it could be a good long-term opportunity . You’re on top of your other financial goals, such as retirement and your emergency fund. You’re investing money you can afford to lose.

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What is Solana and Polkadot?

Solana and Polkadot are highly visible blockchain technology projects that have drawn substantial interest from both investors and developers. While they do have some similarities, they are different in many ways, especially when looking at their fundamental purpose or use case.28 Şub 2022

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