Announced in a tweet (per a new policy), the expansion adds SPL tokens (Solana’s ERC-20 equivalent ) to Coinbase’s token menagerie for the first time.
Read moreIs Solana A ERC token?
Solana program library (SPL) tokens – Solana’s version of Ethereum’s ERC-20 tokens – are now the first non-Ethereum-compatible crypto asset on Coinbase Wallet.
Read moreWhat type of token is Solana?
Solana is a proof-of-stake cryptocurrency with smart contract capabilities including DeFi dApps and NFTs. Solana boasts a theoretical throughput of 65,000 transactions a second with near zero fees.
Read moreWhat token standard is Solana?
SPL tokens are to Solana what ERC-20, ERC-721, and ERC-1155 tokens are to the Ethereum network. As such, SPL can be seen as the token standard for the Solana blockchain.
Read moreIs Solana a SPL token?
SPL-Token. A Fungible Token program on the Solana blockchain . This program provides an interface and implementation that third parties can utilize to create and use their tokens.
Read moreDoes Solana have smart contracts?
Now let’s turn to how Solana approaches programming its blockchain. Firstly, in its developer documentation, Solana gets rid of the legal-sounding “smart contract” terminology and returns us to traditional software development language: “In Solana, smart contracts are called Programs.
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