What makes Solana unique?

Solana’s technology PoS permits validators (those who validate transactions added to the blockchain ledger) to verify transactions based on how many coins or tokens they hold; PoH allows those transactions to be timestamped and verified very quickly.1 Ara 2021

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

Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain . Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low.6 Mar 2022

Ethereum was launched in 2014 and Solana was launched in 2020. Ethereum offers a much more mature and decentralized network, while Solana offers high-speed and low-cost transactions .

One of the most exciting features of Solana is its speed and scalability . It is one of the few protocols that boast over 1000 TPS because of its genuine web-scale blockchain features. In addition, Solana supports at least 50,000 TPS, which is about 3800 times faster than Ethereum and 10000 times faster than Bitcoin.