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Everything You Need To Know About the Solana Blockchain


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When it comes to cryptocurrency, NFTs and blockchains, Solana stands apart from other technology like ethereum or bitcoin. But what makes the Solana blockchain so different? What is it, exactly? And is Solana the future of blockchain?

Read: 5 Things You Must Do When Your Savings Reach $50,000

What Blockchain Is Solana?

Solana is one of the few blockchains based on proof-of-history, rather than proof-of-work, like Bitcoin, or proof-of-stake, like Ethereum now, after the merge. Solana uses proof-of-stake in conjunction with PoH, and did so even before Ethereum did.

It is a public, open-source blockchain founded by Anatoly Yakovenko in 2017. Compared to ethereum, which was founded in 2013, and bitcoin, launched in 2009, it is fairly new technology.

Like many blockchains and cryptocurrencies, Solana started with a…

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