What is Solana(Sol) by @hamza009

in Steem4Bloggers2 years ago

Assalamualaikum

I hope that my all steemit and steem4blogger friends are fine and well by the grace of Allah almighty I am also fine and doing my work well by the grace of Allah almighty I hope that all of you enjoying your summers at your home very well today I am here to tell you about solana so let's see Below

1_FMmWezCBzwlmcgbnDWca5w.png
Source

Solana(Sol)

Solana is a blockchain and it is famous and know because of its speed. It's tokens are their local currency and used to pay the transaction fees of solana. Since it published it became the most famous and popular cryptocurrency.

Smart contract capability

Developers used to develop the dapps with the help of solana because of its smart contract capability. Because of it's strong growth it have many other cryptocurrency to grow viral such as etherium.

Fast and cheap transactions

Solana is unique because of its fast and cheap transactions. It can do 60000 transactions per second with a very low transaction fees. It do very cheap and fast transactions because it use proof of history which is a unique algorithm. Solana combine proof of history and proof of stake to make transaction fast and more faster process.

Minting selling and trading

We can do minting selling and trading of non fungible token with the help of solana. We can also develop dapps by using solana blockchain.

Competitor

Sulana is very famous and popular crypto currency and it is the big competitor of etherium and that's why it is called etherium killer. Etherium m uses proof of stake when it is launched but when sulana is launched it use proof of stake and proof of brain now it uses proof of stake and proof of history combined which makes it which makes it a very unique algorithm.

Writer:@hamza009

Sort:  
Loading...
Your post has been successfully curated by our team via @ozenozge at 30%. Thank you for your committed efforts, we invite you to do more and keep posting high quality posts for a chance to win valuable upvotes from our team of curators and probable selection for an additional upvote later this week in the Top Seven.

received_388032689541375-1.jpeg

Note: You must enter the tag #fintech among the first 4 tags for your post to be reviewed.

 2 years ago 

Must include the #club tag in your posts. You are belonging to #club75 so be sure to use this tag in your posts.

Thanks for your commitment efforts in making this good. Keep it up!

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.030
BTC 59961.00
ETH 3199.92
USDT 1.00
SBD 2.46