Solana and Ethereum: an in-depth blockchain comparison
Do you know what the fundamental differences between Solana and Ethereum are? If you have a basic understanding of blockchain terminology and want to learn it, let’s look at these projects together, their history and more. We’ll also explore infrastructural differences, including types of consensus models, token standards, and smart contract design. Well, for those […]
What is Solana Inu?
Solana Inu is a cryptocurrency that was created with the intention of being a more private and secure alternative to other coins like Bitcoin. It uses a unique privacy protocol called zk-SNARKS, which allows for completely anonymous transactions. Additionally, Solana Inu has a much faster transaction speed than other coins, making it ideal for use in businesses and online commerce.
How to buy Solana? Instructions for buying SOL
Solana project started in 2017. A distributed system based on new technologies quickly attracted the attention of cryptocurrency market players. Along with the emergence of the blockchain Solana emerged the cryptocurrency of the same name (ticker SOL), the rate of which increased by May 2020 by almost 3000% (according to the resource Coinmarketcap). The new coin attracted the attention of investment funds and private investors.
What is Solana (SOL) in simple words
Solana (SOL) is a cryptocurrency based on a brand new blockchain that uses a unique consensus mechanism called Proof of History (PoH). Its name translates as "Proof of History," and it is based on adding timestamps to blocks. This allows you to determine exactly when the event or transaction took place.