All About Solana (SOL)
A Web-Scale Blockchain for Secure and Scalable Decentralized Apps and Marketplaces.
- Solana is a high-speed single-layer blockchain, currently supporting peak capacity of 65k transactions per second and 400ms block times using a network timestamp system called Proof-of-History ("PoH").
- Core technical team comes from Qualcomm, a Fortune 500 chip manufacturer, where they managed projects such as Firefox OS and the BREW Operating System.
- As of the time of writing, the project has over 80 active third-party validators and over 50,000 community members across Telegram, Reddit and Twitter.
- Solana raised over 25 MM USD from investors including Multicoin Capital, Foundation Capital, Distributed Global, Blocktower Capital, NGC Capital, and Rockaway Ventures.
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