What is unique about Solana?
- Anatoly Yakovenko developed PoH (proof-of-history) consensus. This protocol helps to increase its scalability and usability.
- Speed. Solana’s protocol help to decrease validation time for transactions and brilliant contract execution.
- User-friendly. Solana is both user and developer-friendly. As a result, it can be used by significant projects, entrepreneurs, and small-time users.
- Low transaction costs. The Solana protocol is designed to maintain low transaction costs without unpredictable changes.
What about SOL?
SOL token was launched in March 2020, and rather quickly, it has become one of the TOP-10 cryptocurrencies on the market. SOL is a native token of the Solana blockchain, so it serves both as network governance and currency for payment. As a result, SOL holders may either be network validators, or they can just stake their coins.