Solana – what is it? How to get started, reviews, forum.

What is Solana?

Solana is an open-source project based on blockchain technology. The cryptocurrency was launched in 2020 by the Solana foundation based in Switzerland.

Who invented Solan?

The person involved in the Solan project is Anatoly Yakovenko. In the past, he worked as a senior engineer at Qualcomm.

How does Solana work?

Solana is based on the Proof-of-History algorithm that suspends scalability and usability. Solana has a short processing and validation time for transactions and contracts. Hence, large companies have also become interested in it.

How much does Solana cost?

The current price of Solan is several hundred dollars.

Where can I buy Solana?

Due to their popularity, SOL tokens can be purchased on most cryptocurrency exchanges.

Is it worth investing in Solana?

Investments on the cryptocurrency market can be unpredictable, hence it is difficult to advise on the purchase of a specific cryptocurrency. Perhaps a good solution is to diversify your investment portfolio.

Author

  • He describes himself as a cryptocurrency investment specialist. He had mined them many years earlier thanks to a self-constructed virtual coin excavator. Privately, he is passionate about hiking in the Karkonosze Mountains. In addition, he is a huge lover of photography, especially taking pictures of the mountains.

3 Comments

  1. Author

    Cryptocurrencies are as trustworthy as other traditional currencies. After all, they are all contract-based, and their value is contractual. They also have no coverage, because even the bank account balance is a digital record.

  2. Author

    Cryptocurrencies? I prefer to invest in works of art. I am not going to play any speculation.

  3. Author

    Solana is a decentralized computing platform. Its developers decided to improve blockchain scalability. Its advantage is that it supports thousands of operations per second.

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