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A public blockchain platform designed to host scalable applications which are decentralized. Its native cryptocurrency is SOL. Like the rest of the world’s most popular blockchains, Solana has a smart contract functionality.
First released | 2017 |
Developed by | Anatoly Yakovenko |
Open-source | Yes |
Solana blockchain is known for its high bandwidth. It can handle up to 65,000 transactions per second, which is around 10,000 times faster than Bitcoin and 3,000 times faster than Ethereum.