Why Solana?
Solana is currently the fastest layer-1 blockchain network in the crypto industry.
Ex-Qualcomm employees founded the distributed ledger network, and it scales up to 65000 TPS – Transactions per second without compromising the network security or decentralization.
By adding time-stamps to blockchain transactions, a novel feature used by Intel and Google to optimize their data facilities, Solana achieves such unparalleled speed for a layer-1 blockchain architecture.
Solana’s team created their decentralized clock as a centralized clock would not be compatible with the blockchain.
The Solana blockchain network is compatible with Smart Contracts allowing for DeFi projects like Sushiswap to launch on the blockchain.
Solana’s consensus mechanism is a combination of proof of stake and proof-of-history used for validation of transactions.
Solana’s decentralized clock is used to place time-stamps on transactions as validators take turns to produce blocks and perform other ta
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