Word of the Day | Solana
Word of the Day | Solana
Solana Blockchain, the speedy highway
Designed for high speed the Solana blockchain, unlike older blockchains can handle a massive amount of traffic (transactions) without slowing down. This makes it ideal for things that need to be fast and efficient, like: Decentralized applications (dApps) and Non-fungible tokens (NFTs).
Solana is like a new, innovative way to manage a traditional ledger.
Fast: Solana can handle a lot more transactions faster than some blockchains. This makes it perfect for things that need to be quick, like buying things online with crypto.
No Single Boss: Everyone on the Solana network agrees on the order transactions happen (decentralized). There's no one computer in charge, making it secure and resistant to manipulation.
Unique Approach: Solana uses a system to keep track of time within the network (Proof of History) which helps it stay fast and efficient.
Solana is a blockchain designed for speed and security, making it an option for the future of crypto and decentralized applications.
https://www.dbm.academy/faq for more blockchain vocabulary.