Solana (First Pass)

https://www.coinbase.com/learn/crypto-basics/what-is-solana#:~:text=Solana%20is%20a%20crypto%20computing,transaction%20fees%20and%20for%20staking.

  • Ethereum competitor
  • like Ethereum it is both a cryptocurrency and a flexible platform for running crypto apps
  • It’s major innovation is Proof-of-History which makes it faster and cheaper to use than Ethereum
  • Solana can process around 50k transactions per second compared to 15 or less for Ethereum (Visa can do tens of thousands per second)
  • Native cryptocurrency is SOL
  • used for staking and to pay transaction fees
  • https://coinmarketcap.com/currencies/solana/