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Solana is the fastest blockchain in the world and the fastest growing ecosystem in crypto, with over 400 projects spanning defi, nfts, web3 and more. Solana is a programmable blockchain that strives to perform high speed transactions without losing its core feature, decentralisation. the network uses a novel mechanism called the proof of history. sol, the blockchain’s native token, is used for transaction fees and can also be staked. Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. with lightning fast processing times, solana has attracted a lot of institutional interest as well. Solana is a blockchain platform for decentralized apps. it's an open source project maintained by the geneva based solana foundation, and built by developers at san francisco based solana labs. Audius is one of the most popular apps in the crypto space, and the solana foundation is excited to welcome them to the ecosystem and support their mission in providing a music streaming platform that puts power back into the hands of content creators. app. aurory. aurory is a gaming project powered by solana and serum.
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Solana price predictions: what to expect. according to coin price forecast, solana will reach $500 by the end of 2021 and then double that figure before the end of 2022.it doesn’t stop there. Solana is a public blockchain platform. it is open source and decentralized, with consensus achieved using proof of stake and proof of history. its internal cryptocurrency is sol. bloomberg considers solana to be "a potential long term rival for ethereum". like ethereum, solana can interact with smart contracts. Solana basics. what it does: solana is a fast programmable blockchain that runs various decentralized applications. management team: co founder and ceo anatoly yakovenko had worked in designing.
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