Solana In Free Fall, Hack Is Bigger Than Expected, SOL Crypto Coin



Published
Hacker Steals Over $323 Million Worth Of ETH From Cross-Chain Protocol Wormhole
What Is Solana (SOL)?
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

To learn more about this project, check out our deep dive of Solana.

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

SUBSCRIBE TO THE CHANNEL!!!
Category
Cryptocurrencies
Be the first to comment