Solana

Say hello to a competitor of Ethereum

In 2017, a computer scientist named Anatoly Yakovenko launched Solana 🤯

Yakovenko created 8 inventions to make Solana faster than Ethereum ⚡

One of the major inventions is called Proof-of-History ✨

So what is Proof of History? 🤔

It's not important to go into the details, but just know that it makes Solana super fast 📝

As an example, Ethereum processes 15 transactions/second 😴

Solana completes 50,000 transactions/second 🤩

Since Solana is so much faster, it costs way less than Ethereum to complete transactions 🤑

Unfortunately, the speed and affordability comes at a cost 👀

Solana has had multiple hacks, and is slightly less secure than Ethereum and Bitcoin 🦺

Solana’s crypto token $SOL is still incredibly popular and very attractive to investors for its speed and lower cost 🤑

Test your knowledge

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What is true about Solana’s inventions?

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What is the symbol for Solana’s crypto?

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