Solana (blockchain platform)
Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL.
| Denominations | |
|---|---|
| Code | SOL |
| Development | |
| White paper | Solana: A new architecture for a high performance blockchain |
| Code repository | https://github.com/solana-labs/solana |
| Developer(s) | Solana Labs & Solana Foundation |
| License | Apache 2.0 |
| Ledger | |
| Block explorer | https://explorer.solana.com/ |
| Website | |
| Website | Official website |
Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed against the platform.
Solana's total market cap was US$55 billion in January 2022. However, by the end of 2022, this had fallen to around $3 billion following the bankruptcy of FTX. Following the general rise of the cryptocurrency market in 2023, its market cap rose to $7 billion.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.