Crypto Currency News
Ethereum Classic

Solana Price, SOL Price Index, Chart and Information

About Solana Coin

Solana price is today $ 19.70 with a 24-hour trading volume of $ 234,948,921. The SOL price has increased 5.5% in the past 24 hours. It has a circulating supply of 270 million SOL coins and a maximum supply of 489 million. VCC Exchange is currently the most active market that trades with it.

Solana builds the architecture of its blockchain on the basis of Proof of History (PoH). evidence of checking the order and timing between events. The purpose of PoH is used to encode the trustless time lapse into a ledger. A proof of stake (PoS) consensus mechanism is then used to confirm the current sequence generated by the proof of history generator. PoS is also used to vote and select the next Proof of History generator node and to penalize validators who act against the interests of the network.

Up to 710,000 transactions / second on a 1 GB network with no data partitioning

Proof of history
The coding time as data in the replicated state enables simple and efficient evidence and logs.

High-performance system architecture
The network is designed for maximum throughput and high availability. Our bytecode for smart contracts is based on the Berkeley Packet Filter, which is designed for fast execution.

Fast proof of replication
A fast streaming proof of replication is used to store a large distributed ledger.

Consensus regardless of transaction flow
Transactions flow through the network regardless of consensus and are only limited by hardware.

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