Solana - Page 5

Solana is a high-performance blockchain platform designed for decentralized applications (dApps) and crypto projects. It is known for its scalability, speed, and low transaction costs, allowing it to process thousands of transactions per second. Solana utilizes a unique consensus mechanism called Proof of History (PoH), which timestamps transactions to improve processing efficiency and maintain network integrity. The platform supports smart contracts and is often used for decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based solutions. Its architecture aims to enable developers to build scalable applications while integrating with other blockchain networks.