SOL (Solana)

Project basic information

Issue Time:2020-04-11
Total Supply:511,616,946
Circulation :317,630,445
White paper:https://solana.com/solana-whitepaper.pdf
Block Explorer:https://explorer.solana.com/

Project Introduction

Solana is a highly functional open source project that banks on blockchain technology’s ermissionless 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 Solang
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.Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.