Key Features of SOLANA
SOLANA offers several key features that make it stand out in the cryptocurrency space:
- High Throughput: SOLANA can process thousands of transactions per second, making it one of the fastest blockchain networks.
- Low Fees: The platform aims to keep transaction costs low, making it affordable for users.
- Scalability: SOLANA's architecture is designed to scale with network demand, ensuring smooth operations even during peak times.
- Smart Contract Support: Developers can build and deploy smart contracts on the SOLANA blockchain, enabling the creation of decentralized applications.
- Secure and Decentralized: SOLANA utilizes a Proof-of-History (PoH) consensus mechanism, combined with Proof-of-Stake (PoS), to ensure security and decentralization.