What's so special about Solana? How to Staking on Solana?

By    11 Apr,2022

What is Solana Cryptocurrency?

Solana Cryptocurrency is a decentralized peer-to-peer (P2P) digital currency designed to revolutionize the face of the traditional financial landscape.Solana Cryptocurrency enables a faster, more user-driven financial ecosystem that is more economical than the systems currently operating in financial institutions.

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How do I buy Solana cryptocurrency?

Solana is one of the most valuable cryptocurrencies and is the most preferred cryptocurrency by many investors. You can buy Solana on popular bitcoin exchanges such as Coinan, FTX, Coinbase, Kraken and Gemini. eToro is a good choice if you prefer to use a crypto brokerage platform. Note: Trading, buying and mining of cryptocurrencies is prohibited in mainland China.


What's so special about Solana?

Solana is a blockchain protocol whose mission is to bring the decentralized finance (DeFi) ecosystem into the mainstream. It also supports NFT, which is becoming increasingly popular. While Solana offers similar services like the base layer protocol Ether, it differs from older versions of smart contract networks. It uses a hybrid blockchain architecture that uses a proof-of-stake (PoS) consensus mechanism and proof-of-history (PoH) time mechanism, making it faster with a throughput of 50,000. at the same time, it is less expensive and more environmentally friendly than the proof-of-work mechanism of the Ether blockchain.


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